PHOTOS: Pre-Oscar Style Winners And Sinners In The Best & Worst

The red carpet was on fire Thursday night, as Hollywood’s hottest stars hit pre-Oscar events dressed to rock and shock – and has all the photos in our daily fashion feature.

PHOTOS: The Best & Worst Dressed Stars Of The Day

Elizabeth Banks showed off her sexiest side ever at the opening of the Tom Ford Flagship Store in Los Angeles. The Next Three Days star rocked a skin-sational Versace cutout mini dress from the Spring 2011 collection with green Miu Miu heels and a cool clutch, scoring herself the best look of the day.

PHOTOS: Bikini By Color! Celebs Strip Down And Show Off Their Favorite Shades

Sharon Stone left her Basic Instinct at home when she headed over to the Hollywood Reporter Big Ten party. The beautiful blonde combined every color imaginable (purple, pink, green, brown, blue) in a terribly tacky ensemble, which was impossible not to notice.

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At the Los Angeles premiere of Beastly, Vanessa Hudgens looked floral fab in a Julien Macdonald strapless dress, which featured an uber sexy slit, while Raven Simone showed off her newly svelte bod in a not-so-chic mini dress.

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Fellow suddenly-slim star Jennifer Hudson looked fab in fuchsia at the Essence Black Women in Hollywood luncheon, showing off her hot bod in an RM by Roland Mouret curve hugger.

PHOTOS: Bikini Bottoms Only! Stars Who Flaunt Their Boobs On The Beach

And Michelle Trachtenberg channeled Dita von Teese in Edition by Georges Chakra at the Hollywood Domino 4th Annual Gala.  The Gossip Girl looked better than ever in the to-die-for dress!

PHOTOS: Celebs Strip Down Into Sexy String Bikinis!

Who else rocked and shocked on the fashion front on Thursday?  Find out by clicking here.

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