Rachel Weisz is set to step down the Academy Awards red carpet wearing a dress made by label Ghost - to return a favour to the label's founder who gave the actress her big break as a model.

Best Supporting Actress nominee Weisz spent her youth modelling for Ghost founder TANYA SARNE.

And the designer thinks it's only fair she should get to make the stunning star's Oscar gown.

She says, "Rachel Weisz, that's who I would like to dress for the Oscars.

"She was an old friend of my daughters and she used to be in our fashion shows years ago.

"There was loads of people in our shows that have gone on to be successful, my daughter, Rachel Weisz and NENEH CHERRY to name a few."

"We appeal to celebrities because we make beautiful clothes, very feminine and easy to wear and they are very forgiving if you get bigger."