versus

You can't say Donatella Versace doesn't know how to throw a party. Last night, she and designer Jonathan Anderson took over the Lexington Avenue Armory in New York City to present the new Versus Versace and JW Anderson's first capsule collection for the brand.

But this wasn't just any product launch. Versace managed to fill the space with everyone from industry insiders like Leigh Lezark, Eniko Mihalik, and Harriet Mays Powell, but she also drew stars like Heidi Klum, Darren Criss, and Taylor Momsen.

All of them assembled around a big black box in the middle of the room. When illuminated, the box was revealed to be a backstage area enclosed by translucent panels of plastic. From there, models walked down runways on either side of the space before performances by musicians Angel Haze, Dead Sara, and Grimes.

And while no one walked away with pieces from the collection, guests did get a special treat at the end of the party: a parcel of differently flavored doughnut holes served as the goody bag.

A look at all the pieces that came down the runway, plus a few snaps from the party, here in the gallery.

Last night marked the launch of Versus Versace, and the event was a star-studded affair. Celebrities like Heidi Klum and Hayden Panettiere stepped out sporting some seriously gorgeous beauty looks that almost distracted us from the beautiful clothing. Want to see more? Just keep clicking.

If you're going to have a fashion show on a Friday night, you might as well make it a party — and you might as well offer up clothing made for a rollicking good time.

With a glowing neon runway and a live performance by Beth Ditto — complete with backup dancers — the vibe was certainly in place. And though the first looks out the gate — zippered blazers, miniskirts, and flippy little dresses in vivid dahlia pink — were certainly hot enough to ignite a little flame, it wasn't until the bold intarsia knits, flower power prints, and Twister dot motifs appeared that the fun really began. In Lego hues, with clubby '60s silhouettes, and adorned with oversized plastic chains, they made for quite the joyous display — and proved that Christopher Kane and Donatella Versace definitely know how to keep a mood light.

Welcome to Friday, the end of the week, the beginning of the weekend, and most importantly, the magical day where we reveal CelebStyle's top stars of the week. We've rounded up seven of the hottest, freshest, and downright smashing celebrity looks that must be mimicked, pronto. This week's standouts were Tiffani Thiessen in a sweet menswear-inspired ensemble, Diane Kruger showcasing a sultry siren Cannes look, Jessica Alba in a colorful Mother's Day outfit, and a few more including Charlize Theron, Kristen Stewart, Ashley Tisdale, Kim Kardashian, and Jessica Stroup. Click through to check out this week's style stars, why we love them, and how you can re-create their lust-worthy looks.

>> Donatella Versace and Christopher Kane tapped the rough-and-tumble youths of London's Camden Town for their Fall 2012 Versus collection. "The skinheads, the glitter, the acid tie-dye," Kane described backstage. And sure enough, there was a grittiness to the collection — and it was evident from the moment the first model appeared on the runway clad in a leather-sleeved jacket. Colors were dark and moody — burgundy, violet, and acid yellow — and everything from the skintight pants to the short little dresses was printed in psychedelic graphics or slashed-and-laced with grommets. "She's a rebellious, tough, angry, modern girl," Kane explained.

For Versus Fall 2012, Donatella Versace and Christopher Kane took it to the streets of London, more specifically to the Camden underground scene. Translation: it's all about the tough girl with a confident punk attitude and a penchant for grittier, trippier silhouettes. Between the bright tie-dye prints and rocker-chick lace-up minidresses, we could tell that Versus was honing in on its playful spirit and younger edge. While the collection offered a solid lineup of minis, over-the-knee leather boots, shredded-front tees, and general punk-appropriate attire, there were also some super-structured leather outerwear that struck us as totally wearable, no matter your personal style preference. Although Donatella and Christopher combined rougher elements — rock music, teenage angst, and more — the result can be easily transitioned into a sexier cocktail look. See more Versus details below.

• Trends: Bright tie-dye-meets-ikat prints, lace-up minis, strong leather silhouettes, and rounded shoulders.
• Colors: Fuchsia, turquoise, yellow, black, burgundy, and midnight blue.
• Key Piece: The punk-rock minidresses that featured sequins, psychedelic prints, or lace-up details.
• Accessories: Boxy purses, over-the-knee leather rocker boots, and tough biker boots with colorful piping.
• Who Would Wear It: Ladies who aren't afraid of showing a little skin with more than just a little attitude, like Heidi Klum, Diane Kruger, and Mila Kunis.