Giuliana Rancic previews Academy Award fashion

Since the Golden Days of Hollywood, the stars' arrival on the Red Carpet is the most anticipated prelude to the award shows. Co-Host Giuliana Rancic will greet nominees and celebrity guests, give us the biggest scoops on this year's 'anticipated' Oscar race and give viewers a first-look at the evenings fashion parade.

E! Entertainment's 'Live from the Red Carpet' airs Sunday, February 27, starting at 3 p.m. It will feature celebrity and nominee interviews as they walk the line, the latest news on all of the nominees and celebrated films, and will reveal the most important question of the evening, "What are they wearing?"