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2012 CFDA Fashion Awards - Cocktails

NEW YORK, NY - JUNE 04: Actress Gretchen Mol attends the 2012 CFDA Fashion Awards at Alice Tully Hall on June 4, 2012 in New York City. (Photo by Larry Busacca/Getty Images)

CFDA fashion awards

Mary-Kate and Ashley Olsen took home the biggest prize of the night at the annual Council of Fashion Designers of America awards June 4in New York. They've been selected as the country's top womenswear designers for their collection called The Row.