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This runway styling doesn't exactly say "Oscars," but strip away all those accoutrements and you're left with exactly the kind of dress Olivia has veered toward in the past: simple in shape, a block color, a rich fabric that hangs beautifully, and just enough detail to stop it from looking boring. A modified version of this runway look with a slightly lower neckline and a few inches at the hem would look great on the British star.