Craig McDean/Vogue

Mary-Kate and Ashley Olsen cover Vogue magazine's Best Dressed Special Edition, and the twins were voted the most stylish sisters of the year.

Vogue also included Kate and Pippa Middleton, Beyonce and Solange Knowles and the Fanning sisters in this issue, so not only is there plenty of couture to feast your eyes on, but there's also a splash of sibling rivalry!

Editor Mark Holgate told Reuters, “They get it right a lot of the time and then sometimes they don't get it right. That's actually great ... They don't have someone telling them, 'This is cool, this is hot, this is what you should be wearing.' It comes from within them. It's instinctual.” It certainly is!

WireImage, Jamie McCarthy

Mary-Kate and Ashley Olsen hung out with sister Lizzie to celebrate her Nylon Magazine cover at a private dinner at Sons of Essex hosted by A/X Armani Exchange.

Lizzie is featured on Nylon's October "It Girl" issue. As a gift, the eldest Olsen girl was given a A|XX 20th Anniversary Limited Edition Chrono Watch. Oh, the perks of being a cover girl!

Olsen tells the mag:

"I have to attribute the way I have always looked at [work] to my father, because he was a really good influence on us.  It was always very important to him that his daughters be financially independent.  He wanted us to know that we could take care of ourselves, because he never liked the idea of us needing a man."

She adds, "Witnessing how my sisters can take care of themselves financially was a great model to have.  I consider myself lucky to have such a normal family."

Well put, Lizzie!

Tsk, tsk, Mary-Kate Olsen!

The fashion designer/actress held on tight to a cigarette as she got into the back of an SUV Tuesday night. Mary-Kate, 25, had just snuck out the back door of one of her fave hot spots -- Madeo in West Hollywood -- but she didn't go unnoticed.

Mary-Kate was just on the East Coast last week to celebrate Fashion Week in New York City. According to Us Weekly, the former Full House star did everything she could to avoid Lindsay Lohan at last Wednesday's V Magazine party at the Boom Boom Room. After Lilo was sat at Olsen's table, MK went as far as asking the hostess to sit her at another table ... but none were available!

Ouch!

Mary-Kate and Ashley Olsen, 25, are getting their charity fix -- the two fashion designers partnered their line, The Row, with TOMS shoes to do a shoe drop in Honduras.

On the drop, Mary-Kate and Ashley personally distributed free shoes to children. The twins are seen smiling in the video -- a rarity for them! Says Mary-Kate of the trip:

"This taught me about myself … how I can be more affectionate and loving."

Twins Mary-Kate and Ashley Olsen haven't been together on TV in years, but they're taking to YouTube in joint ads for their new website, StyleMint.

The 25-year-old sisters are running a competition to win T-shirts on the site, which advertises that customers can "get styled with exclusively designed T-shirts by Mary-Kate Olsen and Ashley Olsen."

Mary-Kate and Ash are taking this site seriously -- even if it is just T-shirts! "It took us a year-and-a-half to make the first T-shirt," Mary-Kate said.

Mary-Kate Olsen handled her new $4000 shoulder bag from her fashion line (with sis Ashley), The Row on Friday. Interestingly enough, the fashion maven paired the pricey bag with a classic striped French sailor shirt, jeans, Birkenstock sandals and wet hair!

The ladies' new line of purses range from about $2500 to a $39,000 ostrich leather backpack. MK may carry her red bag to the market but we doubt we'll see many NYU students in her 'hood porting a $40K backpack to class!

Mary-Kate and Ashley Olsen stepped out in flats for a shopping spree in Paris over the holiday weekend.

Leaving the Hotel Costes, which, incidentally, is where Beyonce and Jay-Z are staying, the girls were dressed in typical boho Olsen twin fashion, wearing matching Celine jackets.

But while Ashley carried a nice, shiny and new Chanel bag, MK is still rocking her beat-up vintage Birkin.

The girls recently announced a couple of new ventures. They'll be designing a new line of prescription glasses under their Elizabeth and James label and they'll also be launching a new fashion website, StyleMint, which is like a "wine of the month" club, except with tees designed by Ashley and Mary-Kate!

Mary-Kate Olsen dined at Madeo last night, and the pint-sized fashionista created quite a stir when she left the trendy WeHo eatery. MK tried to cover up her face on the way out, but she ended up causing photographers to scatter and shoot her from a dozen different angles. Since Madeo is known to be a paparazzi friendly hotspot, why on earth would she choose to dine there if she didn't want her picture taken?