Live From Hollywood: The Best ‘Vanity Fair’ Oscar Party Fashion Updates

Hollywood’s biggest night continues with an even bigger red carpet.

Fashion updates from the 98th Annual Academy Awards only start on the official Oscars red carpet. Every insider knows the night really gets going, sartorially-speaking, at the 2026 Vanity Fair Oscar party. The guest list opens up from the night’s official nominees to all of Hollywood’s elite—and the dress code loosens up from Old Hollywood gowns to daring two-piece sets and naked dresses as far as the eye can see.

From what Marie Claire editors have heard, Oscar Party regulars like Kendall Jenner, Bella Hadid, and Hailey Bieber are slated to link up with Emma Stone, Teyana Taylor, and every other A-lister at the Los Angeles County Museum of Art (LACMA). If history repeats, they’ll party until the early hours of the morning—some with freshly-engraved Oscars trophies in hand. There’s no word yet on what they’ll wear, but we’re anticipating a mix of pulls fresh from the Fall 2026 Fashion Month runways; rare designer vintage; and custom looks by the likes of Louis Vuitton, Dior, and Chanel.

Now that we’ve wrapped our official 2026 Oscars best-dressed list, we’re settling in for another red carpet marathon. Join me, senior news editor Halie LeSavage, and fashion staff writer Meguire Hennes, as we analyze our favorite Vanity Fair Oscar Party looks in real-time.

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Olivia Rodrigo at the 'Vanity Fair' Oscar Party? Good Idea, Right?

Olivia Rodrigo on the 2026 Vanity Fair Oscar Party red carpet

Olivia Rodrigo arrives at the 2026 Vanity Fair Oscar Party.

(Image credit: Getty Images)

"I can't confirm or deny whether a new Olivia Rodrigo era is uploading. But I do know the star is a standout for the night in custom Saint Laurent." —Halie LeSavage

Cute 'Vanity Fair' Oscar Party Couple Alerts!

Sarah Paulson and Holland Taylor at the 2026 Vanity Fair Oscar Party

Sarah Paulson and Holland Taylor at the 2026 Vanity Fair Oscar Party.

(Image credit: Getty Images)

"This isn't a night just for solo arrivals. Several cute couples are bringing a plus-one, and all the feels, to the 2026 Vanity Fair Oscar Party." —Halie LeSavage

a couple at the 2026 vanity fair oscars

 LaKeith Stanfield and Kasmere Trice Stanfield.

(Image credit: Getty Images)

rhea seehorn on the oscars red carpet

Rhea Seehorn and Graham Larson.

(Image credit: Getty Images)

Gabby Windey and her wife

Robby Hoffman and Gabby Windey

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Myha'la Goes Completely Sheer at the 2026 'Vanity Fair' Oscar Party

Myha'la wearing a sheer dress on the 2026 Vanity Fair Oscar party

Myha'la arrives at the 2026 Vanity Fair Oscar Party.

(Image credit: Getty Images)

"She's sampled runway Miu Miu and Chanel. Now, Industry star Myha'la is taking our breath away in a completely sheer, lavender dress dotted with strategically-placed flowers. Like I said—it's going to be a big night for naked dresses." —Halie LeSavage

Sarah Pidgeon Makes Her 2026 'Vanity Fair' Oscar Party Debut

Sarah Pidgeon arrives at the 2026 vanity fair oscar party

Sarah Pidgeon arrives at the 2026 Vanity Fair Oscar Party.

(Image credit: Getty Images)

"Say hello to Love Story and Marie Claire cover story star Sarah Pidgeon. She's making her first Oscar Party appearance in a shimmering silver gown, right at the intersection of opulent, 2026 style and the minimalism her character, Carolyn Bessette-Kennedy, was known for. The designer behind her look? None other than Calvin Klein, the same house that brought CBK into the spotlight." —Halie LeSavage

Let's See Some 'Vanity Fair' Oscar Party Sequins!

Jessia Williams on the 2026 Vanity Fair Oscar Party red carpet

Jessica Williams arrives at the 2026 Vanity Fair Oscar Party.

(Image credit: Getty Images)

"It's still early in the night, but guests are wasting no time sinking into sequins. Liquid-looking shimmer coated dresses on Jane Fonda, Jessica Williams, Nikki Glaser, and Taylor Tomlinson—with more to come." —Halie LeSavage

Jane Fonda on the vanity fair oscar party red carpet

Jane Fonda arrives on the 2026 Vanity Fair Oscar Party red carpet.

(Image credit: Getty Images)

Taylor Tomlinson wearing a sequin dress on the vanity fair red carpet

Taylor Tomlinson arrives on the 2026 Vanity Fair Oscar Party red carpet.

(Image credit: Getty Images)

Alison Brie Introduces the Half-Naked Dress at the 2026 'Vanity Fair' Oscar Party

Alison Brie arrives at the 2026 Vanity Fair Oscars Party

Alison Brie arrives on the Vanity Fair Oscar Party red carpet.

(Image credit: Getty Images)

"You've heard of the naked dress—but have you seen a half naked dress? Marie Claire cover star Alison Brie tested the waters with a strapless Yara Shoemaker Couture gown that was opaque at the top (and cape), then completely sheer through the skirt. It's the best of both worlds." —Halie LeSavage

Cara Delevigne Tests the Met Gala Theme on the 2026 'Vanity Fair' Oscar Party Red Carpet

Cara Delevigne wearing a Thom Browne dress at the 2026 Vanity Fair Oscar Party

Cara Delevigne arrives at the 2026 Vanity Fair Oscar Party.

(Image credit: Getty Images)

"Our first non-naked naked dress of the night! Cara Delevigne has redefined 'bodycon' in a gown with trompe-l'œil detailing resembling a bare torso—but covered in crystal embellishments. This also feels like a sly nod at the 2026 Met Gala, where an upcoming exhibition on 'Costume Art' seeks to highlight representations of the body in the visual arts." —Halie LeSavage

Hannah Einbinder Trades the Oscars Red Carpet for the 2026 'Vanity Fair' Oscar Party

"I missed my Hacks homegirl on the 2026 Oscars red carpet. She made up for lost step-and-repeats at the Vanity Fair soirée, dressed in a strapless, black column dress. She livened up the timeless silhouette with a tangerine shawl draped effortlessly below her shoulders. Zoom in to see the monochrome floral lace atop the entirety of the cloak. Between its satin sheen and floral embroidery, I wouldn't be surprised if her set boasted Dior tags. Jessie Buckley wore an almost identical motif on her baby blue 2026 Golden Globes gown. Stay tuned for her designer reveal."—Meguire Hennes

Hannah Einbinder at the 2026 Vanity Fair Oscar Party

Hannah Einbinder attended her fifth Vanity Fair Oscar party in a row in black-and-tangerine.

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The 2026 'Vanity Fair' Oscar Party Is Off to the Races!

"Amelia Dimoldenberg set a high standard for Oscars hosts in Ralph Lauren Fall 2007. Vanity Fair hosts Quenlin Blackwell and Brittany Broski picked up where Dimoldenberg left off, with Blackwell in a floral Chanel Spring 2026 gown and Broski in a leopard-print Versace dress. Extra points for Broski's 'ICE OUT' pin atop her delicately-draped, cowl neckline."—Meguire Hennes

Quenlin Blackwell at the 2026 Vanity Fair Oscar Party

Quenlin Blackwell got her hands on Chanel Spring 2026 to host the Vanity Fair Oscar Party.

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Brittany Broski at the 2026 Vanity Fair Oscar Party

Brittany Broski endorsed leopard-print's staying power at the post-Oscar party.

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The 2025 'Vanity Fair' Oscar Party Set a Stylish—and Sheer—Bar for 2026

"My editor, Halie LeSavage, and I expected the 2026 Vanity Fair Oscar Party to begin an hour or so into the award ceremony. The step-and-repeats aren’t slated to start until after 10 p.m. ET, though, giving me plenty of time to reminisce on last year’s boldest Vanity Fair Oscar Party looks.

I’ll always remember the 2025 affair for Zoë Kravitz’s peekaboo butt panel. In case the 'business in the front, party in the back' moment isn’t ingrained in your brain, here’s your refresher: Kravitz walked the VF red carpet in a long-sleeve Saint Laurent gown, featuring a bedazzled window circling her behind.

The surprises continued once Megan Thee Stallion arrived. She went completely topless, with nothing but green nipple pasties atop her bust. Kendall Jenner even got the transparent memo, though her lacy long-sleeve gown was 32 years old. The circa-Spring 1992 Mugler design’s bell sleeves, mock neck, and liquified train looked fresh from a runway."Meguire Hennes, fashion staff writer

BEVERLY HILLS, CALIFORNIA - MARCH 02: (EDITORS NOTE: Image contains partial nudity.) Zoë Kravitz attends the 2025 Vanity Fair Oscar Party Hosted By Radhika Jones at Wallis Annenberg Center for the Performing Arts on March 02, 2025 in Beverly Hills, California. (Photo by Neilson Barnard/Getty Images for Vanity Fair)

Zoë Kravitz's Saint Laurent LBD—and sheer butt panel—lives rent-free in my mind.

(Image credit: Getty Images)

Our 2026 'Vanity Fair' Oscar Party Predictions

"The Vanity Fair Oscar Party is a place where fashion rules go out the window. One minute, you'll see a winner clutching their new trophy in a 1950s-esque ballgown, the next, Hunter Schafer will arrive with nothing but a feather for a top. I'm anticipating a late-night circuit where naked dresses and tummy-baring two-pieces will reign supreme. Given that Love Story star Sarah Pidgeon is also making the rounds, I expect CBK-inspired minimalism will also get its long-awaited red carpet moment."—Halie LeSavage

Sarah Pidgeon wears Chanel's take on the '90s slip dress trend, leaving behind Carolyn Bessette-Kennedy's color palette for light pistachio green

Will Sarah Pidgeon continue her Chanel streak at the 2026 Vanity Fair Oscar Party? Fingers crossed.

(Image credit: Gilbert Flores/Variety via Getty Images)

How to Watch the 2026 'Vanity Fair' Oscar Party Red Carpet

"You've already committed to a late night watching the official Oscars. What's a little more red carpet fashion? Once you're cuddled up in your pajamas, you can tune in to the official livestream on VanityFair.com and VF's YouTube channel. Hosts Quenlin Blackwell, Brittany Broski, and Jake Shane will kick things off around 10:30 p.m. ET. Of course, you can also flip through Marie Claire's live commentary before heading to bed..."—Halie LeSavage, senior fashion news editor