SEE IT: The 35 Most Iconic Oscar Dresses of All Time

Since handing out its first prize in 1929, the Academy Awards has transformed from an event honoring the best in film to a star-studded spectacle of style. READ: The Most Talked-About Acceptance Speeches in Oscar History This year’s Oscars will take place on Sunday, February 28th, and while the world will be anticipating whether Leonardo DiCaprio will finally get his Oscar, many of us will also be eyeing the red carpet, scoping out the biggest hits and misses in fashion. Hollywood’s finest will aim to deliver the usual glitz and glamour, but if history is any indication, other celebs will choose to make bold statements in more questionable ensembles. (And we're talking about "girl, you should fire your stylist" questionable.) READ: And The Award for Most Awkward Oscar Moment Goes To... Don’t believe us? Check out the 35 of the most iconic Oscar dresses of all time: