Rihanna, Madonna and an Olsen twin or two rock the 'Oscars of Fashion'
Marc Jacobs! Kate Moss! Madonna! The Costume Institute's latest show, "The Model as Muse: Embodying Fashion" got a jolt of star power Monday night as it kicked off its new exhibit with the annual Costume Institute Gala, the so-called "Oscars of the Fashion Industry." Here's a look at the outfits that wowed, flopped or just made us yawn. —Jessie Pascoe
Pictured: Kate Hudson, Stella McCartney, Liv Tyler and Kate Bosworth