Look who we have here! Victoria Beckham made a subtle appearance at the 18th Annual Elton John AIDS Foundation Party in one of her own designs. This dress wouldn't have been quite right for the official red carpet — as beautiful as it is it's not really an Oscars gown, but it's perfect for this Oscars-but-not-the-Oscars part-ay, know what I mean? The shape is perfect for her, the asymmetrical neckline gives just enough bulk, and the banded waist elongates her legs. I love the washed-out print, too, it's detailed without being too fussy. Nobody works a black-tie event quite like Victoria. What do you think?
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