08/04/2011 05:36 pm ET | Updated Oct 04, 2011

Elizabeth Olsen Does Luncheon Chic (PHOTOS, POLL)

Move over, Mary-Kate and Ashley.

Little sister Elizabeth Olsen stepped out to the Hollywood Foreign Press Association's 2011 Installation Luncheon in Beverly Hills on Thursday looking perfectly put-together in a sheer, white button-down, orange miniskirt, high-heeled sandals and a chunky necklace we'd normally list under "Miss," but somehow tops off her outfit quite nicely.

This isn't the 22-year-old's first stellar turn on the red carpet. She made a pair of appearances at Cannes wearing ensembles designed by her older siblings.

Take a look and tell us what you think.