Last Night's Look: Love It or Leave It?Check out the head-turning outfits Katy Perry, Lea Michele and more stars were just spotted in! Then decide – fabulous or fashion fail!

KATIE HOLMES

She got good reviews for her role in Broadway's Dead Accounts. Will she get similar raves for this floral dress with crochet inserts, worn with Gio Diev pumps and a yellow clutch to the play's N.Y.C. premiere party?