The fact that today is first Monday in May probably means very little to most people, but it means everything to fashion industry folk. Today is the day of the annual Met Gala, formally called the Costume Institute Gala. Informally, the event is regarded as the greatest red carpet fashion moment of the year and is attended by both fashion industry big wigs and celebrities alike. Since its conception in 1946, it's become one of the most exclusive NYC social events of the year, even earning the titles "the Oscars of the East Coast" and "the party of the year."
The first gala was held 1946 as a fund raising event for the Met's Costume Institute, which is one of the only curatorial departments responsible for funding itself. Vogue Editor-in-Chief Anna Wintour became a chair for the event in 1995, overseeing the guest list and benefit committee, and used her influence in the fashion industry to transform the event and make receiving an invitation a serious accomplishment. Each year's event has a theme that corresponds to an exhibit opening in the Metropolitan Museum of Art's Costume Institute.
Met Gala looks from years past