Red Carpet Rewind: Oscar fashion predictions

Penélope Cruz
Supporting actress, "Vicky Cristina Barcelona"

Cruz has a strong Chanel track record. She wore a Chanel blue feather gown to the Oscars in 2008. A few weeks ago, she chose a black-lace Chanel for Spain's Goya Cinema Awards. Our money is on Chanel for Sunday.Kate Winslet
Lead actress, "The Reader"

Winslet has come a long way from her pale pink gown and hot pink pashmina shawl at her first Oscars and her emerald green velvet Givenchy by Alexander McQueen for her "Titanic" nomination. But this season, she's done best sticking to classic silhouettes in black. She hit a double wearing YSL black at the Golden Globes and a bright blue Narciso Rodriguez at the SAG Awards. For the BAFTA Orange Awards, she steered a classic course in a Zac Posen black sculpted gown with a low bun. Meryl Streep
Lead actress, "Doubt"

For her 2007 Globe nod for "The Devil Wears Prada," she wore a pale pink Carolina Herrera chiffon gown with sleeves. At the 2007 Oscars, she chose a black Prada skirt and belted jacket. Our prediction: something comfortable and classy. With sleeves.
Anne Hathaway
Lead actress, "Rachel Getting Married"

Hathaway wore a white Loris Azzaro gown to the SAG Awards and a pale Chloe bejeweled romper frock to the Oscar nominee lunch. She's been stunning all season, thanks to stylist Rachel Zoe. On her new fashion icon status, she declined the crown. "I'm not an icon. I just had a good year."
Source: theenvelope.latimes.com