Lily Collins' Gorgeous 2012 CFDA Fashion Awards Arrival

Joining the hottest names in fashion, Lily Collins looked gorgeous on the red carpet at the 2012 CFDA Awards in New York City on Monday evening (June 4).

The 23-year-old actress looked amazing as she posed for the photographers and prepared for her presentation in the Alice Tully Hall event at Lincoln Center.

Of course, Mary Kate and Ashley Olsen are up for the Womenswear Designer of the Year trophy for their work with The Row label. They’ll compete against Marc Jacobs, and Proenza Schouler duo Jack McCollough and Lazaro Hernandez.

Additionally, Johnny Depp will be honored with the 2012 Fashion Icon Award, given his fierce individuality and fabulous eye for clothing, although he will not be in attendance.

As for the Menswear Designer of the Year, hopefuls include Patrik Eryell, Billy Reid, and Simon Spurr.

Enjoy the pictures of Lily Collins at the 2012 CFDA Fashion Awards at the Alice Tully Hall event at Lincoln Center in New York City (June 4).