Ever since the Academy Awards became the most important fashion show in the world — ever since Uma floated up the red carpet in that lavender Prada gown that set the fashion world on its ear — Hollywood has insisted that some day soon, Oscar fashion frenzy will die down. It’s got to, they say.
Well, that day isn’t here yet.
This week, Carolina Herrera, Diane Von Furstenberg, Mark Badgley and James Mischka, Randolph Duke, Pamela Dennis and even Emily Woods of J. Crew are touching down in Los Angeles to wrangle stars, and Donatella Versace’s not far behind. Saturday night, she’s hosting a bash at Chateau Marmont.
Right now — and this could all change by showtime — the trends likely to appear on the red carpet include vintage looks, dresses by British designers and a smattering of evening trousers.
Best actress nominee Janet McTeer was the first to line up a British designer — Vivienne Westwood, who’s making evening pants in lieu of a gown because McTeer recently broke her foot. Supporting actress nominee Samantha Morton is going with Paul Smith. Supporting actor nominee Jude Law plans to wear a Savile Row tux, and his wife, Sadie Frost, is sticking with a hometown outfit as well.
Best actress nominee Hilary Swank received dresses from both Alexander McQueen and John Galliano, but sources say she’s leaning toward the Galliano. There have been rumors of Gwyneth Paltrow in Christian Dior — but now the word is that she’s likely to go with Calvin Klein. Ralph Lauren’s bagged Penelope Cruz — no surprise there, given his reported courtship of the star for an advertising campaign.
Vera Wang has made dresses for both Charlize Theron and Jane Fonda. Cate Blanchett is said to be deciding between Sixties Krizia and Valentino — but she’s also been entertaining evening pants. Supporting actress nominee Toni Collette is leaning toward Krizia, too, and Mena Suvari has chosen Escada.
Donatella always has her team, and this year, it should include supporting actress nominee Angelina Jolie and Lucy Liu. Salma Hayek can’t decide between a Valentino princess gown and something less demure.
Cameron Diaz is reportedly only considering European designers. Catherine Keener will be in Gaultier, and Chloe Sevigny’s been to every vintage shop in L.A., but will probably wear one of the Balenciagas Nicolas Ghesquiere spun for her.
Best actress nominee Julianne Moore has had everyone busy, with gowns on the way from Karl Lagerfeld, Valentino, Tom Ford, Miuccia Prada and Jean Paul Gaultier.
And as for the Seventies glamour factor, we hear Diana Ross and Cher are showing up.

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