Day two at Cannes Film Festival and we’re already amazed at the fashion on display—from the red carpet to the after parties, the ladies were dressed to the nines and left us totally wanting more. While there were a few misses (what is Elena Lenina wearing around her neck??), for the most part everything was beautiful and classy, but with just enough punch to keep it from looking dull. And the trends? Reds, pastels and lace are making their mark on the carpet, but fresh-off-the-runway frocks are some of the biggest trends of this festival. Chanel, Valentino, Victoria Beckham, Armani and Dior are just a few of the labels who saw their designs transfer seamlessly from the catwalk to the red-carpet. We’re anxious to see what evolves over the next week!