The chic and the sleek: CFDA Fashion Awards [SLIDESHOW]

Hollywood’s most stylish celebrity A-listers strutted their stuff in New York City on Monday night to honor some of the fashion world’s biggest stars. The Council of Fashion Designers of America (CFDA) hosts an annual ceremony at Lincoln Center to recognize the top designers and icons in the industry.

Pop star and fashion risk-taker Lady Gaga took home the night’s top honor; Style Icon of the Year. In keeping with her signature eccentric style, the 25-year-old singer showed up wearing a shocking turquoise wig and a scandalously sheer black gown that left little to the imagination. While receiving her award, Gaga tearfully told the audience, “As much as this award means to me personally … I just want you to know how much this means to young Americans.”

Child stars turned fashionistas, Mary-Kate and Ashley Olsen, were among the nominees for the prestigious Swarovski Award for Womenswear. The dynamic duo lost the award to designer Prabal Gurung, but they still turned heads on the red carpet with unique creations from their signature collection, “Elizabeth & James.”

In addition to the honored guests, there were also a slew of stylish celebs in attendance to support their favorite designers. From Jessica Alba to Kayne West, take a look at which fashion-savvy stars were dressed to the nine’s at last night’s event.

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  • A slimmed-down and stylish Kathy Griffin looked chic in this sequined gold frock backstage at the CFDA ceremony.
  • "Desperate Housewives" actress Marcia Cross dazzled in this low-cut gown as she posed with designer Pamella Roland outside last night's award ceremony.
  • Actress Chloe Sevigny donned a low-cut black blouse and form-fitting white skirt at last night's CFDA awards ceremony.
  • Actress Kirsten Dunst, seen here with designers Joseph Altuzarra and Patrik Ervell, sported a masculine-chic look at last night's event.
  • Rapper Kanye West looked a little on the short side as he posed with 6'0 supermodel Karolina Kurkova backstage. West, an avid follower of fashion trends, presented an award at the event.
  • The stylish and stunning Liv Tyler turned heads in this multi-colored satin mini-dress at last night's ceremony.
  • Victoria's Secret supermodel Miranda Kerr looked beautiful in this cut-out sleek black gown.
  • Fashion designer and reality star Whitney Port posed with President of CFDA, Diane Von Furstenburg, at last night's ceremony.
  • Actress Naomi Watts glistened in this metallic gold frock after presenting an award at the 2011 CFDA Fashion Awards.
  • "Twilight" star Ashley Greene posed outside the CFDA awards with designer Michael Kors. The star looked gorgeous in this vibrant pink cocktail dress.
  • A very pregnant Jessica Alba looked stunning and summery in this florescent orange and purple gown.
  • Fashionistas Mary-Kate and Ashley Olsen were among the nominees for the Swarovski Award for Womenswear. The stylish sisters currently design two fashion lines, "The Row" and "Elizabeth and James."
  • Gaga's outfit left little too the imagination, and the audience was given an eyeful when the popstar went to the stage to accept her award for Fashion Icon of the Year.
  • Pop superstar Lady Gaga, known for her eccentric wardrobe choices, took home the top honor of the night: style icon of the year. The 25-year-old singer, in a Thierry Mugler gown and 12-inch platform heels, tearfully thanked the audience for "making me a star before I was one."