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Fashion New: Miley Cyrus is sweet and seductive at CNN awards

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Miley Cyrus looked simultaneously sweet and seductive Sunday night in this yellow gown from Roberto Cavalli. The low-cut bodice adds the spice while the dress’ other details are all sweetness.

She was attending the Fifth Annual CNN Heroes: All Star Tribute at L.A.’s Shrine Auditorium, where Robin Lim was named Hero of the Year for her work helping poor Indonesian women through pregnancy and childbirth. [CNN]

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Sean Penn, Jayma Mays, Brooklyn Decker, Nicole Richie, Diane Kruger, Kristen Bell and Dennis Quaid were among the star-studded crowd at the Beverly Wilshire Hotel for last week’s Unicef Ball honoring Queen Noor of Jordan as the year’s Woman of Compassion and Irena and Mike Medavoy and their son Nick with the Danny Kaye Humanitarian Award. Long formal gowns ruled for the women and among the most notable were Kruger’s backless black dress by Emilio Pucci; Bell’s white Christian Dior, Decker’s aqua Tory Burch and Nicole Richie’s interesting black Osman, with it’s high neckline and cutouts at the waist. [Society News LA] [This item has been updated to correct the spellings of Mays and Irena.]

Vogue Editor Anna Wintour said she follows her instincts, not market research, in an interview on CBS’ ‘Sunday Morning.’ That’s how she came up with, for instance, the magazine’s 1989 cover of Madonna in jeans and a jeweled Lacroix jacket. Her peers derided it but it became among the most notable in Vogue history. [The Cut]

Meryl Streep, who played a not-so-thinly-disguised version of Wintour in ‘The Devil Wears Prada,’ is on Vogue’s January cover, showing that Wintour has a sense of humor -- or at least an instinct that Streep will sell magazines. [Fashionista]

Bernard Arnault, France’s richest man and the chairman of LVMH Moët Hennessy Louis Vuitton, is Women’s Wear Daily’s newsmaker of the year. He acquired Bulgari, met with President Obama, searched for a replacement for John Galliano as Dior creative director, increased LVMH stakes in Hermes and Carrefour -- and a whole bunch of other stuff in 2011. [WWD]

Banana Republic opened a flagship last week on Paris’ famed Avenue des Champs-Elysées. [WWD] (Subscription required.)

Kelly Folan is the new editor of Racked National. [Racked]

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-- Susan Denley

Top photo: Miley Cyrus with Liam Hemsworth wears Roberto Cavalli at CNN Heroes: All Star Tribute. Credit: Frederick M. Brown / Getty Images

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