She paired her baby-pink two-piece outfit with an exciting new accessory.

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Kate Hudson in pink outfit at Met Gala
Credit: Theo Wargo/Getty Images

Kate Hudson's style streak continued at the 2021 Met Gala—with one special new accessory.

Just hours after announcing her engagement to boyfriend Danny Fujikawa on Instagram, the actress, 42, walked the red carpet in a pink sequin bra top, maxi skirt and floor-length feather coat by Michael Kors. The star accessorized with Lorraine Schwartz jewels, a matching baby pink clutch plus that new ring on her finger she flashed at reporters as she headed inside.

Her "think pink" vibes even extended to her makeup.

"Kate's look was inspired by her pink dress," makeup artist Quinn Murphy tells PEOPLE of her glam. "I wanted the look to be classic 'American girl,' which Kate is and Michael does so well .... wanted to play with the pink hue, but make it deeper, so I chose cranberry."

Murphy prepped her skin with Keys Soul Care Promise Serum all over the face, neck and décolleté, followed by Keys Soul Care Radiant Eye Cream and Keys Soul Care Comforting Lip Balm. She then applied several shades of stick foundation, then lightly dusted powder foundation onto the T-zone and around the nose.

She used bronze, pinky cranberry and dark brown shadows on the eyes and W3LL PEOPLE Nudist Multi-Use Stick Blush in Nude Rose on the cheeks. The pro completed Hudson's makeup look by applying W3LL PEOPLE Nudist Lip Butter in Afterglow.

Kate Hudson wearing engagement ring
Credit: Theo Wargo/Getty Images

Before arriving at the iconic gala, Hudson shared an Instagram photo with her musician boyfriend that prominently featured a new addition to her ring finger. "Let's go!" she captioned the post.

Katie Couric, Sara and Erin Foster, Zoey Deutch and more celebs were quick to congratulate the Almost Famous star in the comment section.

Sara, 40, hinted that her famous friend has been keeping the news private for some time, writing, "Whoa. It's official. Not gonna lie, been a hard secret to keep. I may have slipped and told a few people." (The couple, who welcomed daughter Rani Rose, in October 2018, first met through the Foster sisters, who are Fujikawa's stepsisters.)

A rep for the actress did not immediately respond to PEOPLE's request for comment.

This year's Met Gala was a salute to the evolution of American fashion, and organizers said it would celebrate role of American labels in championing sustainability, diversity and inclusion.

The event will kick off a two-part exhibition. Part one, titled In America: A Lexicon of Fashion, will debut on September 18, 2021, and run through September 5, 2022, to "celebrate The Costume Institute's 75th anniversary and explore a modern vocabulary of American fashion," according to Vogue and exhibit organizers.

Part two, In America: An Anthology of Fashion, will open on May 5, 2022, and "will explore the development of American fashion by presenting narratives that relate to the complex and layered histories of those spaces." It will also close on September 5, 2022.

Timothée Chalamet, 26, Billie Eilish, 19, Naomi Osaka, 23, and Amanda Gorman, 23, are the co-chair of tonight's event. Honorary chairs will be designer Tom Ford, head of Instagram Adam Mosseri and Vogue editor-in-chief Anna Wintour.

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