Fug or Fab: Agyness Deyn

Hot on the heels of a high seeding in the 2009 Fug Madness contest for everything she wore in the past 12 months, Agyness Deyn showed up at a Valentino event with a sleeker style than usual:

The hair is a huge improvement. And I love giant shiny clutch purses. But the dress itself... I can't decide if it's throwback glam, or some old stodgy thing that a depressed and jealous politician, or politician's wife, would wear to the Inaugural Ball. In 1989. And I may never understand the appeal of chain necklaces that long -- all I envision when I see them is a very long night of walking around the party and getting my business flogged by a very expensive whip.