Tonight's CFDA Awards red carpet features the world's most illustrious designers, but as it happens, your favorite mall store is also making a very stylish appearance: Banana Republic.

The retailer outfitted Jamie Chung for the event, who donned a $498 custom dress that will be available in select stores in August. There's a lot to love about her frock: the cheery red hue, the plunging halter neckline, and the cool slits are all major reasons why this outfit has won us over.

Scroll down to see Jamie Chung's Banana Republic dress on the CFDA Awards red carpet!

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via Who What Wear

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