“I won! I won!” Ines de la Fressange shouted when her horse nosed out the competition at Longchamp racetrack outside Paris. “We’re rich!”
So were most of the other fashionable handicappers swanning by the betting window at the Arc de Triomphe race, France’s answer to Royal Ascot. The pick of the spectators could be found at Betty and Jean-Luc Lagardere’s annual lunch, packed with 150 friends including Isabella Rossellini, Isabel Goldsmith and Laura and Emanuel Ungaro — who also designed Betty’s long gray outfit.
Hats were the order of the day for the ladies, of course. Princess Michael of Kent hid beneath a bushel-sized crown by Philip Treacy, finally doffing it to nibble on her lunch. De la Fressange also opted for the London milliner’s work — hers topped with waving ostrich plumes — while Ira von Furstenberg maintained her allegiance to the house of Chanel.
Karim Aga Khan and his wife, Inaara, were the guests of honor — and they proved to be the worthiest possible honorees when their horse Sinndar won the most coveted race of the day and took home an $800,000 purse.
Perhaps the most unexpected appearance of the day was that of Azzedine Alaia. The jockey-sized couturier was led through the crowd by Naomi Campbell, who tugged on his hand and cooed, “viens, papa, viens.”

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