Nicole Richie and Rachel Zoe Hug It Out

At party hosted by the star stylist, former client Richie makes nice with the famous fashionista!

The ice has thawed between Nicole Richie and Rachel Zoe.

The two tiny fashionistas used to work together and were BFFs...until Nicole dissed Rachel on her MySpace page.

But apparently, that's all in the past.

Get the scoop and video from the event after the jump.