Mary-Kate and Ashley Olsen ditched their 'homeless chic' style and opted for more sophisticated looks at the 2011 CFDA Fashion Awards on June 6 in NYC.

The Row was nominated for the "Swarovski Award for Womenswear" and the duo took the opportunity to debut their Fall 2011 handbag collection on the red carpet. Mary-Kate paired her handbag with a metallic gold Chanel pre-fall 2011 jacket and maxi skirt by The Row. Ashley chose a custom pale blue dress by The Row and embellished Manolo Blahnik heels. She added gorgeous Cartier jewels.

For complete coverage, head over to Huffington Post Style.