Now this is how you do the ladies who lunch look!
Elizabeth kept it classy in a burgundy tweed Trina Turk sheath dress with fold-over collar that dipped into a low V at the back.
She completed the look with black peep-toe Miu Miu pumps and a chic updo.
Très sophistiqué, madame!
Grace Kelly Award honoree Reese killed it again in a simple flutter-sleeve Miu Miu LBD which she brilliantly paired with fire-engine red Casadei pumps (though they were about half a size too big) and a blush-colored Prada clutch.
Her hair was piled into a high, fluffy bun with her signature bangs swept to the side.
For her second award of the night, we dub Reese the winner of this fashion face-off!
[Image via Brian To/WENN.]
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