Among the several Oscars after parties around Hollywood Sunday night, Vanity Fair's annual fete boasted the most fashion-forward guests.

Once the 84th Annual Academy Awards wrapped, several A-listers joined Oscars invitees at the mag's swanky bash.

PHOTOS: What all the stars wore at the 2012 Oscars

Sofia Vergara, Diane Kruger and Kate Hudson were among the stars who ranked  high on the evening's best-dressed list. Vergara donned a white strapless embroidered Roberto Cavalli gown, Kruger bared cleavage in a lacy bandeau bra that she wore under her sexy red dress with a plunging neckline (by Calvin Klein Collection) and Hudson looked red-hot in a strapless, backless Versace number.

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Meanwhile, the sartorial choices made by Elizabeth Banks, Kate Beckinsale and January Jones were met with more criticism than praise.

PHOTOS: The best and worst dressed stars at the 2012 Oscars

Banks chose a green and blue polka-dot Chadwick Bell gown with navy blue feathers along the train, Beckinsale wore an Atelier Versace dress in what looked like a cross between camo and animal print and Jones donned a green-and-brown Wes Gordon ensemble that channeled a forest tree.

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