Spotted: Olivia Palermo at Anna Sui's Hanky Panky party.

Celebrating the 25th anniversary of the first Hanky Panky thong, designer Anna Sui created a pretty collection for the lingerie label and the gorgeous Olivia Palermo was on-hand at the launch party in New York.

In a leather mini and Breton striped jumper, Olivia added a hot burgundy bag and taupe courts to finish as she scoured through the pretty pieces.

VIA : Instyle