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Brad Pitt, Isaac Mizrahi, Angelina Jolie
Amy Sancetta  /  AP
Angelina Jolie gets a leg up at the 84th Academy Awards. Jolie's leg, that peeked out of the high thigh-high slit of her Versace gown, was the most exciting appearance on the red carpet.
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updated 12/14/2012 9:48:26 AM ET 2012-12-14T14:48:26

Every year fashion offers up the good, the bad and the ugly. But what the industry is really built on — and consumers respond to — is buzz.

Here are the top moments of 2012 that made our heads turn:

Angelina Jolie at the Oscars
The leg that peeked out of the high thigh-high slit of her Versace gown was the most exciting appearance on the red carpet. The gown fit perfectly into the sleek, simple, sexy mold that Jolie favors, but it was Jolie's picture-perfect pose to expose just enough thigh that launched a thousand memes. Her companion Brad Pitt gets an honorable mention for his scruffy appearance in a Chanel fragrance ad that left many scratching their heads.

Michelle Obama and Ann Romney's matching hues
The wives of the presidential candidates turned out to the second debate between Barack Obama and Mitt Romney in practically the same shade of hot pink. But they weren't by the same designer: Romney's was by Oscar de la Renta, and Obama's by Michael Kors. A potential matching prom dress-style embarrassment was chalked up to timing: October's breast cancer awareness month.

Barack Obama, Mitt Romney
Carolyn Kaster  /  AP
President Barack Obama embraces first lady Michelle Obama on stage after the presidential debate at Hofstra University in Hempstead, N.Y. The wives of the presidential candidates turned out to the second debate between Barack Obama and Mitt Romney in practically the same shade of hot pink.

Marc Jacobs' Louis Vuitton show
Many of the designer runways seemed more of the same — stark stages, thumping music and audiences distracted by their electronic gadgets — but the Louis Vuitton fall catwalk in Paris commanded attention. Models dressed in their very best traveling clothes stepped off a reconstructed retro steam train. Valets carried the vintage-inspired hat boxes and vanity cases. The trip seemed refreshingly refined and modern.

Two-tone Stella McCartney dresses
McCartney, no stranger to the red carpet, has created a style that celebrities can't get enough of. Her ultra-flattering "silhouette" dress has become almost ubiquitous. It features one color on the bodice and back, and a graphic opposite on the sides and sleeves. Kate Winslet has worn several versions, and Brooklyn Decker, Kate Moss, Edie Falco and Liv Tyler have, too. The best turn might have been Jane Fonda at the Cannes Film Festival.

Getty Images
Beyonce Knowles wowed the crowd at the Costume Institute Gala at the Metropolitan Museum of Art on May 7.

Beyonce's back-from-baby body
Some new mothers claim they feel sexier than ever. Beyonce was living proof at the Met Gala, the important industry event co-hosted by Vogue's Anna Wintour. Beyonce's skin-tight, largely sheer — save the bodice beading and feathered fish-tail train — gown by Givenchy announced that Ivy Blue Carter's mom wasn't going to hold back. An honorable mention goes to Jessica Simpson, who dieted her way to a Weight Watchers ad then wound up pregnant again.

007's slim suits
Daniel Craig's wardrobe in "Skyfall" is impeccably tailored — and quite tight. Unlike the James Bonds that came before him who all liked the traditional looser, longer cut of a Savile Row-style suit, Craig, whose wardrobe is created mostly by Tom Ford, takes his suits Euro style with tapered legs and shorter rises. There's no question Craig's super spy Bond will go down in history as one of the best, but it's fair to ask if he could pull off those impressive chases in clothes that tight.

Supermodel reunion at the London Olympics
Gold was the new black at the closing ceremony with a parade of supermodels wearing gilded gowns in a tribute to British fashion. Kate Moss and Naomi Campbell both had on Alexander McQueen, Georgia May Jagger's was by Victoria Beckham, Karen Elson was in Burberry, and Stella Tennant donned a Christopher Kane Swarovski-crystal catsuit. The soundtrack — of course — was David Bowie's "Fashion."

Another supermodel reunion at New York Fashion Week
Alexander Wang's show has become must-see viewing, partly for influential hipster clothes, but also for the model line-up, a who's who of top catwalkers. It was a coup even for him, however, to get the likes of Gisele Bundchen, Carmen Kass, Frankie Rayder and Shalom Harlow, who all very rarely do shows, to walk in February. Start the wish list now of who he'll nab for his debut at Balenciaga next year.

Image: Julianne Moore gives a thumbs down sign after winning the award for outstanding lead actress in a miniseries or movie at the 64th Primetime Emmy Awards in Los Angeles
Lucy Nicholson  /  Reuters
Julianne Moore gives a thumbs down sign after winning the award for outstanding lead actress in a miniseries or movie for "Game Change" at the 64th Primetime Emmy Awards.

Miley Cyrus' cropped cut
When Cyrus cut off the long hair her fans had become used to, she took some heat. She has said (and Tweeted) repeatedly, though, that she was pleased with the new punk-pixie look and was sticking with it. Short hair turned out to be a big trend, with Alicia Keys, Rihanna and Anne Hathaway all ending the year with much shorter locks than they started with.

Julianne Moore at the Emmys
Moore's neon-yellow Dior Haute Couture outfit (really a sweater and ball skirt) spawned a love-it-or-hate-it debate among armchair style critics. What was largely left out of that conversation, however, was that it was Raf Simons' big celebrity debut for Dior, which he took creative control of after the John Galliano scandal. At least Simons can claim the better reviews when it came to his showdown of next-gen designers at historic French houses against Hedi Slimane at Saint Laurent Paris.

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Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Photos: 2013

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  1. Michelle Obama's effortless style

    First lady Michelle Obama looks as sophisticated in designer dresses as she does in outfits from J. Crew. Here is a look at her signature style.

    Michelle Obama wears a chic Narciso Rodriguez suit during a visit to Harper High School in Chicago to talk with students about violence on April 10, 2013. (Nancy Stone / Pool via Getty Images) Back to slideshow navigation
  2. Making movie magic

    Michelle Obama speaks with the cast and crew of the film "42" in the White House on April 2, 2013. From left: actor Harrison Ford, who plays Major League Baseball executive Branch Rickey and Rachel Robinson, widow of Jackie Robinson. (Mandel Ngan / AFP - Getty Images) Back to slideshow navigation
  3. Story time

    Michelle Obama, in white pants and a J. Crew floral T-shirt, smiles as her daughters Malia and Sasha read a children's book to kids during the annual Easter Egg Roll on the South Lawn of the White House on April 1, 2013. (Jonathan Ernst / Reuters) Back to slideshow navigation
  4. Easter stoll

    President Barack Obama and Michelle Obama, wearing a Prabal Gurung dress and coat, walk through Lafayette Park with daughters Sasha and Malia to St. John's Episcopal Church on March 29, 2013 in Washington, DC. (Jim Watson / AFP - Getty Images) Back to slideshow navigation
  5. Pre-Easter celebration

    Michelle Obama, wearing a J. Crew sweater set, and first family dog Bo participate in a pre-Easter celebration with military families and children at the Fisher House, Walter Reed National Military Medical Center, in Bethesda, Maryland, on March 20, 2013. (Jewel Samad / AFP - Getty Images) Back to slideshow navigation
  6. Cover girl

    Mrs. Obama appears on the cover of the April issue of Vogue, which hits stands on March 26, wearing a Reed Krakoff dress in pictures by famed photographer Annie Leibovitz. (Annie Liebovitz / Vogue via Getty Images) Back to slideshow navigation
  7. Portrait of a lady

    The White House unveiled a new official portrait for first lady Michelle Obama for the President's second term. This photo was taken in the Green Room of the White House on Feb. 12, 2013. (Chuck Kennedy / The White House) Back to slideshow navigation
  8. State of the Wu-nion

    Prior to President Obama's State of the Union Speech on Feb. 12, 2013, Michelle Obama gives a thumbs up in a black-and-crimson Jason Wu dress. (Jim Bourg / Reuters) Back to slideshow navigation
  9. Gorgeous in green

    The president and first lady attend the National Prayer Breakfast in Washington, D.C., on Feb. 7, 2013. Michelle Obama wore a classic conservative green wool dress with a sparkly brooch. (Chris Kleponis / Pool via EPA) Back to slideshow navigation
  10. Wu-ing crowds once again

    For the second time, Michelle Obama opted to wear a Jason Wu dress to her husband's inaugural festivities in Washington, D.C., on Jan. 21, 2013. She accessorized the ruby-colored chiffon and velvet gown with a handmade diamond embellished ring by jewelry designer Kimberly McDonald and shoes by Jimmy Choo. Here, she waves to attendees at the Commander-in-Chief's Ball. (Rick Wilking / Reuters) Back to slideshow navigation
  11. Prim and proper

    President Barack Obama, right, and first lady Michelle Obama watch the Inaugural parade down Pennsylvania Avenue in Washington with their daughters, Malia, left, and Sasha, not pictured here, from the presidential box near the White House on Jan. 21, 2013. Mrs. Obama is wearing a Thom Browne dress accompanied by a Reed Krakoff sweater and Cathy Waterman earrings. (Gerald Herbert / AP) Back to slideshow navigation
  12. Sparkling and sophisticated

    First lady Michelle Obama and Jill Biden are seen as President Barack Obama speaks to supporters and donors at an inaugural reception for the 57th Presidential Inauguration at The National Building Museum in Washington on Jan. 20. Michelle wore a black sequined Michael Kors boat neck dress. (Charles Dharapak / AP) Back to slideshow navigation
  13. A private ceremony

    President Barack Obama, left, takes the oath of office for his second presidential term on Sunday, Jan. 20, 2013 in the Blue Room of the White House. First lady Michelle Obama, center, holds the Bible and daughter Malia looks on. Mrs. Obama is wearing a navy blue dress and cardigan by American designer Reed Krakoff. (Larry Downing / Pool via Getty Images) Back to slideshow navigation
  14. Relaxed and stylish

    First lady Michelle Obama, center, and her daughters Sasha, left, and Malia. right, appear onstage at the start of the Kids' Inaugural concert for children and military families on Jan. 19. Mrs. Obama wore a white Alexander McQueen shirt and black pants to the event, which was emceed by Nick Cannon and featured performances by Katy Perry and Usher. (Jonathan Ernst / Reuters) Back to slideshow navigation
  15. Day of service

    First lady Michelle Obama paints a bookshelf at Burrville Elementary School in Washington, D.C., during a Day of Service on Jan. 19, 2013. At the volunteer event, which was part of the 57th presidential inauguration weekend, Mrs. Obama wore a flattering casual outfit and showed off her new bangs. (Jewel Samad / AFP - Getty Images) Back to slideshow navigation
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  1. Image: Michelle Obama Visits School To Address Youth Violence In Chicago
    Nancy Stone / Pool via Getty Images
    Above: Slideshow (16) Michelle Obama's effortless style - 2013
  2. Image: President Obama and Family spend Holidays in Hawaii
    Kent Nishimura / Pool via EPA
    Slideshow (52) Michelle Obama's effortless style - 2012
  3. Image: U.S. President Barack Obama and first lady Michelle Obama step aboard the USS Arizona Memorial where they tossed flowers into Pearl Harbor
    Jason Reed / Reuters
    Slideshow (61) Michelle Obama's effortless style - 2011
  4. Image: First Lady Michelle Obama Presents National Medals For Museum And Library Service
    Alex Wong / Getty Images
    Slideshow (54) Michelle Obama's effortless style - 2010
  5. Image: Carrie Underwood, Michelle Obama, Oprah Winfrey, Tyra Banks
    Anonymous / AP
    Slideshow (49) Michelle Obama's effortless style - 2009
  6. BARBARA WALTERS, BARACK OBAMA, MICHELLE OBAMA
    George Burns / AP
    Slideshow (13) Michelle Obama's effortless style - 2008

Video: Beyonce bares post-baby bod at A-list gala

  1. Closed captioning of: Beyonce bares post-baby bod at A-list gala

    >>> oscars of the east coast , the metropolitan museum 's costume gala here in new york where the world's fashion designers and stars dress to impress, sometimes even shock on the red carpet . giuliana rancic was there last night covering the action. nice to see you.

    >> good morning. matt lauer was there last night.

    >> you were actually covering it.

    >> i was.

    >> a lot of risk takers there.

    >> we got to start with beyonce. did you guys see this dress?

    >> strategically placed yes.

    >> it was very revealing this dress. and she actually arrived very fashionably late. she was the last one on the red carpet . but when you're wearing a dress like this you're allowed to be the last one on the red carpet .

    >> was it see-through top to bottom?

    >> look at that. yes, it was all there. so she was definitely showing off that post-baby body in this kind of, you know, puddle of feathers. it was quite a statement.

    >> yeah. what else stood out to you.

    >> carolina kirkova, she's a victoria's secret model. she was with rachel zoe wearing rachel zoe . i thought this was a stunning dress. the turban on the other hand, some people weren't big fans of. i thought it was gorgeous. if you're going to wear a turban anywhere, the met gala is the place to do it. so she just looked so statuesque and stunning.

    >> big hairdo that's making a lot of buzz i guess is tom brady 's. a guy.

    >> i know, right. usually we look for the women for crazy hair and wild hair. yeah, okay. so it's kind of off to the side a little bit. i know. what do you -- as the men here? it looked a little bit --

    >> no matter what he wears

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