Celebrities Celebrate Red Carpet Style

[tiImage width=”300″ height=”400″ url=”http://img2.timeinc.net/instyle/images/2011/wrn/012911-StyleWatch-Lead-300.jpg” credit=”John Shearer/Getty Images for People Magazine” align=”left” border=”1″ alt=”Perrey Reeves and Jennifer Love Hewitt”]

Last night, stars gathered in Los Angeles to celebrate red carpet style with People StyleWatch, including Jennifer Love Hewitt and Perrey Reeves, pictured here. So what did they wear for an event dedicated to fashion? Click through the gallery to find out.

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Olivia Palermo: Designer?

[tiImage width=”300″ height=”400″ url=”http://img2.timeinc.net/instyle/images/2010/wrn/122810-Olivia-300.jpg” credit=”Doug Peters/EMPICS Entertainment//ABACAUSA.COM” align=”right” border=”1″ alt=”Olivia Palermo”]

Olivia Palermo announced last month that she’s working on a new reality show, and now the premise of the show has been revealed: Cameras will follow the socialite, Mango model and former star of The City as she designs and launches her very own clothing line, Racked reports. How similar to her former nemesis on The City, Whitney Port! Olivia has a classic sense of style, and she has already collaborated with Roberta Freymann to launch a collection of bib necklaces earlier this year, so we’re interested to see what she comes up with for her own collection. Check out some of Olivia Palermo’s latest red-carpet moments in the gallery.

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