The Academy Awards Night is the time when celebrities make fashion statements or end up as fashion disasters. Big fashion houses woo celebrities to no end as these events are great platforms for advertising their brand.

“It has been said that coverage at the Academy Awards is equivalent to a $25 million advertising campaign” for a designer, said Bronwyn Cosgrave, author of “Made for Each Other: Fashion and the Academy Awards.”

Since I am an ardent fan of celebrity fashion, I try to keep a tab on who wore what. Here are some of the evening dresses that I would kill to get my hands on.

For the 76^th Annual Academy Awards, Sofia Coppola was seen in a simple gown in purple silk from American designer Marc Jacobs. The crisscross neckline and wrapped waist was form-flattering.

Elegance personified!!

Penélope Cruz sported a silk taffeta gown with bow back and train from Oscar de la Renta at the 77th Annual Academy Awards. She accessorized the outfit with Chopard’s yellow diamonds and Daniel Swarovski clutch.

Yellow but mellow!!

Demure and feminine, Cameron Diaz walked the red carpet at the 75th Annual Academy Awards in a black dress from the Italian house of Prada. The dress was done in chiffon and gauze. With the bright red lipstick, she could not help but look alluring.

Angel in black!!

At the 76th Annual Academy Awards, Jennifer Garner wore a one- shoulder gown from Valentino with matching shoes from Sergio Rossi. This tangerine colored gown was accessorized with a Fendi bag, Fred Leighton bracelets and Bulgari ring.

Colorful Pick!!

Anything and everything goes for her statuesque physique. In a white silk satin gown by Marc Bouwer, Angelina Jolie looked ravishing at the 76th Annual Academy Awards. The halter style gown draped lovingly over her form, while Stern’s “Athena” necklace added the extra spark.

Jolly good number!!

Nicole Kidman’s willowy hauteur was shown to advantage in the Balenciaga column gown designed by Nicolas Ghesquiere, which she wore to the 78th Annual Academy Awards. The strapless hand-embroidered gown was complimented by jewels from Fred Leighton and clutch from Bottage Veneta.

Standing pretty (&) tall!!

At the 78th Annual Academy Awards, Keira Knightly was the fashion critics’ favorite for best dressed celebrity. She wore one-shouldered gown by Vera Wang , which was created from aubergine taffeta. Vintage Bulgari jewelry and Roger Vivier clutch added to the allure.

Truly Regal!!

74th Annual Academy Awards saw Jennifer Lopez in Versace moiré silk gown. The pink number came with detailed stitching and insets at the bodice. With South Sea pearls earrings and necklace from Harry Winston, and stylish hairdo by Oribe, there was no detail that the pretty lady overlooked.

Lo-behold the pretty one!!

Anne Hathaway’s one-shoulder Marchesa gown was a definite success. With draped fabric and garland detail, the crimson gown was a classic example of the goddess style. She wore Harry Winston diamond earrings, but otherwise kept accessories to a minimal.

Goddess on earth!!

At the 77th Annual Academy Awards, talented actress Kate Winslet wore a jeweled-bodice gown by Badgley Mischka. The gown in vibrant blue color contrasted well with her porcelain skin tone. She also sported custom-created jewels from Neil Lane and jeweled clutch from Lana Marks.

Blue wins!!

These were my top picks….how did you like them???????

The 66th Golden Globe Awards were held on January 11, 2009 at the Beverly Hilton Hotel in Beverly Hills, California. As usual, Hollywood’s finest leading ladies stepped out in style. Strapless gowns, fishtail hemlines, and breathtaking necklaces were the hot picks of the day!

Kate Winslet looked classic and elegant in a black Yves Saint Laurent creation. Anne Hathaway was dressed in a crystal-embellished midnight blue gown by Armani Privé. Eva Longoria Parker looked blazing hot in a mermaid cut Reem Acra gown in fire engine red. Others sporting Reem Acra included Rumer Willis in a deep purple strapless gown and Olivia Wilde in a ruffled concoction.

Angelina Jolie was dressed in Atelier Versace number, while Demi Moore played it safe in a peach chiffon Dior dress. Jennifer Lopez, on the other hand, dared to bare quite a bit more. The plunging neckline of her gold Marchesa creation had heads turning. Singer/actress Beyonce also showed offer her curves in a fitted sequined Elie Saab number and Christina Applegate walked down the red carpet looking lovely in a powder yellow strapless gown by Roberto Cavalli.

Miley Cyrus wore an age-appropriate white Marchesa gown and Drew Barrymore, a presenter at the event, wore a mesh, gray-blue John Galliano for Dior gown. Unlike some of her other disastrous outfits that she has worn over the years, this one really worked for her. Eva Mendes made a unique statement with her Dior white silk gown, but it was Mary Louise Parker’s electric blue, strapless Carlos Miele gown that brought some well needed color to the red carpet. Laura Linney wore an Ellie Saab lemon gown with an embellished waistline. As always, she looked stunning and sophisticated. In fact, she is my pick for Best Dressed.

Do you agree? I would love to know your thoughts. As to what your favorite actors wore, I’ll cover that in detail next week!