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Grammys 2014 fashion: Katy Perry dons Valentino dress on the red carpet

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The 2014 Grammy Awards are taking front and center stage on the red carpet tonight, according to a Jan. 24 E! News report, which brings fans livestream coverage of all the fashion hits and misses. Tonight’s event includes appearances and performances from today’s hottest entertainers, including Taylor Swift, Lorde, Beyoncé, Jay Z, Justin Timberlake, Katy Perry, and Madonna.

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Following her sexy mint Gucci dress at last year’s Grammy’s, Perry left this year’s red carpet Gucci honors to Swift, and opted for an interesting Valentino dress that will have fashion pundits talking all week. Perry will perform her hit song “Roar” at tonight’s event, and is nominated for two awards, including Song of the Year for “Roar” and Best Pop Solo Performance, also for “Roar.”

Other stars who showed off their best looks on the red carpet include Kelly Osbourne, who according to Just Jared, was chic in a Badgley Mischka dress. The E! News fashion commentator accessorized with Loree Rodkin jewels, her dad Ozzy‘s cross, and Brian Atwood heels.

Colbie Caillat stunned in a bold red Enzra Santos dress. She rounded up the perfect accessories, including Jimmy Choo heels and Claude Morady 1930s vintage diamonds.

Not to be outdone, Paris Hilton turned up the heat in a white dress. Striking while the fashion iron is still hot, Hilton tweeted, “Killing it in all white. Loves it.” This follows the starlet’s earlier appreciation tweet. “Love my gorgeous Grammy dress! I feel like a Princess! …. Thanks @XtinaMilani @HausOfMilani! You are the best! ….”

The 56th Grammy Awards air tonight on CBS.

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