Met Gala 2015
Met Gala 2015: RihannaReuters

Mark your calendar! The Met Gala 2017 is just a day away. One of Hollywood's biggest fashion nights will take place at New York City's Metropolitan Museum of Art on May 1, 2017.

Also read: Met Gala 2017: 5 things you need to know from this year's fashion Oscar

Every year the celebration takes place on the first Monday of May. From the year of 1946, the annual event of the Met's Costume Institute's fundraising began. The event was initially named the Party of the Year. It used to be held off-site of the Waldorf Astoria or the Rainbow Room.

Formally known as the Costume Institute Gala, the event is co-chaired by Vogue US Editor-in-chief Anna Wintour. She was even featured in the 2016 documentary The First Monday in May which portrays her preparing for the big bash. This year Wintour will be joined by the likes of singer Katy Perry, Pharrell Williams and the celeb couple Gisele Bundchen and Tom Brady.

Kate Hudson and Lady Gaga at 2016 Met Gala
Kate Hudson and Lady Gaga at 2016 Met GalaREUTERS

There is a special theme of the event every year. This year theme is Rei Kawakubo/Comme des Garçons in honour of the legendary Japanese fashion designer Rei Kwakubo. Last year the theme was "Manus x Machina: Fashion In An Age Of Technology."

Where to watch it live:

US viewers can watch the live broadcast Monday (May 1) on E! at 7.30 pm ET starting from the Red Carpet show.

Vogue's Facebook Live of the Met Gala Red Carpet, celebrated by Moët & Chandon, will take place on Monday (May 1), that will be shot in 360 degrees for a whole new viewing experience. The Facebook live will start at 7 pm ET (12 am GMT on Tuesday / 5 am IST on Tuesday).

Beyonce at 2016 Met Gala
Beyonce at 2016 Met GalaREUTERS

Celebrities like Rihanna, Kim Kardashian, Lady Gaga, Kendall Jenner, Jennifer Lopez are expected to turn head at the annual bash. We can also get the glimpse of heavily pregnant Beyonce flaunting her baby bump on the red carpet.