Gwyneth Paltrow returned to the Oscars red carpet on Sunday night for the first time in 11 years, arriving at the 98th Academy Awards at the Dolby Theatre in Hollywood in a custom Giorgio Armani Privé gown that read sleek and minimal from the front, and then shifted in profile with side cutouts.
The “Marty Supreme” actress wore a custom Giorgio Armani Privé ivory silk strapless gown with a straight neckline and a close fit through the bodice. Smooth silk held the center front in a narrow column, while angled side panels carved inward from the bust toward the waist and gave the upper half more shape. In profile, those lines opened into dramatic side cutouts that revealed nude tulle trousers underneath, accented with subtle crystal embellishment.
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Paltrow kept the accessories tight, wearing Tiffany & Co. high jewelry from the Blue Book 2026 collection, Hidden Garden, including a yellow-and-white diamond necklace in platinum and yellow gold, plus diamond earrings and a platinum ring. Christian Louboutin shoes completed the look.
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Her beauty styling stayed equally controlled. Paltrow wore her blonde hair in a deep side part with the lengths swept over one shoulder, keeping the neckline open for the necklace. Soft makeup and a pale manicure kept the palette close to the gown.
Sunday’s appearance returned Paltrow to an Oscars red carpet already tied to some of her most enduring fashion moments: the strapless satin column and four-strand pearl choker from her 1994 Academy Awards debut, the pink Ralph Lauren gown from her 1999 best actress win for “Shakespeare in Love,” and the pale one-shoulder Ralph & Russo she wore in 2015, her last Oscars appearance before this year.
The 2026 Academy Awards honor the best films of 2025 from “One Battle After Another” to “Hamnet” and more. Hosted by Conan O’Brien, who returns for a second consecutive year as master of ceremonies, the awards show takes place at the Dolby Theatre in Los Angeles. “Sinners” leads the night’s nominations, with a record-setting 16 nods including Best Picture. The 2026 Oscars air Sunday night at 7 p.m. ET on ABC and Hulu.