Fashion's Biggest Night: The Oscars 2012

 Hollywood's most important night of 2012. when it comes to movie and fashion industry is certainly The Oscars. On this evening we find out who are the best actors and actresses, who is the new style icon, who is n0.1 designer of the 2012, which couture designs are the most desirable at the moment and so on. This year there are some newly discovered stars such as Rooney Mara, and some fash surprises: Maria Menounos, who looks better than ever in a mint green grecian gown, Stacy Keibler in a gold Marchesa gown, Milla Jovovich in Elie Saab gown completed by a slick Edie Parker clutch and lots of diamonds.

Milla Jovovich in Elie Saab

Although medias are joking that the most famous womanizer George Clooney brought his own Oscar statue,  there's no joke when we say that this golden girl is one of the hottest girls at The Oscars.

George Clooney in Armani and Stacy Keibler in Marchesa

"My week with Marilyn" star and Oscar nominee Michelle Williams wore a red Louis Vuitton gown, and we now understand why she got that flattering role: Michelle is almost as pretty and sexy as Marilyn herself! 

E! television reporter Giuliana Rancic looked fashionable as always: she wore a bejeweled nude gown by Tony Ward and a perfect bun. 

Penelope Cruz wore a stunning Giorgio Armani gown with a fitted bodice, while Cameron Diaz looked fabulous in a nude Gucci gown matched with Tiffany & co. jewelry worth almost 1 million dollars! Angelina Jolie was in a black Atelier dress and no jewelry. Too simple for this gala event.

Penelope Cruz

Cameron Diaz

Brangelina

Berenice Bejo in Elie Saab

Louise Roe in the structured Black Halo design

The Girl With the Dragon Tattoo star Rooney Mara was too much dramatic in an art-deco gown by Givenchy, very pale, with some serious bangs and bloody red lipstick

Rooney Mara in Givenchy

Our favorites were Maria Menounos, J.Lo, Rachel Smith, Penelope Cruz and Emma Stone who was all glammed up in a red Giambattista Valli. This girl is officially our new style icon!

Emma Stone

 Miss Lopez is no longer Jenny From The Block, and this Zuhair Murad backless gown proves it! She had Lorraine Schwartz jewelry, an elegant bun, smokey eye makeup, neutral nude lips and accentuated cheek bones. This woman can never go wrong!

 Meryl Streep was ladylike in a gold Lanvin gown matched with a mini clutch, while Gwyneth Paltrow rocked a white Tom Ford dress.

Natalie Portman in Dior

Sandra Bullock in Marchesa

Maria Menounos in Maria Lucia Hohan

Kelly Osbourne

Rachel Smith

Anna Farris looks much older in this black Diane von Furstenberg all-covered gown, doesn't she? The long bob doesn't suit her quite the best.

Sarah Hyland in Alberta Ferretti

Melanie Griffith & Antonio Banderas

Kelly Ripa in Carolina Herrera

Rose Byrne wore a black sequined gown by Vivienne Westwood . Jessica Chastain looked gorgeous in Alexander McQueen matched with Harry Winston jewelry. She brought her grandma as a date, which gives her some extra points! 

Jessica Chastain

Rose Byrne

Penelope Ann Miller in Badgley Mischka

Prince Albert & Princess Charlene of Monaco

Kristen Wiig in J.Mendel

Kate Mara in Jack Guisso

Tina Fey in Carolina Herrera

Busy Phillips in Dolce & Gabbana

The worst dressed? Definitely Viola Davis, Sandra Bullock and Anna Faris with wrong hairstyle and dress.
Busy Phillips and young Sarah Hyland left us indifferent.

Viola Davis in Vera Wang

Bingbing Li in Georges Chakra Couture

Ellie Kemper in Armani Prive

Missi Pyle in Valentina Delfino

Nancy O'Dell in Chagoury Couture

Shailene Woodley in Valentino Couture

Dominating trends? All shades of nude, backless dresses and sequins, even though sequin embellished outfits don't look good on everyone.

Post your own thoughts: who was the best and who was the worst dressed this year?