Year in Review 2012: Red Carpet Fashion Highs & Lows

Take a look back and see which stars brought the glamor and who floundered with fashion faux pas in 2012. At this year's Academy Awards, Emma Stone’s striking red Giambattista Valli gown was one of the boldest looks of the evening. With it's bright fuchsia color and big, dramatic bow, we'd say the red carpet risk paid off. Click to see more great looks from this year's red carpets.

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