October 31, 2026 — 4:39pm

The Melbourne Cup might have the race day glory, and Oaks Day may technically have the style crown thanks to hosting the Fashions on the Field final.

However, speak to most people, and they’ll tell you the same thing: Derby Day is the “real” fashion moment of the spring carnival, and you don’t get much more fashion than having a ’90s supermodel in your midst.

Here are the attendees who were a masterclass in trackside style.

Helena Christensen and Rebecca Vallance in Rebecca Vallance

The moment we’ve all been waiting for: OG supermodel Helena Christensen arrives side-by-side with Aussie fashion royalty Rebecca Vallance. Getty Images

If you can trust anyone to serve, it’s a supermodel, and they don’t come much more super than Helena Christensen.…