updated 02/26/2013 AT 3:10 PM ET
•originally published 02/26/2013 AT 3:30 PM ET
What’s a girl to do?
“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,” she tells PEOPLE in an exclusive statement.
The actress, 30, is indeed a longtime fan of Valentino and has embraced the fashion house’s designs for many years, including when she wed 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 continues.
“I deeply regret any disappointment caused.”