Jasmine Stefanovic leads the glamorous celebrities at Melbourne Cup Carnival Launch in Sydney

Forget something? Jasmine Stefanovic risks a major wardrobe malfunction as she wears an oversized pink suit and giant bow fascinator as she leads the glamorous celebrities at Melbourne Cup Carnival Launch in Sydney

Jasmine Stefanovic kicked off the glamorous celebrity arrivals at 2020 Melbourne Cup Carnival Launch on Tuesday.

Stepping out to the event held at Sydney’s Vaucluse House, the 36-year-old risked a wardrobe malfunction in an oversized double-breasted baby pink suit.

The shoe designer added to her glamorous daytime look with a giant white bow fascinator which sat atop her shoulder-length blonde locks.

And so it begins! Jasmine Stefanovic kicked off the glamorous celebrity arrivals at 2020 Melbourne Cup Carnival Launch on Tuesday

Jasmine, who welcomed her daughter Harper May with husband Karl Stefanovic five months ago, swamped her post-baby body in the baggy two-piece.

The beauty ruched up the sleeves of her pocketed blazer which also featured chunky white buttons.

Jasmine’s open-toe white heels just out managed to peek out underneath her matching wide-leg trousers.

The socialite’s dewy coat of make-up was visible underneath her statement fascinator, and she toted her belongings in a chic white clutch.

Risky! Stepping out to the event held at Sydney's Vaucluse House, the 36-year-old risked a wardrobe malfunction in an oversized double-breasted baby pink suit

Risky! Stepping out to the event held at Sydney’s Vaucluse House, the 36-year-old risked a wardrobe malfunction in an oversized double-breasted baby pink suit

Pink-redible: The shoe designer added to her glamorous daytime look with a giant white bow fascinator which sat atop her shoulder-length blonde locks

Pink-redible: The shoe designer added to her glamorous daytime look with a giant white bow fascinator which sat atop her shoulder-length blonde locks

Oversized: Jasmine, who welcomed her daughter Harper May with husband Karl Stefanovic five months ago, swamped her post-baby body in the baggy two-piece. Pictured with Tegan Martin - L

Oversized: Jasmine, who welcomed her daughter Harper May with husband Karl Stefanovic five months ago, swamped her post-baby body in the baggy two-piece. Pictured with Tegan Martin – L

Work it: Jasmine looked in her element as she posed up a storm with blonde bombshell Tegan

Work it: Jasmine looked in her element as she posed up a storm with blonde bombshell Tegan

Oh so chic! The former Miss. Universe Australia showed off her modelesque figure in a black jumpsuit which flared at the bottom

Oh so chic! The former Miss. Universe Australia showed off her modelesque figure in a black jumpsuit which flared at the bottom

Jasmine looked in her element as she posed up a storm with Tegan Martin.

The former Miss. Universe Australia showed off her modelesque figure in a black jumpsuit which flared at the bottom.

The sensational one-piece highlighted her slender waist, and she added to the look with a black straw hat.

Megan styled her blonde locks into a ponytail, while a few loose tendrils framed her striking features.

Trendsetter: The sensational one-piece highlighted her slender waist, and she added to the look with a black straw hat

Trendsetter: The sensational one-piece highlighted her slender waist, and she added to the look with a black straw hat

Looking good: Megan styled her blonde locks into a ponytail, while a few loose tendrils framed her striking features. She toted her belongings in a fluffy handbag

Looking good: Megan styled her blonde locks into a ponytail, while a few loose tendrils framed her striking features. She toted her belongings in a fluffy handbag

Red hot: The former beauty pageant queen added a bold pop of colour with her matte red lipstick

Wow: She effortlessly worked her angles for the photographers

Red hot: The former beauty pageant queen added a bold pop of colour with her matte red lipstick