Kate Bosworth in Altuzarra and Mary-Kate and Ashley Olsen on the red carpet at the 2012 CFDA Awards

Kate Bosworth Leads The Style Squad At The CFDA Awards

All eyes were on Kate Bosworth at ‘fashion’s Oscars’ – the CFDA (Council of the Fashion Designers of America) Awards this weekend. Mary-Kate and Ashley Olsen may have scooped the coveted Womenswear Designer of the Year accolade, beating off competition from Proenza Schouler and Marc Jacobs, but Kate stole the red carpet show in a stunning Altuzarra mosaic print dress and Gianvito Rossi for Altuzarra ankle cuff stilettos.

Dressed in their own designs, Mary-Kate and Ashley picked up the prize for their lust-have label The Row, famous for classic, luxe pieces and loved by celebrities like Charlize Theron.

Also in attendance were Solange Knowles and Lily Collins, Solange in a sunflower yellow sequined Marni dress and co-ordinating Missoni sandals, and Lily, who presented the Swarovski Award for Emerging Talent to shoe designer Tabitha Simmons, looking regal in a gold brocade Marchesa AW12 mini and Giuseppe Zanotti metallic slingbacks.

Dakota Fanning, Jessica Chastain and Sophia Bush also rocked the red carpet, while other winners on the night included Phillip Lim for menswear, Johnny Depp for Fashion Icon and Tommy Hilfiger, who was presented the Geoffrey Beene Lifetime Achievement Award by Anna Wintour. GG

VIDEO: Scroll down to see all the hottest names in fashion walk the red carpet for the CFDA Awards…