By Sharon Clott Kanter
Updated Mar 02, 2011 @ 2:56 pm
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Getty Images; Courtesy of Carolina Herrera

Cameron Diaz celebrated the Oscars by stopping by the 2011 Vanity Fair after-party in a leopard print ruffled one-shoulder cocktail dress by Carolina Herrera. And instead of taking the look right from the runway—the dress is part of Herrera's latest pre-fall collection—Diaz decided to change it up to flaunt her gorgeous gams, hiking the at-the-knee hemline up to mid-thigh, proving the power of alterations to change a look. Diaz finished the look with Anita Ko earrings, Lanvin cuffs, a Judith Leiber clutch, and Jimmy Choo booties.