ET looks to designer Allen B. Schwartz to find all the favorite Oscar styles on a budget.
Allen B. Schwartz of A.B.S. and ALLEN B. fashions has dresses inspired by the Oscar gowns themselves, including trends worn by Penelope Cruz and Kate Winslet.
Schwartz's fashions can be purchased at leading department stores like Saks Fifth Avenue, Neiman Marcus, Bloomingdale's and Lord & Taylor.
Watch the video to see how you too can become red carpet ready!