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It’s the most wonderful night of the year in Hollywood: Oscar night! And that means style, style, style fails and more style. Of course, there are award statuettes being handed out, but for now we’re handing out the titles of Style Winners & Losers on the Oscars red carpet. Emma Stone killed it, Rosamund Pike destroyed it, Lady Gaga looked ridiculous (in a bad way), Jennifer Aniston proved she isn’t a sore loser by showing up (and looking great) and there is sooo much more. So many stars, so many looks (some absolutely horrendous, like Gwyneth Paltrow) and so much to show you! Have a look at the Style Winners & Losers, fresh from the red carpet!

And in case you missed the show last night, catch up on the highlights: