So if you're unfamiliar with the CFDA Awards (Council of Fashion Designers of America), Here's a brief synopsis. It's an awards ceremony where fashion designers attend and are praised for their most recent accomplishments. The event took place on Monday and the big winners of the evening were Reed Krakoff for designer of the year and Mary Kate and Ashley Olsen for women's wear designers of the year. So in other words, the event is kind of like the academy awards for the Fashion world. And we're happy to present to you the more modest looks of the evening....