Top 40 Best Dressed of 2011: Number 16

Blake Lively in a white Chanel gown. Blake has never been one to shy away from risky red carpet choices, especially when the outfit comes from Chanel, the brand that gave her a contract to be the face of it's handbag line. This dress was just risky enough; lots of embellishment, but it an easy color and a great loose braid with light makeup. 

Top 40 Best Dressed of 2011: Number 32

Image via InStyle.com

Blake Lively in Chanel at a dinner hosted by the label. Blake was all about Chanel this year, wearing it everywhere as well as being named the new face of the brands handbags. I love that Blake has taken a risk with this dress, but in a neutral color with matching shoes and puts some color in it with the emerald green post earrings, which make the outfit in my opinion. 

Serena's Gold DVF

Image via InStyle.com 

If you plan on watching Gossip Girl any time soon, you will see Blake Lively's character, Serena Van der Woodsen, in this gorgeous gold glitter Diane von Furstenburg frock and mermaid hair. 

Love it or hate it?

Gossip Girl Premiere Style ~ Season 5

Elizabeth Hurley in Herve Leger and Jimmy Choo

Blake Lively in Catherine Malandrino

Blake Lively in Rag and Bone with a Valentino handbag

Leighton Meester in Oscar de la Renta

Teen Choice Awards

Blake Lively in Gucci and Christian Louboutin leopard heels

Taylor Swift in Rafael Cennamo

Zoe Saldana in Lanvin and Alexander McQueen heels

Cat Deeley in Matthew Williamson

Rachel Bilson in Chloe and Brian Atwood studded booties

Kaley Cuoco in Rebecca Taylor

Kourtney Kardashian

Nina Dobrev in D&G

Best of Lanvin

Katie Holmes

Beyonce Knowles

Amanda Seyfried

Julianne Moore

Claire Danes

Blake Lively

Sarah Jessica Parker

Emma Stone

Emma Stone

Mila Kunis

BAFTA's Brits To Watch Event

Kate Middleton, Duchess of Cambridge, in one of her go-to designers, Alexander McQueen

Maria Bello in Donna Karen

Kristen Chenoweth in BCBG Max Azria

Blake Lively in Marchesa

Jennifer Lopez in Emilio Pucci

Nicole Kidman in custom made Elie Saab

Cat Deeley in Christian Dior

Jennifer Garner in Yves Saint Laurent

Talulah Riley, British actress receiving a Brit to Watch honor, in Dolce and Gabbana

Tom Hanks and his wife, Rita Wilson, talk with Prince William, Duke of Cambridge

Barbra Streisand and husband, James Brolin, speak with Prince William Duke of Cambridge

Rita Wilson and Jennifer Garner

Chanel Resort Collection 2011

Front Row

Blake Lively 

Rachel Bilson

Clemence Poesy 

Collection