UPDATE: Michelle Obama's Victory Dress revealed...

Wow! What a night it's been! Barack Obama's made history by being elected (by a landslide, may we say...) as the first African American President of the USA. And we could not be any more excited. We've spent all morning watching his oh-so emotional victory speech - oh, and trying to figure out through bleary-eyes just who Michelle Obama's victory dress is by. We're pretty sure we've eliminated all the obvious possibilities (Thakoon, Maria Pinto...) so the jury's still out. We'll let you know as soon as we do - but in the meantime if you think you can beat us to it, email us at feedback@graziamagazine.co.uk It's a fashion race, readers!

UPDATE: Narciso Rodriguez have just confirmed Michelle Obama is wearing a dress from his S/S '09. An interesting political-fashion choice considering Rodriguez shot to fame after designing a wedding dress for Carolyn Bessette-Kennedy.