This is an elaborate extravaganza, with the invited guests walking up the red carpet in the creations of the most prominent fashion designers of the day.
ðɪs ɪz ɐn ᵻlˈæbɚɹət ɛkstɹˌævəɡˈænzə, wɪððɪ ɪnvˈaɪɾᵻd ɡˈɛsts wˈɔːkɪŋ ˌʌp ðə ɹˈɛd kˈɑːɹpɪt ɪnðə kɹiːˈeɪʃənz ʌvðə mˈoʊst pɹˈɑːmɪnənt fˈæʃən dɪzˈaɪnɚz ʌvðə dˈeɪ.