>> The red carpet is only half the style story on Oscar night; from the Vanity Fair party to the Annual Elton John AIDS Foundation viewing party, the evening is so jam-packed with events that the potential for chicness is nearly endless. This year, the parties saw everyone from models (Karolina Kurkova, Heidi Klum, Alessandra Ambrosio) to designers (Tom Ford, Tory Burch, Carolina Herrera) to muses (Sofia Coppola, Claire Danes, Dita Von Teese) — and the ensembles on display were just as gorgeous as those of the main event. Click through to see some of the best looks from the evening — with more added as they come in — right here.
Sofia Coppola, Alessandra Ambrosio, Heidi Klum, and More Fete the 2012 Oscars
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