Thinking back, we're unsure if Gigi Hadid's ever worn an outfit we didn't immediately lust after: caped blazers, cutout dresses — the list is endless. But we're pretty sure her AMAs red carpet look [1], a revealing custom Bao Tranchi set, complete with lace-up and thigh-slit details, is her sexiest and most stunning [2] yet. As Giuliana Rancic put it, she looked "ridiculous."

Read on to view her stunning ensemble in full, then check out how the It model covers up when it comes to Winter style [3].