Hot Shots: Olivia Palermo Makes A Fashion Statement!

Earlier this week, the always well-dressed Olivia Palermo attended the 2010 ACE Awards at Cipriani in New York City. She flaunted her fashion sense in a graphic-print silk Giambattista Valli dress with feathers along the skirt and paired the standout number with blue and yellow heels (we've seriously been coveting her shoe candy lately). Even though the outfit was busy, she managed to incorporate two statement pieces without going overboard.

+ Are you feeling Olivia's ensemble, or is there too much going on? Sound off in the comments!

Photos: Jamie McCarthy/Getty Images