All the Best Dressed Stars at the 2025 Vanity Fair Oscars Party

If the Academy Awards traditionally calls for fairytale gowns—sweeping trains and silk stoles and sequins in their thousands—then the 2025 Vanity Fair Oscars Party serves as an opportunity for the stars to let their hair down, sartorially speaking; a chance to trade all that tulle and froth for more directional (read: revealing) looks. The after-party is where our eyes are.

Take Pamela Anderson: these days she’s on a strict regime of quiet luxury and borderline magical skincare, but 24 years ago she showed up at the after-party wearing monster shades and a cut-off denim skirt that was mini enough to make Glenn Martens blush. Last year, Margot Robbie officially drew a line under her months of pink-clad Barbie promotion when she wore a shimmering black Versace gown to the Oscars, but it was the gold Mugler corset from spring 1996 she wore later that night to the Vanity Fair party that made headlines.

More and more, rare vintage is the preferred approach for the most closely watched dressers in Hollywood, so fashion fans got to see some major archive coups on the red carpet as the winners and the runners-up made their way over from the main ceremony; alongside plenty of sheer dresses and menswear moments.

From Selena Gomez in sequins to Kendall Jenner in archive Mugler and Demi Moore all gilded and golden—the after-party brought the evening’s strongest looks.

Here, see all the best dressed guests at the 2025 Vanity Fair Oscars Party.