Julianne Hough & Busy Philipps - CFDA Fashion Awards 2012

Julianne Hough and Busy Philipps are the first to hit the red carpet at the 2012 CFDA Fashion Awards held at Alice Tully Hall on Monday (June 4) in New York City.

The 23-year-old Rock of Ages actress wore a Kaufman Franco Chinese red stretch crepe gown.

Busy wore a Martin Margiela jumpsuit, Irene Neuwirth jewels, Brian Atwood shoes, and a Christian Louboutin clutch.

It was recently announced that Busy‘s sitcom Cougar Town will be making a move to TBS for its fourth season. We can’t wait!

Make sure to catch a digital broadcast of the 2012 CFDA Fashion Awards tomorrow (June 5) on Style.com at 12pm EST! The broadcast will feature the awards ceremony as well as highlights from the red carpet.