Whilst the average outlay for a first-timer is $266,000, and an A-lister up to $10 million, we will show you how to channel the latest looks and trends from the red carpet without breaking the bank.
Cobalt
Brie Larson dazzled on the Oscars red carpet in a stunning, custom-made cobalt Gucci gown. The floor-grazing frock featured a dramatic jewelled waist embellishment which compliments the full ruffle skirt perfectly. Gucci’s head designer, Christina Ehrlich, noted that the initial inspiration was the colour, cobalt, which is set to be a dominant trend this season.

Channel the cobalt trend by opting for the striking block colour at your next cocktail event. Best teamed with simple gold accessories, this Nicholas cobalt midi dress features this trend in a wearable and chic way. The one shoulder detail and panel split show a modern and slick interpretation whilst still being elegant and super stylish.
Pleats
Olivia Wilde opted for a deeply plunging Valentino haute couture dress with delicately folding pleats as she walked the red carpet. Whilst a daring decollatage is nothing new at an awards night, the pleats were a beautiful detail which gave an ultra-feminine effect.
The Ruby Lane Dress by Camilla and Marc is a similar ethereal floor-grazing gown embracing pleats and daring neckline.
Strapless Ball Gown
Oscar winner Alicia Vikander opted for a fresh silhoeuette amongst the masses of floor-length gowns wearing a strapless ball gown which cinched in at the waist and featured a unique ball skirt. This custom dusty-yellow Louis Vuitton dress was anything but mellow – Alicia looked like a princess.

This Nicholas ball gown encapsulates the trend of the fresh silhouette whilst also being wearable and features a modern twist with the mesh fabric. Sorbet hues keep this look youthful and soft.
Open Back
The teal gown that Rachel McAdams wore to the Oscars is so new it hadn’t even debuted yet. Her halter-neck, open-back August Getty Atelier design was due to be shown on the runway at Paris Fashion Week as part of the label’s Fall 2016 collection.

The below open-back Nicholas gown demonstrates how this trend can be incorporated into your next formal or black tie look. This navy gown also features a striking slit as seen on Rachel’s dress, keeping the look anything but boring whilst still keeping appropriate for the dress code. Dark tones such as teal and navy make this look perfect for any nighttime event.
The Carousel thanks Your Closet for this article. You can hire all these dresses on its website.