03/02/2012 12:34 pm ET

Gwyneth Paltrow Oscar 2012 Dress Inspired By Jacqueline Kennedy (PHOTOS)

Gwyneth Paltrow's Tom Ford Oscar cape dress was one of the most talked about styles of the night. And while most of us thought she was pushing the envelope of fashion by donning a cape, she was actually reinventing a classic look that was inspired by one of the most stylish women of the century: Jackie O.

Paltrow was cooking up a storm on Thursday during a tapping of "The Chew" when she revealed how she picked this showstopping gown. According to People magazine, it was the only dress she tried on:

"That was the dress and I thought, 'it's a little different but it's sort of a throwback.' I saw a pic of Jackie O in a white dress with a cape and it's been a while since anyone's worn a cape, frankly, except for Superman."

The dress Paltrow is referring to is Jackie O's famous 1961 white inaugural ball gown that was made by Bergdorf Goodman's Ethel Frankau but designed by the first lady herself.

Though Paltrow gave cape credit to Ford, she did mention that her daughter, Apple, has a big influence on what she wears:

"My daughter loves a fashion moment. She weighs in very heavily."

A little fashionista in the making? We can hardly wait to see Apple walk the red carpet! Take a look at the photos below to see Jackie and Gwyneth's famous gowns and check out the whole interview with Paltrow when "The Chew" airs Friday, March 2 at 1 pm.