Oscars 2014: Best and worst red carpet looks

3: Cate Blanchett in Armani Prive

Cate Blanchett, best actress nominee for her role in "Blue Jasmine," poses as she arrives at the 86th Academy Awards in Hollywood, California March 2, 2014. [Photo/Agencies]

Haute couture dress from Armani Prive is decorated with Swarovski crystals. Blanchett matches it with a pair of giant stunning earrings. The dress, the earrings and her own elegant touch turn her into a princess.