Watch: Celebrities walk the red carpet at Oscars 2015

Shimmering beads and jewels broke through an unusually dreary rainy afternoon in Hollywood on Sunday as the film industry's beautiful and powerful hit the glamorous Oscars red carpet.High collars replaced sexy cutouts while classic Hollywood looks continued to dominate. Rosamund Pike, nominated for best actress for Gone Girl, wore a red strapless Givenchy gown with beading that gave it the appearance of layered rose petals. Julianne Moore, Naomi Watts and more donned dresses with sparkle and shine as they arrived for the biggest night for the movie business. Silver and red were early popular colors on the carpet.