Stuart Weitzman - No Oscars Sparkle For Weitzman's Million Dollar Shoes

STUART WEITZMAN's Million Dollar Shoes won't be walking the red carpet at the Oscars on Sunday (22Feb09) - thanks to the global economic crisis.

The in-demand designer personally sizes and creates a special jewelled shoe for one lucky up-and-coming leading lady to wear to the Academy Awards annually.

But, Weitzman has decided the time isn't right to put such an over-the-top piece of footwear on the red carpet this year.

He tells WENN, "We very seriously took into account the current economic situation and what is considered appropriate in the world of fashion today, and we felt this was not a year to be extravagant."

Weitzman will be well represented at the Oscars, however - his Red Carpet Collection of shoes will grace the red carpet on Sunday. A number of top stars will be wearing his designs at the Academy Awards.

The lucky ladies who have worn Weitzman's Million Dollar Shoe to past Oscars have included Ray star Regina King, Dreamgirls actress Anika Noni Rose and Mulholland Drive's Laura Harring.

Among those who have worn his shoes to other red carpet events are Angelina Jolie, Katie Holmes, and Kate Winslet.