Yes, we're talking about the 88th Annual Academy Awards, or as we know them, the Oscars. And yes, all of our favourite stylish stars were there killing it in uber-expensive gowns, meticulously applied make-up and perfectly coiffed hair.
This year's awards were held at the Dolby Theater in Los Angeles, California and presented by Chris Rock who last hosted the Oscars in 2005.
And while most of the evening's chat was based on whether Leonardio DiCaprio would FINALLY get the gong he deserved (he did, BTW), our eyes were firmly on the red carpet arrivals and the stunning dresses that totally floated our boats – but sadly, we could never afford (sigh)!
There was barely a black dress to be seen: fact.
In contrast, colour and metallics were big news of the evening with the very sexy winner of Best Supporting Actress Alicia Vikander nailing both trends in a dusky yellow, Louis Vuitton dress with shimmering metallic embellishment all over (above).
If you ask us, her dress alone deserves an Oscar.
Meanwhile, gorgeous Game Of Thrones' actress Sophie Turner teamed up with Suzy Amis Cameron's eco fashion campaign, Red Carpet Green Dress and looked stunning in her pale green Galvan dress.
Check out even more fabulous frocks from this year's Oscars' red carpet below...
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