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Holly Willoughby

Holly Willoughby just gave fashion fans another look to coo over this season as she donned a black jumpsuit by House of Fraser on the red carpet. She finished the look with a blazer draped over her shoulders (it’s the fashion way). [Photo: Getty]

Holly Willoughby, Pamela Anderson and Karlie Kloss lead best dressed at star-studded Fashion Awards 2017

It’s official: this year’s Fashion Awards is underway.

Held at London’s Royal Albert Hall, the prestigious ceremony is dubbed the Oscar’s of the fashion world, as the biggest names in the sartorial sphere touch down in the capital for a night of celebration.

And models, designers and influencers alike have taken to the red carpet to demonstrate their style prowess.

All eyes were on Hailey Baldwin as she proved the high street can work wonders on the red carpet in a black mini dress by Topshop.

While Rita Ora proved the nineties are back in a metallic 1992 gown by Versace (how vintage).

And of course we knew we could rely on Alexa Chung to deliver, as she looked prim in a ladylike dress from her own label.

Take a look at what your favourite A-listers wore at the Fashion Awards 2017 above.

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Read more from Yahoo Style UK:

The Fashion Awards 2016: What everyone wore

Fashion Awards 2017 nominees: Kaia Gerber, Rihanna and both Hadid sisters up for awards

Get the lowdown on the Fashion Awards 2017