Gwyneth Paltrow Shines at CFDA Fashion Awards and Swarovski x Skims' Launch Party

TL;DR Summary
Gwyneth Paltrow accepted the innovation award at the CFDA Fashion Awards in New York City, wearing a sleek black ensemble from her fashion range G. Label. The 51-year-old entrepreneur donned a high-waisted satin maxi skirt with a high side slit, paired with a snug turtleneck and delicate sparkly jewelry. Paltrow described her look as "comfortable, classic," and "stretchy." Other notable winners at the event included Serena Williams as Fashion Icon and Catherine Holstein for Khaite as American Womenswear Designer of the Year.
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