The newest Olsen on the fashion circuit attended The Hollywood Foreign Press Association Annual Luncheon in this vibrant, beautiful ensemble that is equal parts youthful and glamorous. To get the look, just pair a brightly colored mini skirt (Elizabeth went with orange, but a magenta or a rich yellow would work as well) with a long, sheer white button-down shirt, and accessorize with simple black sandals and a few rows of funky, colorful necklaces and voila: you are the hippest art teacher that has ever made macaroni art with pre-schoolers.