Alice & Olivia vs. Theory - What Brand is Better?

Last week, I posed the question of whether Alice & Olivia or Elizabeth and James should win Battle of the Brands Round 2. Alice & Olivia won and is now in nearly a dead heat with Theory as we’re in the middle of Round 3.

If I needed a standout dress for a party, I’d have to pick Alice and Olivia. (The fiery red dress in the picture below? Yes please!) But if my wardrobe had to solely exist on one brand or the other, I’d go with Theory. There’s no denying they’re both hot:

The winner advances to the Final Four. What brand deserves the spot?