2012 Costume Institute Gala

met gala

Shimmery Metallic Gowns Rule the Met Gala Red Carpet — See Who Wore the Trend!

It's no doubt that the Met Gala is the biggest night in fashion, and more celebrities then ever before came out to show off their red-carpet best.

It's no doubt that the Met Gala is the biggest night in fashion, and more celebrities then ever before came out to show off their red-carpet best. The theme this year was Schiaparelli and Prada: Impossible Conversations, and several A-list actresses paid homage to legendary fashion designer Elsa Schiaparelli in gorgeous gowns inspired by the Roaring '20s. Shimmery metallics proved to be the standout color for the evening — everyone from Anna Wintor to Jessica Alba rocked these shiny hues. From rich golds to silvery metallics, watch today's Fab Flash to see all of these red-carpet stunners. On Allison McNamara: Topshop dress.

met gala

See Our Favorite Met Ball Gowns From Galas Past!

The Costume Institute Gala is coming up on May 7, and we can't wait to see what some of our top style setters choose to wear on the red carpet.

The Costume Institute Gala is coming up on May 7, and we can't wait to see what some of our top style setters choose to wear on the red carpet. To get you excited, we've rounded up our absolute favorite gowns from galas past. From sexy minis to princess-perfect ball gowns, anything goes at the Met Ball. Take a look at our list of standouts, and let us know which outfits you like best! On Allison McNamara: H&M top, Elizabeth Cole necklace, Topshop jacket.

Anna Wintour

2012 Costume Institute Gala and Exhibit to Focus on Miuccia Prada, Elsa Schiaparelli

>> As rumored, the 2012 Costume Institute Gala and exhibit will focus on Italian designers Elsa Schiaparelli and Miuccia Prada.

>> As rumored, the 2012 Costume Institute Gala and exhibit will focus on Italian designers Elsa Schiaparelli and Miuccia Prada.

Elsa Schiaparelli and Miuccia Prada: On Fashion will run May 10 to Aug. 19, and will be underwritten by Amazon alongside Conde Nast. Serving as honorary chair at the May 7 gala is Jeff Bezos, founder and CEO of Amazon, with Carey Mulligan, Miuccia Prada, and Anna Wintour as co-chairs. Baz Luhrmann will act as creative consultant to the exhibition, helping to oversee its design.

Curators Harold Koda and Andrew Bolton aim to examine the way Schiaparelli and Prada broke fashion convention and played with the ideas of good and bad taste as well as their affinity to the art world. “Once we got Schiaparelli as the core part of what we wanted to do, it became a logical jump to Miuccia,” Koda said. “They are both Italian women, and even though Miuccia might not describe herself as a feminist, what we see is these two very strong women with a very strong aesthetic.”

The exhibit is expected to feature about 80 designs by Schiaparelli from the late '20s through the early '50s and by Prada from the late '80s through present day, drawn primarily from The Costume Institute's collection and the Prada archive.

miuccia prada

Miuccia Prada, Elsa Schiaparelli Reported Focus for 2012 Costume Institute Gala

>> After this year's record-breaking Alexander McQueen-themed exhibit, what will the Costume Institute pick to focus on for the 2012 gala and exhibit?

>> After this year's record-breaking Alexander McQueen-themed exhibit, what will the Costume Institute pick to focus on for the 2012 gala and exhibit? WWD reports hearing that Miuccia Prada and Elsa Schiaparelli will be the focus, but further details could not be learned, and the Met declined comment on the matter. [WWD]