Michelle Obama Portrait
Credit: Chuck Kennedy

The White House released First Lady Michelle Obama's second official portrait this week—updated for the POTUS's second term to include her new fringe—and for the new snap, she opted to wear an asymmetrical, navy silk and wool crepe dress by designer Reed Krakoff. (In 2009, she wore Michael Kors.) And the New York designer, the same person behind Coach's awesome accessories, is thrilled with the presidential nod. "Michelle Obama is one of the great style icons of our time," Krakoff told "She embodies the strength and empowerment at the core of the Reed Krakoff woman, so it is an honor that she chose to wear one of our designs." Tell us: Do you like her look?

Plus, see Mrs. Obama's best looks ever!