By: on May 03, 2012, 23:25.

Save the Date: The Met Ball, fashion’s most fashionable night and “the party of the year” will be streamed live for the first time on Monday, May 7th. You can watch the red carpet celebrity arrivals at 6:30pm – 8:30PM EST on Vogue.Com, MetMuseum.Org and Amazon.com/Fashion.

The annual Metropolitan Museum of Art’s annual Costume Institute Ball brings some of the hottest names in fashion and Hollywood together. Vogue’s Editor in Chief Anna Wintour is the co-chair of the event, along with designer Muiccia Prada. Amazon is underwriting the benefit and the “Schiaparelli and Prada: Impossible Converastions” Exhibit.

Here is a look back at last year’s event featuring a performance by singer Florence and the Machine.

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