The "Substance" star wore a backless look on the red carpet and a red gown while dancing in a tribute to James Bond.

Margaret Qualley has become a red-carpet favorite in recent years. Thanks to her love of vintage pieces and breezy take on fashion, the 30-year-old actor has become known for her refreshingly authentic spin on special-event style,

Margaret Qualley showed up on another carpet in head to toe Chanel, arriving at the 2025 Oscars wearing a gorgeous backless Chanel gown paired with a backwards diamond necklace. Need a closer look at the necklace?

Margaret Qualley’s red carpet fashion is known for being sweet, sentimental, and covered in bows—what the kids are calling coquette. However, on the 2025 Oscars red carpet, Qualley is embarking on a new fashion chapter—one that's more grown up, colored in black, and seemingly without bows.