The best actress nominee, Blanchett, went for an unusual white-pink and fringed Givenchy gown. Wearing her blonde locks swept to one side, the mother-of-four sported a dramatic smokey-eye and nude lipstick for the occasion.
She added a drop earring and glittering bracelet to her look, allowing her show-stopping dress to command full attention.
"Trainwreck" actress Schumer wore an off-shoulder monochrome dress (with pockets), by designer Prabal Gurung. The comedienne wore her blonde hair pinned back in a half-updo. Her gown featured black side panels, white bodice, and long black train.
Eva Longoria also opted for white, looking every inch a fashion diva in a Georges Hobeika dress.
Also cutting a pretty picture was Laverne Cox in a white Elizabeth Kennedy gown, with her green Lorraine Schwartz earrings enhancing her look.
Singer-actress Lady Gaga, known for her out of the box dressing sense, surprised with a regular off-shoulder all-black velvet gown, by Atelier Versace.
"Veep" actress Julia Louis-Dreyfus looked beautiful in a black gown.
Other prominent colours on the red carpet were dark shades of blue, red and yellow.
Pop star Katy Perry wore a pink evening gown by Prada. Julianne Moore Wearing a velvet blue Tom Ford dress. Rooney Mara sported a shredded-lace Alexander McQueen dress.
Pop diva Jennifer Lopez opted for a yellow Giambattista Valli gown. "Room" actress Brie Larson wore a golden Calvin Klein dress.
Melissa McCarthy was seen in a blingy blue gown. Taraji P Henson looked gorgeous in a white Stella McCartney dress and Natalie Dormer turned heads in a red J Mendel dress.
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