Honouring the most spectacular performances on the silver screen since 1929, the Oscars are one of the most star-studded and prestigious events on the Hollywood calendar.

The world's most glamorous stars lit up the the Dolby Theatre in the Hollywood & Highland Center on Sunday, March 12, 2023 for the 95th Academy Awards, turning heads with some of the best red carpet looks of the year.

But as dazzling as the ceremony was, the Vanity Fair Oscar Party is where the stars truly let their fashion flags fly. Held once again at the Wallis Annenberg Center for the Performing Arts in Beverly Hills, and hosted by Vanity Fair editor-in-chief Radhika Jones, it is the hottest after party in the celebrity calendar.

Amelia Dimoldenberg stepped in as presenter of the Vanity Fair Oscar Party Live show, chatting to winners, nominees and giddy guests at the star-studded bash.

Proving it's the place to be on Oscar's night, the glamorous blue carpet at the event had already started to fill up with A-list guests before the main event was even halfway through.

Jennifer Coolidge in Dolce & Gabbana. Photo: Getty

The White Lotus star Jennifer Coolidge brought old school glamour to the blue carpet, oozing sultry elegance in a black ruched Dolce & Gabbana gown, featuring a fitted bodice, long glove-like sleeves and a sweetheart neckline. She paired this with a 60's style bouffant hairstyle and smokey eyeshadow.

Monochrome looks were the choice of the night for many, as Olivia Wilde also oozed sultriness in a daring gown by Gabriela Hearst, featuring a draped one-shoulder white gown paired with a black bra top. Naomi Watts went for angelic white, wearing a structured Givenchy gown that featured a halterneck neckline and a feathered hem.

Olivia Wilde in Gabriela Hearst. Photo: Getty

While many guests stuck to classic black and white, Chrissy Teigen opted for vibrant colour. The presenter looked sensational in a lime green gown by Zuhair Murad, covered in sparkling embellishments and trimmed with feathers.

Danielle Deadwyler also let her personality shine in Versace wearing a flirty brown and black mini dress, paired with a pair of turquoise elbow-length gloves.

Donald Glover in Alexander McQueen. Photo: Getty

It wasn't just the ladies showing up and showing out either, as Donald Glover pulled out one of his most striking looks yet. The Atlanta star wore a dazzling gray jumpsuit by Alexander McQueen, featuring cutouts on the side and back and wide-legged trousers.

Jessie Buckley. Photo: Getty

Some Irish faces walked the blue carpet too, with Kerry Condon looking elegant in a one-shouldered cream column dress accented with beaded embellishments, while Jessie Buckley went bold once again with a dramatic black and green gown.

Eve Hewson also attended the event, oozing pure 80's glamour in an off-the-shoulder silver dress, with her hair piled up into an up-do and a vampy dark lip.

Eve Hewson. Photo: Getty

Click through the gallery above to see all the fabulous looks from the Vanity Fair Oscar Party.