Best Dressed: 2011 Academy Awards

Penelope Cruz and Odette Yustman wow in red while Camila Alves and Paz Vega keep it simple in black and white for Hollywood's biggest night.

1. Best Dressed: 2011 Oscars: Camila Alves

Camila Alves is gorgeous in a low-cut black full-skirted Kaufman Franco gown with Lorraine Schwartz jewels at the 83rd Annual Academy Awards on February 27 in Hollywood.


2. Best Dressed: 2011 Oscars: Penelope Cruz

A month after giving birth to her son, Penelope Cruz accompanied her nominee husband Javier Bardem in a sequined red L'Wren Scott gown with Chopard jewels.


3. Best Dressed: 2011 Oscars: Paz Vega

Paz Vega is a vision in white at the 19th Annual Elton John AIDS Foundation Academy Awards Viewing Party in West Hollywood on February 27.


4. Best Dressed: 2011 Oscars: Odette Yustman

Odette Yustman joins her husband Dave Annable at the 19th Annual Elton John AIDS Foundation Academy Awards Viewing Party in West Hollywood on February 27. She is gorgeous in a bright red cutout gown and a sleek ponytail.


5. Best Dressed: 2011 Oscars: Cameron Diaz

Cameron Diaz displays her famous legs in a silver leopard print one-shoulder Carolina Herrera mini dress with black peep toe Jimmy Choo booties at the Vanity Fair Oscar party on February 27 in West Hollywood.


6. Best Dressed: 2011 Oscars: Camila Alves

Camila Alves changes into a gorgeous black and white floral Zuhair Murad couture high-neck gown at the Vanity Fair Oscar party in West Hollywood.


7. Best Dressed: 2011 Oscars: Rosario Dawson

Rosario Dawson shows some leg in a shimmery blue Diane von Furstenberg wrap dress with grey Brian Atwood pumps at the Vanity Fair Oscar party on February 27 in West Hollywood.


8. Best Dressed: 2011 Oscars: Eva Mendes

At the Vanity Fair Oscar party in West Hollywood on February 27, Eva Mendes is pretty in her black tulle and sequin full-skirted Donna Karan dress and black Casadei satin peep toes.


9. Best Dressed: 2011 Oscars: Selena Gomez

Selena Gomez and Justin Bieber are adorably cute together at the Vanity Fair Oscar party in West Hollywood — Selena wore a red Dolce & Gabbana gown with matching red lips while Justin matched her with a black tuxedo and red handkerchief.


10. Best Dressed: 2011 Oscars: Sofia Vergara

Sofia Vergara is stunning in a black lace bustier gown at the Vanity Fair Oscar party on February 27 in West Hollywood.


11. Best Dressed: 2011 Oscars: Lourdes Leon

Lourdes Leon looks all grown up in her tribal print mini dress with black pumps at the Vanity Fair Oscar party in West Hollywood on February 27.

12. Best Dressed: 2011 Oscars: Nicole Richie

Nicole Richie (with husband Joel Madden) is on-trend with her white Halston cut-out dress with silver Louboutin pumps and a large black clutch at the 19th Annual Elton John AIDS Foundation Academy Awards Viewing Party on February 27 in West Hollywood.

13. Best Dressed: 2011 Oscars: Zoe Saldana

At the Vanity Fair Oscar party in West Hollywood on February 27, Zoe Saldana looks romantic in layers of red and pink with pink satin Ferragamo heels and Cartier jewels.

14. Best Dressed: 2011 Oscars: Related Links