There are few pieces that are as timeless as a Chanel tweed jacket, so it's no surprise designer Karl Lagerfeld held a glamorous party with a photo exhibition to celebrate Chanel's little black jacket. Stylish stars clad in the designer du jour including Karolina Kurkova, Lily Collins, and Poppy Delevingne stepped out for the affair in NYC, as did Karl Lagerfeld himself. Black and white definitely seemed to be a reoccurring theme on the red carpet — watch today's Fab Flash to hear more about this fashionable affair. On Allison McNamara: Topshop top, H&M jacket, Forever 21 necklace.
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