The stars came out on Tuesday for the Hollywood Foreign Press Association's 2013 Installation Luncheon in Beverly Hills. Nicole made quite an impression at the annual event courtesy of this form-fitting teal dress with cut-out accents by Narciso Rodriguez. A pair of metallic and snakeskin Nicholas Kirkwood ankle strap sandals completed her luncheon look. We really like how the color of the dress popped against Nicole's strawberry blond hair and love that she didn't cover up those cut-outs with a statement necklace. Do you admire this sophisticated ensemble as much as we do?