The CFDA held its annual awards ceremony in New York last night, honoring a rising generation of fashion power players, as well as First Lady Michelle Obama (who accepted the commendation of Board of Directors’ Special Tribute via satellite). CFDA President Diane Von Furstenberg held court, while Tracey Ullman hosted. The latter opened the ceremony with a Keifer Sutherland head-butting joke, which garnered only "weak laughter," says Fashionologie. It probably didn't help matters that Jack McCollough, half of the design team behind Proenza Schouler (who won the title of Accessories Designer of the Year) and the recipient of said head-butt post-Costume Gala, was in attendance.

There's a new concept store in town: Kisan, an import by way of Reykjavik, Iceland. The Greene Street boutique packs an especially charming mix of eclectic odds and ends. There's the cute -- designer children's clothes and an especially attractive (for people of any age) series of Donald Duck and Mickey Mouse canvas totes. There's the quirky -- tomes like a Japanese handbook to "Paris Kitchens." And, of course, the high fashion, which includes garb from Sonia Rykial as well as wares (pictured) from CFDA-approved, NYC-based designer and general jewelry wiz kid Justin Giunta. He was on hand last night, helping ring in the store's debut with a presentation of the Spring 09 collection for his much-touted accessories line, Subversive Jewelry.