Blake Lively vs. Cate Blanchett: Who looked best at Milan Fashion Week?

See the two looks up close »

Last night, Vogue Italia and P&G Prestige hosted quite the fancy event in Milan. Described as a magical journey that engaged all senses, the Beauty in Wonderland exhibit was a multisensory experience promoting P&G brands with instillations. And since a fashion event is never complete without a star-studded guest list, Blake Lively and Cate Blanchett, the faces of Gucci and Armani respectively, lent their star power while in town for Milan Fashion Week.

Switching gears from her leather body-hugging dress at Gucci, Blake Lively showed off a sportier side at last night’s event in a look straight off the runway, literally. Baring toned arms, the blonde bombshell arrived in a shimmering black halter Gucci jumpsuit from the Spring 2014 collection, which featured metallic green piping down the sides. With her hair in a messy updo, subtle smoky eyes and neutral pink lips, Lively made her laid back outfit look unquestionably luxe, making us quite nostalgic for her Serena van der Woodsen days.

Known for her statuesque beauty and classic style, Cate Blanchett channeled her playful side last night. The Australian actress arrived in a sleeveless tricolour dress by Prabal Gurung from the Resort 2014 collection, which featured a knee-length red and white skirt heavily embroidered with ostrich feathers. Finishing off her look with black peep-toed heels, Blanchett kept her beauty look relatively simple in a no-fuss updo and statement red lips.