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The stand-out fashion moments of 2012

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:

•Michelle Obama and Ann Romney

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.