The 2012 Met Gala, i.e. the night of 1000 dresses, takes place later this evening.

This year the work of Elsa Schiaparelli and Miuccia Prada will be celebrated. So far the only people confirmed to be attending as a guest of Prada are Carey Mulligan and Gwyneth Paltrow.

If her Venice Film Festival Prada gown is anything to go by, we should be in for a treat.

For the first time ever, the Met Museum and Vogue will be hosting a red carpet live from 6:30-8:30 pm (EDT) on Vogue.com, MetMuseum.org, and Amazon.com.

This year I will be guest blogging for Net-A-Porter.com, which is very exciting for me as they have never had a guest blogger take over their Twitter handle.

Here is a list of the already-confirmed designers and their guests.

UPDATE: Carolina Herrera will dress Dianna Agron and Julianne Hough.

Chanel will dress Astrid Bergès-Frisbey, Poppy Delevingne, Sigrid Agren and Stella Tennant.

Marc Jacobs is taking Rachel Feinstein, Alexa Chung, Lake Bell and Karen Elson.

Gilles Mendel is taking Claire Danes

Monique Lhuillier is taking Ginnifer Goodwin.

Marchesa is taking Leighton Meester

Dior is taking Jessica Stam

Mary Katrantzou is taking Elizabeth Banks (YESSSS)

Tory Burch is taking Rashida Jones, Brooklyn Decker and Liya Kebede.

Louis Vuitton: to be worn by Dakota Fanning

Giambattista Valli will be taking Amy Adams in a Couture gown

Emilio Pucci: Peter Dundas will be taking Renée Zellweger

Dolce & Gabbana will be taking Scarlett Johansson, Bianca Brandolini D’Adda, Andrea Dellal, Giovanna Battaglia and Marpessa Hennink.

Valentino: Maria Grazia Chiuri and Pier Paolo Piccioli will be taking Sarah Jessica Parker, Brit Marling, Lily Collins and Princess Elisabeth von Thurn und Taxis.

Balmain: Olivier Rousteing will be taking model Joan Smalls.

Proenza Schouler: Jack McCollough and Lazaro Hernandez will taking Isabel Lucas.

Donna Karan: She has custom-made gowns for Ashley Greene and Nina Dobrev.

Balenciaga: Nicolas Ghesquière will be taking Kristen Stewart.

Anthony Vaccarello: He will be taking model Anja Rubik.

Michael Kors: He will be taking models Kate Upton and Liu Wen and actresses Jessica Alba and Hilary Swank.

Escada: Emma Roberts & Heidi Klum will wear a custom gown.

Thakoon Panichgul: He is taking actress Christina Ricci.

Roland Mouret: He will be taking model Doutzens Kroes.

Rachel Zoe: She will be taking model Karolina Kurkova.

Joseph Altuzarra: He will be taking singer Lana Del Ray.

Alexander Wang: He will be taking rapper Azealia Banks.

Jason Wu: He will be taking model Karlie Kloss.

Erdem Moralioglu: He will be taking model Arizona Muse.

Haider Ackermann: He will be taking model Constance Jablonski.

Coco Rocha has confirmed that she will be wearing vintage Givenchy and not Zac Posen #ShedsTear.

Alexander McQueen: Sarah Burton is in town, but no confirmation yet on who she will be dressing.

More updates as they come in.

Want a trip down memory lane? Take a look back at last years event.

Credit: Getty