New Year's Eve

You've decided where you're going and who you're spending it with, but the most pressing question remains: what are you going to wear on New Year's Eve? Considering it's the one night of the year when it's completely appropriate--and even highly encouraged--to have some festive fun with your fashion, we've put together two different looks for your end-of-year events. So raise a glass of bubbly and get ready to ring in 2013 with these perfectly party-ready outfits!Look 1: Luxe Tux
Inspired by Giambattista Valli Resort 13's cool black-tie interpretation--the Jacket in Tweed ($2116) and Shorts in Cotton Sangallo with Flowers ($1124)--we assembled a polished look that offers a similarly playful take on the tuxedo. Step #1: Start With A Blazer & Shirt The key to this outfit lies in a sharp jacket, like Willow & Clay's Velvet Blazer ($98, 1.877.866.6287), and chic button-down, like Massimo Dutti's Silk Shirt with Handkerchief ($90) in Ivory. Combined, these separates offer a cool tactile mix. Step #2: Add Tailored Shorts Don't feel like you're confined to head-to-toe black: you can lend some colour to your look with Tommy Hilfiger's navy Tuxedo Shorts ($128). Step #3: Finish With Streamlined Accents Complement this crisp outfit with sleek accessories, like Alejandro Ingelmo's Lucia Pointed Toe Pumps ($495) and Kate Spade New York's All Hours Stroke of Midnight Georgie Clutch ($98), a cheeky purse that guarantees your look's not overly buttoned-up. Finally, Juicy Couture's Princess Cut Cluster Adjustable Ring ($88) lends just the right amount of glamour, making your outfit just as memorable as your night.

Look 2: Lady in Lace
Lanvin's F/W 12 collection included an ultra-feminine, lacy frock paired with bright evening gloves and a statement necklace--an over-the-top look that's ideal for any New Year's Eve celebration. Step #1: Find The Perfect Dress We suggest starting with Robert Rodriguez's Strapless Lace Peplum Dress ($325) in Gold. This frock hints at a throwback to the '80s, albeit with more sophisticated flair. Step #2: Enhance Your Neckline A bare neckline just begs for adornment-in this case, a dazzling necklace like Lulu Frost's Demeter Collar ($310). Step #3: Top Off With High-Impact Accessories Since this look's all about more-is-more (and having fun with it), a few self-indulgent pieces are a must. Add texture with Portolano's Silk Lined Gloves ($290, 212.719.4403) and Coach's Poppy Feather Small Bag ($398). Finally, polish it all off with Charles David's sleek Marcasite Heels ($198) and you're set for a truly stylish midnight countdown!--Tiffany Tse

Giambattista Valli runway image, courtesy of Giambattista Valli; Lanvin runway image, courtesy of Lanvin.