Miss USA, Olivia Culpo, was crowned Miss Universe at the annual event held at Planet Hollywood Resort & Casino in Las Vegas last night.

Gone are the days when the contestants would wear off-the-rack; they are now wearing couture.

Olivia received her crown wearing a Georges Hobeika Fall 2012 Couture gown.

Her raspberry velvet and muslin gown is beautiful, but I wish she had opted to modify the deep plunge. After all, it was Miss Universe, not Miss Golden Globes.

Credit: Style.com & Getty