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"It came to my attention late Saturday night that there would be a dress worn to the Oscars that is remarkably similar to the Valentino I had intended to wear, and so I decided it was best for all involved to change my plans," Hathaway revealed to PEOPLE in an exclusive statement.
It is well known that Hathaway, 30, is a longtime fan of Valentino and has dressed in his designs for many years including when she tied the knot with actor Adam Shulman last September.
"Though I love the dress I did wear, it was a difficult last minute decision as I had so looked forward to wearing Valentino in honor of the deep and meaningful relationship I have enjoyed with the house and with Valentino himself," Hathaway continued.
"I deeply regret any disappointment caused," Hathaway added.
Photo credit: Getty Images
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