2012's Top 15 Fashion Moments on the Red Carpet (and Beyond!)

Gwyneth Paltrow was goddess divine at this year’s Academy Awards in a crisp white column of a dress designed by Tom Ford. Hailing Jackie O’s 1961 inaugural ball gown (and matching cape coat) as the impetus for her decision to wear the dress, it was indeed the floor-grazing cape that set her statuesque look above and beyond the rest.