After all the hype and anticipation of who would wear what, the Oscars finally took place in Hollywood tonight. Attendees embraced embellishments, vivid colors and custom creations. Statement jewelry was also trending (think Cate Blanchett’s spectacular Tiffany & Co. necklace). The guys didn’t disappoint either, with several actors favoring bold hues as opposed to the traditional black and white garb. Take a look at all the grand gowns and snazzy suits that hit the red carpet below.