Vogue editor Anna Wintour pauses as she departs the memorial of of late fashion designer Oscar de la Renta in New York, November 3, 2014. [Photo/Agencies]

The fashion world fell for Lupita Nyong'o: It was a huge year for Mexican-Kenyan actress Lupita Nyong'o. Not only did she win an Oscar for her role in 12 Years A Slave, but she also scored a contract with Lancome, starred in a campaign for Miu Miu and won over the entire fashion world with her style. Her playful take on red-carpet dressing made awards season a delight－and won her stylist, Micaela Erlanger, a third-place slot on The Hollywood Reporter's 25 Most Power Stylists 2014 list. Her stylish few months climaxed at the Academy Awards, where she wore a beautiful sky blue Prada gown inspired by Elizabeth Taylor, Champagne bubbles and her Kenyan heritage.

Ghesquiere made his Louis Vuitton debut: One of the most highly anticipated fashion shows in recent years took place in March, when Nicolas Ghesquiere presented his first collection as creative director of Louis Vuitton, where he succeeded Marc Jacobs. The autumn/winter 2014 collection was a resounding success, and one particular little bag won the storied brand a whole new legion of fans－meet the Petite-Malle...