Sunday night was the biggest and most exciting night in film-making, as all the biggest names in the industry gathered together to see who would be honored as the best of the best this year. Household names Matthew McConaughey and Cate Blanchett took home the top acting awards, while Lupita Nyong'o was honored as Best Supporting Actress for her very first film role, and another long-time vet Jared Leto won Best Supporting Actor. But who should take home awards for best-dressed, and who earned the fashion equivalent of a Razzie?

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    Mark Davis/Getty Images
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    Whoopi Goldberg

    No, we haven't lost our minds; we are simply starting at the bottom this time. Believe it or not, there was only one look this year that truly stood out as a disaster, so let's just get it out of the way, shall we? While Whoopi Golberg is without a doubt one of the most brilliant comedic minds in history, she has also always been known for her kooky style, and Sunday night was no exception. We didn't like the look on Julia Roberts at the Golden Globes, and we like it even less on Whoopi. Business and glam should never meet, especially when paired with a string of pearls that could fit a giant - not a comedic giant; an actual giant. This getup's one redeeming quality is the sparkly red shoes, which you can't even see most of the time.

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    Jason Merritt/Getty Images
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    Emma Watson in Vera Wang

    This look isn't bad so much as simply boring, despite the dramatic hemline. The color and the shape both strike us as dull. It could have been saved with some fun accessories or bold shoes, but unfortunately, neither of those things were present.

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    Frazer Harrison/Getty Images
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    Camilla Alves

    Like Emma's, this is a look we could have loved - just not on Camilla. This sweeping pale pink gown would have been more appropriate on Helen Mirren or Meryl Streep - in other words, someone a little older, but still every inch the stunning movie star. Camilla will get there someday, but for now, this look only ages her. There's nothing wrong with looking 64 - if you're 64.

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    Frazer Harrison/Getty Images
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    Jared Leto in Saint Laurent

    While Best Actor winner Matthew McConaughey and Best Supporting Actor Jared Leto (not to mention Ryan Seacrest out on the carpet!) wore virtually identical two-tone tuxes, Leto was our pick for best-dressed male for pairing his Saint Laurent with a bold red bow tie. Pops of color in an otherwise neutral ensemble are a big trend right now, and a simple way to stand out, which Leto did brilliantly.

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    Jason Merritt/Getty Images
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    Anna Kendrick in J. Mendel

    Presenter Anna Kendrick dazzled in an asymmetrical take on the classic black gown. Like Jared Leto, she caught our eye immediately with pops of red at her waist and in her hands. Finishing it off with black peep-toe pumps, she achieved a look that is both imaginative and reminiscent of old Hollywood.

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    Michael Buckner/Getty Images
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    Naomi Watts in Calvin Klein Collection

    Naomi Watts also conjured up some classic Hollywood glam in her figure-skimming white Calvin Klein Collection gown. The classic shape, paired with pretty delicate beading, really played up her statuesque silhouette. We love that she kept her accessories minimal, focusing the attention on the gown itself and her own natural beauty.

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    Jason Merritt/ Getty Images
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    Cate Blanchett in Chanel Couture

    One can always count on both Cate Blanchett and Chanel to shine, and Cate was a winner in more ways than one last night. Not only did she score the Best Actress award for her performance in Blue Jasmine, she also gets our vote for best-dressed at the 2014 Oscars. Cate's gorgeous crystal-embellished frock has a wow factor that went unmatched, even in the sea of beautifully dressed women on the carpet - much like Cate herself.

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    Christopher Polk/Getty Images
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    The Instant Fashion Darling

    Lupita Nyong'o, fresh out of Yale School of Drama - and a big winner for her first film role ever - has dazzled her way through this awards season. But she topped even herself at the Oscars in a beautiful Prada ballgown that she picked because it reminded her of Nairobi, of which she is a native. She continued to dazzle onstage, where she gave a beautiful acceptance speech, ending by reminding children the world over that "no matter where you are from, your dreams are valid." Lupita has set the bar quite high for herself indeed, but we have no doubt she will continue to shine.

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    Jason Merritt/Getty Images
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    And the "Is That Really Her?!" award goes to...

    Lady Gaga in an unspecified designer. Gaga is a beautiful woman, which is often hard to tell behind the funky glasses, big hair, heavy makeup and odd costumes for which she is known. But there was no question about it on the Oscars red carpet. She rocked a gown that boasted both a classic shape and a fair amount of edge. Pair that edge with a dramatic scarf that elegantly grazed the floor in her wake, and we are reminded that this stunner is indeed still the Lady Gaga we know and love.

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