01/19/2012 05:16 pm ET

Carey Mulligan Picks A Red And Tulip-y Dress For London Film Critics' Circle Awards (PHOTOS)

We'd know that cute blonde pixie cut anywhere.

Carey Mulligan, who co-stars with Michael Fassbender in "Shame" is also set to star alongside with Leo DiCaprio in the upcoming adaptation of "The Great Gatsby," is becoming a permanent fixture on the red carpet again after taking somewhat of a brief hiatus last year.

But is Carey ready for a style comeback?

We do love her whimsical cover for January's W, but judging by her dress at tonight's London Film Critics' Circle Awards, we think she might need some more time.

The red color of the Roland Mouret spring 2012 dress looks gorge on Carey, and we love the blue shoes, but what we're not as stoked about are the cutout tulip appliques and the saddlebags (?) of fabric under her armpits.

Check out Carey's dress below and sound off in the comments if you think we're wrong about her look.