Dress du Jour: Olivia Palermo's Elegant Alessandra Rich Dress

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A high neckline doesn't always scream modern, but the fashion star knocked it out of the park in this frock.

The Dress: A white lace gown with fringe detailing from Alessandra Rich's spring 2015 collection.

The Wearer: Fashion "It" girl Olivia Palermo

The Event: The launch party of CR Fashion Book N.5 — which saw Kim KardashianCara Delevingne, Karl Lagerfeld and Tommy Hilfiger, to name a few — celebrating Carine Roitfeld's birthday in Paris on Sept. 30.

Why We Dig It: It’s all in the details — the white lace, gold buttons on the front pockets and fringe detailing on the sleeves and skirt make this piece lean toward modern rather than matronly. Palermo always adds her own touch to designer dresses, and this look is no exception. While some may have chosen to go accessory free with such a high neckline, the New Yorker added a gorgeous gold necklace that truly elevated this high-fashion look.