Oscar Fashion: Penelope Cruz, the Lady in Red

Penelope Cruz is reliably one of Hollywood's "Best Dressed" women and she didn't disappoint at last night's 82nd Annual Academy Awards ceremony.  The smoldering actress parted the red carpet in her stunning, Bordeaux duchess satin gown by Donna Karan. Note to two of the evening's fashion disasters, Charlize Theron and Sarah Jessica Parkerthis is what an A-list star looks like on Oscar night.

Thanks to Dalia McPhee designs, you can copy Penelope's pretty Oscar look (and other starlet replicas) for less. Each Dalia dress retails at Neiman Marcus and Nordstrom nationwide for under $400.

Let's go shopping!

Image credit: Getty images, Dalia McPhee