The 2012 CFDA Awards was held last night at Lincoln Center in New York to honor the industry’s finest!

Ashley Olsen at the bar, before winning The Women's Designer of the Year Award with newly brunette sister MK. They won the most prestigious fashion design award in America, beating out the likes of Marc Jacobs. They then very adorably thanked each other!

Designer Alexander Wang and Carine Roitfeld

John Waters pick up awards for Comme des Garçons‘ Rei Kawakubo and Johnny Depp (who performed with the Black Keys at the MTV Movie Awards the night before) both of whom did not attend.

Seth Meyers, the evening's host and head writer of “Saturday Night Live” with Alexi Ashe

Sophia Bush

Pharrell Williams

Designer Michael Kors and model Joan Smalls

Candice Swanepoel (love her hair!)

Julianne Hough in Kaufmanfranco

Anna Wintour in Marc Jacobs presented The Lifetime Achievement Award to Tommy Hilfiger.

Designer Tommy Hilfiger and Dee Hilfiger. After the awards, they hosted an intimate dinner at the Monkey Bar.
Though the awards were short, it turned out to be a long night! The after party, of course, was held at the Boom Boom Room!
The Winners of the Night:
Womenswear Designer of the Year: Ashley & Mary Kate Olsen–The Row
Menswear Designer of the Year: Billy Reid
Accessory Designer of the Year: Reed Krakoff
Swarovski Awards for Womenswear: Joseph Altuzarra
Swarovski Awards for Menswear: Phillip Lim
Swarovski Awards for Accessory Design: Tabitha Simmons
International Award: Rei Kawakubo–Commes des Garcons
Media Award: Scott Schuman & Garance Doré
Founders Award: Andrew Rosen
Geoffrey Beene Lifetime Achievement Award: Tommy Hilfiger
Fashion Icon Award: Johnny Depp
“Take your fun very seriously…[and] maybe one day you will start a revolution” -Garance Dore