Last updated at 8:05 AM on 28th February 2011
Neither of them were up for any Oscars – but Cameron Diaz and Taylor Swift were the runaway winners of the shortest dress competition at the Vanity Fair party last night.
Cameron arrived on the red carpet of the hottest post-Academy Awards party in a tight off-the-shoulder monochrome print mini with frill detail – although not many people were looking at her frock.
Instead, all eyes were on the 38-year-old’s toned physique, which the actress has been perfecting with rigorous bootcamp-style work outs with her baseball-playing boyfriend Alexander Rodriguez, 35.
Bobbydazzlers: Taylor Swift, left, shimmered in a short gold strapless gown with matching shoes, whereas Cameron Diaz, right, was wearing a tight off-the-shoulder monochrome print dress with black shoeboots
Going for gold: Gwyneth Paltrow looked stunning in a shimmering gold asymmetric gown
The star accessorised her barely-there outfit with skyscraper black shoe-boot peep toe heels.
Taylor meanwhile was wearing an elegant strapless shimmering gold number with matching shoes, 1940s-style glamourpuss hair and a slash of red lipstick.
The 21-year-old country star certainly wowed the crowd with her sophisticated makeover.
Also going for gold was Gwyneth Paltrow in an elegant off-the-shoulder gown in a more nude shade compared to the metallic dress she’d worn at the actual ceremony.
Who’s that girl? Madonna arrived at the party with her daughter Lourdes, but minus a skirt, instead wearing a black see-through lace creation with a fur bodywarmer
Young love: Selena Gomez and Justin Bieber were also on the red carpet at the Vanity Fair Oscars Party at the Sunset Tower in Los Angeles last night
Other surprises on the red carpet at the bash, thrown by the society and fashion magazine, included Justin Bieber’s first public appearance hand-in-hand with girlfriend Selena Gomez, who was wearing a stunning blood-red Dolce and Gabbana gown.
Another loved-up couple cosying up at the Oscar’s most exclusive bash included True Blood’s Stephen Moyer and Anna Paquin.
However, Madonna arrived accompanied by a surprisingly unembarrassed 14-year-old daughter Lourdes, as the star appeared to have forgotten her skirt.
Bite of all right: True Blood’s Stephen Moyer and his onscreen and offscreen partner Anna Paquin
Onlookers were also surprised that the two major fashion faux pas came from the two dress designers at the party – namely Diane Von Furstenberg and Donna Karan.
Donna was wearing an ill-fitting shiny black floor length frock with silver detailing that left her with a weird looking decolletage and torso.
Odd choices: Designers Donna Karan, left, and Diane Von Furstenberg, both missed the mark when it came to style despite their day jobs
Diane meanwhile was wearing another ill-fitting gown, this time an odd studded affair with peculiar fluffy shoulder bits.
Cameron meanwhile is getting ready to release her new movie Bad Teacher, which is creating something a buzz before release, not least due to the trailer in which the star gets lathered up in tiny Daisy Duke-style shorts at a car wash.
Black tie: Mad Men star Jon Hamm and girlfriend Jennifer Westfeldt looked the business at the bash
Ladies in red: Previous Academy Award winner Sandra Bullock looked stunning in vivid scarlet whereas comedy actress Leslie Mann was classy in claret
The trailer for her latest movie shows her pictured smoking marijuana as well as swearing like a trooper.
Diaz pairs up with her former boyfriend Justin Timberlake who plays another member of staff in the film, due to be released in June this year.
Contrasts: Emma Stone, who stars in the forthcoming The Amazing Spider-Man, wore an interested purple patterned dress, whereas former Road House and Drugstore Cowboy star Kelly Lynch kept it simple in black
Purple patch: 77-year-old Joan Collins looked glamorous as ever in a lilac gown and Rita Wilson was feeling the colour in a patterned silk frock too
The actress described the flick as ‘filthy’ but ‘fun’ and said she had given her seal of approval to Timberlake’s role.
‘We wanted Justin because he’s such a brilliant comedian. He’s so funny. He’s very, very talented,’ she said.
However, Bad Teacher is unlikely to be troubling next year’s Oscars either.
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OSCARS 2011: Taylor Swift and Cameron Diaz dazzle at the Vanity Fair party