2014 Oscars Red Carpet

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After months of awards shows and campaigning, the day has finally arrived for the 86th Annual Academy Awards, and already we’re getting our fill of breath-taking red carpet fashion.

“I won’t talk about your fall last year, or this evening when you stepped out of the car.. But if you win tonight, I think we should bring YOU the Oscar.” – Ellen DeGeneres to Jennifer Lawrence.

The Oscars is one of the most important fashion events of the year, and anticipation for what the stars will wear has been building for months. From the style stars we’re proud to call our own (Cate Blanchett), to Hollywood’s new names in fashion (Lupita Nyong’o) we’re rounding up all the best red carpet looks.

Watch this post as we update with more images and credits throughout the night.

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Jennifer Lawrence looks red hot in a Dior Haute Couture gown with 100 carats worth of Neil Lane diamonds and a Ferragamo clutch

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Amy Adams dons a Gucci Première sculptural gown and Tiffany & Co. jewels.

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Lupita Nyong’o wears a sky blue Prada gown

(Source: Getty / Jason Merritt)

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Margot Robbie wearing a black gown from Saint Laurent

(Source: Getty / FREDERIC J. BROWN)

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Angelina Jolie shines in Elie Saab Haute Couture with sheer detailing

(Source: Getty / Jason Merritt)

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Emma Watson charms in a charcoal-colored Vera Wang gown

(Source: Getty / Steve Granitz)

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Jennifer Garner wears a silver fringe & tiered Oscar de la Renta gown

(Source: Getty / Steve Granitz)

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Lady Gaga gets pastel chic in Versace dress

(Source: Getty / Kevin Mazur)

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Julia Roberts wearing Givenchy

(Source: Getty / Jason Merritt)

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Anna Kendrick wearing a J. Mendel gown

(Source: Getty / Steve Granitz)

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Penelope Cruz wearing a Giambattista Valli gown and Chopard jewels

(Source: Getty / Steve Granitz)

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A pregnant Olivia Wilde keeps it demure in a Valentino gown and Lorraine Schwartz jewels

(Source: Getty / Jason Merritt)

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Kristen Bell dazzles in a Roberto Cavalli look, holding a Ferragamo clutch and Brian Atwood heels

(Source: Getty / ROBYN BECK)

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Giuliana Rancic wearing a gown by young Australian designer Paolo Sebastian, Sergio Rossi shoes and Forevermark diamond jewellery

(Source: Getty / Jason Merritt)

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Cate Blanchett wearing wears a nude color Armani Prive dress

(Source: Getty / Jason Merritt)

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Chrissy Teigen wearing Monique Lhuillier

(Source: Getty / Jason Merritt)

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Portia de Rossi at the 2014 Oscars wearing Naeem Khan

(Source: Getty / ROBYN BECK)

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Viola Davis wearing Escada at the 2014 Oscars

(Source: Getty / Jason Merritt)

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Cristin Milioti

(Source: Getty / Jason Merritt)

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Louise Roe wearing a Pronovias dress and Chopard jewellery

(Source: Getty / Jason Merritt)

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Ireland Baldwin

(Source: Getty / Jason Merritt)

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Kelly Osbourne wearing a Badgley Mischka dress and Solange Azagury accessories

(Source: Getty / Jason Merritt)

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Maria Menounos

(Source: Getty / Jason Merritt)

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Naomi Watts in a beaded white Calvin Klein Collection gown

(Source: Getty / Jason Merritt)

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Kerry Washington in Jason Wu gown

(Source: Getty / Steve Granitz)

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Kate Hudson stuns in a white Versace dress

(Source: Getty / Steve Granitz)

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Jessica Biel wearing a Chanel Haute Couture gown and Tiffany & Co jewels

(Source: Getty / Steve Granitz)

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Anne Hathaway wearing a custom Gucci gown

(Source: Getty / Steve Granitz)