Blake Lively is no fashion freshman! She's a seasoned stylista who's graced the cover of Vogue, among other magazines and is a favourite of designers and key industry players like Anna Wintour. 

Which is why this particular outfit, from an appearance at the opening of Versace for H&M;, surprised me: 


How do I put this delicately? Her bosoms are out and about in this mini dress! It's tight, short and doesn't leave very much to the imagination! 

Normally, balancing out the low cut neckline and short hemline with a jacket and black tights, like Blake did her, is a great move but the entire dress is too tight for this to work. 

Here's why I like the dress though: I love the tuxedo inspired elements- so chic and daring! Blake does have a great bod too- so part of me wonder if she should be covering it up- after all, she's young and cute, why not? 

What do you think? Is this a Yay or Nay? Leave us a comment by November 20th for a chance to win a prize!  

(images via mirror.co.uk, gossipgirlfan.org, celebuzz.com)