The Super Bowl of fashion is here ... celebs are flocking to the Met Gala, each making a grand entrance draped in some of the world's most luxurious designers.
The annual event is going down right now in NYC at the Metropolitan Museum of Art, where Penelope Cruz, Dua Lipa, Roger Federer and Michaela Coel are serving as co-chairs alongside Anna Wintour.
This year's Met Gala theme honors Karl Lagerfeld, the late iconic fashion designer ... and celebs are wearing pieces from the fashion houses where Karl worked .