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TAPE_NUMBER: EF01/0261 IN_TIME: 14:18:55 LENGTH: 05:28 SOURCES: APTN RESTRICTIONS: music copyright must be cleared FEED: LC SCRIPT: xfa APTN STORY: OSCAR FASHION LOCATION: LOS ANGELES DATE: MARCH 2001 The nominations have been announced and the elements of style are now falling into place for the 73rd Annual Academy Awards. On Thursday, the designs of some of the biggest names in couture graced the runway at the Oscar Fashion Preview, held at the home of "Oscar," the Academy of Motion Picture Arts and Sciences in Beverly Hills. Nominees, presenters, and guests, at this year's Oscar ceremony may wear any one of the many runway creations. With awards season well into its stride, the Pre-Oscar fashion show is only the latest tune-up to the ultimate fashion show that takes place before the Academy Awards ceremony on March 25. But behind the scenes these glittery events provide a multitude of employment opportunities for specialists with taste and gumption. For example fashion guru Frederic Fekkai, who says designs on this year's red carpet will provide an eclectic mix, and fashion will share the spotlight with hairstyles in a kaleidoscope of colours. Hollywood stylist Phillip Bloch is another specialist, working with stars such as Jodie Foster, Nicholas Cage, Cameron Diaz, Jennifer Lopez and Salma Hayak to mention a few. The styles of Versace and Valentino were absent from the Oscar fashion show preview. But Anne Klein offered a show-stopping homage to Oscar, in a matte-gold pailette wrap gown. Designer Marc Bouwer made an impact with his elegant lime-green, body-conscious halter gown. Men aren't left out either, Dolce and Gabbana provided a sleek irridescent monochromic suit for the catwalk show. Designers in general are giving men more choices. An elongated coat from Donna Karan is another alternative to the more traditional tuxedo, so often seen on Oscar night. Celebrities like Sigourney Weaver relax and really enjoy the awards season in Hollywood. Bloch thinks she is a great role model, and her style is flawless. Other role models on the red carpet runway this awards season according to Phillip Bloch include Bette Midler. For the most part, silhouettes at the fashion preview were lean and svelte, as in Richard Tyler's gleaming black fishtail gown. A platinum charmeuse halter gown by Pamela Dennis made the perfect grand entrance and exit, with its dramatic train and plunging "V" back. Jewels, courtesy of Harry Winston, provide the finishing touches to the glamorous fashions. The Academy Awards are definitely high stakes for the designers whose fashions land on the red carpet Oscar night. The Oscars can launch careers. Phillip Bloch says the red carpet at the Academy Awards is the biggest runway in the fashion world, but nothing is guaranteed until the celebrity sets foot on the red carpet Oscar night. SHOTLIST: 1.W/S of runway at the 2001 Oscar Fashion Preview. 2.SOT FREDERIC FEKKAI, hair and makeup sylist (on importance of the silhoutte) 3.Various shots of models being dressed and combed in dressing room. 4. .SOT FREDERIC FEKKAI (on hair trends) 5.Various shots of awards shows red carpet arrivals at the Golden Globes, the Peoples Choice Awards.incl angelina jolie, macy gray 6. b-roll Sigourney Weaver at Golden Globes 7. SOT SIGOURNEY WEAVER (on awards ceremonys being like proms) 8. SOT PHILLIP BLOCH, celebrity stylist (on Sigourney's style) 9. b-roll Bette Midler 10 SOT BETTE MIDLER (describing dress) 11. SOT PHILLIP BLOCH (on Bette) 12. b-roll Winona Ryder 13 SOT PHILLIP BLOCH (on winona's approach to dressing for awards) 14. GVS catwalk 15. SOT PHILLIP BLOCH (on how oscars can help designer's career) 16. GVS catwalk?