Oscars 2026 after party WILDEST looks; semi-nude bare minimum silhouettes ft. Rita Ora, Suki Waterhouse & more

The curtain may fall after the trophies are handed out at the Academy Awards, but the real fashion fireworks often begin once the after-parties kick in. And when it comes to glamorous post-Oscar celebrations, nothing quite matches the buzz of the legendary Vanity Fair Oscar Party.

The 2026 edition of the party once again proved why it remains Hollywood’s most coveted invite. A dazzling mix of Oscar winners, fashion icons, music stars, designers and industry insiders walked the famous red carpet, turning the night into a style spectacle of its own. But just like every year, one trend clearly dominated the scene: the bold, barely-there silhouette. From sheer corsetry to illusion panels and daring cutouts, several celebrities embraced the “less is more” aesthetic, serving looks that balanced sensuality with high fashion. The result? A lineup of outfits that left plenty to the imagination while still commanding the spotlight.

Here’s a look at the stars who truly owned the semi-nude fashion moment at the Vanity Fair Oscar Party 2026.

Alessandra Ambrosio’s Sculptural Statement

Supermodel Alessandra Ambrosio stayed true to her reputation for fearless red-carpet fashion. She stepped out in a striking sheer corset gown that played with transparency and structure in equal measure.

The design featured intricate boning that shaped the bodice before cascading into a sleek floor-length skirt. The architectural construction of the outfit created a semi-sheer illusion that highlighted her silhouette beautifully. Keeping the focus firmly on the dress, Ambrosio opted for delicate silver jewellery and understated styling. The vibe was unapologetically glamorous, proving once again why she remains a red-carpet favourite.

Rita Ora’s Dramatic Couture Moment

If there’s one celebrity who loves a fashion risk, it’s Rita Ora. And she certainly delivered a show-stopping look at the after-party.

Her Tamara Ralph Spring/Summer 2026 couture creation featured a structured sheer corset paired with an extravagant sweeping train. The contrast between the minimal bodice and the dramatic volume of the train gave the outfit a theatrical edge.

Ora completed the ensemble with statement shoes and an eye-catching feathered hat that added vintage Hollywood flair. The result was bold, edgy and impossible to ignore.

Suki Waterhouse’s Dreamy Take On Sheer Fashion

While many embraced dramatic silhouettes, Suki Waterhouse offered a softer interpretation of the trend. Also dressed in Tamara Ralph couture, her gown featured delicate sheer panels and lace detailing that almost looked painted onto the skin. The design leaned more toward romance than rebellion, creating a dreamy red-carpet moment.

Waterhouse kept her styling relaxed with tousled hair and subtle rings, giving the look a bohemian charm that perfectly balanced the daring transparency of the dress.

Myha’la Brings Gothic Elegance

Actor Myha'la brought a darker twist to the naked-dress trend with a sheer lace ensemble that felt both mysterious and modern.

The dress used floral embroidery across transparent mesh to create coverage while still maintaining a revealing edge. The textured lace added depth to the design, making it visually striking without feeling overly exposed. Paired with chunky black platforms and a bold lip colour, the look leaned into an alternative aesthetic that stood out among the evening’s glitz.

Amelia Gray’s Fearless Fashion Gamble

Few guests pushed the boundaries quite like model Amelia Gray. Her daring gown featured extreme cutouts along the ribcage and hips, creating one of the most talked-about outfits of the night. Instead of relying on sheer fabric alone, the design played with the absence of fabric altogether.

Gray kept accessories minimal and wore her hair slicked back, allowing the dramatic silhouette to remain the centre of attention. It was bold, risky and perfectly suited for the headline-grabbing after-party atmosphere.

Cara Delevingne’s Futuristic Sparkle

Meanwhile, Cara Delevingne added a futuristic twist to the trend with a shimmering sheer gown that caught the light from every angle.

The ultra-thin fabric created a glowing shell-like effect across the body, delivering both glamour and a hint of sci-fi drama. Silver bangles and sharp winged eyeliner completed the look, giving it a sleek, modern finish. It was bold yet polished, proving that transparency can still feel elegant when paired with the right styling.

If the Oscars red carpet celebrates cinematic achievements, the Vanity Fair after-party celebrates fashion freedom. Stars arrive ready to relax, experiment and have a little fun with their style choices.

And in 2026, the message from Hollywood’s most glamorous night out was clear: sometimes the most impactful looks are the ones that reveal just enough.

With sheer fabrics, daring cutouts and sculptural designs taking centre stage, the “barely-there” trend turned the Vanity Fair Oscar Party into a masterclass in confident red-carpet dressing. One thing is certain. When it comes to post-Oscar fashion, the party has only just begun.