Vanity Fair Oscar Party 2012 Pictures

Stars Step Out in Style at Vanity Fair Oscars Party

Stars Step Out in Style at Vanity Fair Oscars Party

After last night's Oscars Awards, celebrities flocked to the annual Vanity Fair Oscars soiree in full party mode — and the festive attire to match their mood. Diane Kruger stunned in a jaw-dropping red lace gown by Calvin Klein, Kate Bosworth showed off her cool girl status in a sheer Prabal Gurung frock, while Kate Hudson wowed in vintage Versace. Meanwhile, we witnessed quick wardrobe changes from the likes of Jennifer Lopez, Emma Stone, and Shailene Woodley. There's a lot more where that came from; check out the slideshow to see more celebs working it on the biggest red carpet night of the year. Then, be sure to vote for the best-dressed of the night by playing our incredibly fun, surprisingly challenging Oscar Best Dressed bracket.

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