Created: 23:11 BST, 21 December 2008
CHERYL COLE 'We know we shouldn't love her but we do' award: Flash back a couple of years and Cheryl was nowt but a Geordie from the bad part of Newcastle with the velour tracksuit to prove it. What a difference a year makes. Go on, girl
For better or worse, they are the images of 2008 you just can't shake: Helen Mirren looking fabulous at 63 in that bikini on a beach in Puglia, and Madonna off the (style) rails in that Louis Vuitton feather dress.
And then there was Angelina Jolie looking dreamy in green on the red carpet despite being heavily pregnant, and Heather Mills McCartney popping up as Sir Paul's worst nightmare in a three-piece patchwork suit of her own design at the divorce court.
And who would have thought back in January that a member of Girls Aloud could make us envy her dress sense as well as her dress size? Step forward Cheryl Cole, the X Factor WAG who has won us over with her glamorous yet stylish look.
Others we 'oooh-ed' and 'aaah-ed' over this year include France's First Lady Carla Bruni-Sarkozy (though perhaps it was a no-brainer that a former supermodel would look so good in head-to-toe Christian Dior) and Gwyneth Paltrow's red carpet reinvention in ultra-short dresses and skyscraper heels.
Another big success was Cate Blanchett, still rocking edgy looks from Balenciaga and Alexander McQueen only months after giving birth to her third son.
And the losers in the style stakes? Madonna for showing us that turning 50 and filing for divorce in the same year can seriously mess up your style (here's hoping she gets back on track next year) and Katie Holmes for letting us know that having it all (Tom, Suri - and Posh as your new best friend) can have a seriously ageing effect on your wardrobe.
Plus, Victoria Beckham for supporting the worst in designer excesses (if she wears only her own label from now on the fashion world will be in trouble) and Anna Wintour (in that Karl Lagerfeld-designed Chanel Haute Couture number at The MET's fashion gala in New York) for proving that even when you are the all-powerful editor-in-chief of American Vogue, you can still make a major style slip-up.
The style icons we all wanted to copy ...
ANGELINA JOLIE Yummy mummy-to-be award: Bad enough that she looks fabulous on a day-to-day basis, but heavily pregnant? Sorry folks, but Angelina - skinny, pregnant, curvy, clutching adopted infant, whatever - is always chic
GWYNETH PALTROW Red carpet reinvention award: Her style history is littered with hits and misses, but this year she officially landed as style maven. Let's just call it the year of the legs. Those legs! Good job, Gwyn
DAME HELEN MIRREN Best bare-all award: A vision in red, dazzling on the coast of Puglia. Proof that at 63 you can still rock a two-piece and give those twentysomething starlets a run for their money
CATE BLANCHETT Back to size 8 in no time at all after having a baby award: The actress gave birth to her third baby boy in April this year - but soon looked as svelte as ever on the red carpet. What's her secret?
CARLA BRUNI-SARKOZY First Lady award: On her first official trip with her new husband, Carla dazzled London with her Christian Dior ensembles. She even made flats sexy. Carla, we salute you
JO WOOD Most 'rocking' rock chic award: Who needs a rock star husband? Not Jo Wood, that's for sure. Mrs Wood has emerged from the break-up of her 20-year marriage with fighting talk, and hot style to boot. Eat your heart out, Ronnie
MARY-KATE AND ASHLEY OLSEN Stylish siblings award: These two have not only set up two formidable fashion labels (The Row and Elizabeth and James), their own personal style runs from vintage paired with designer, thrift store and couture
THE QUEEN Most unlikely style icon award: With her unfaltering devotion to matching outfits, Elizabeth II is a fine example of knowing your style - and sticking to it
AGYNESS DEYN Coolest off-the-catwalk award: With her punky platinum cropped haircut, quirky style and gamine glamour, 2008 has been the Year of Agyness Deyn
BLAKE LIVELY TV style award: The powerbrands and designers are in a frenzy over Blake, the teen lead in U.S. TV show Gossip Girl. Leave your images of grungy teens at the door
The 'what were you thinking?' brigade ...
MADONNA 'I'm sorry but you've lost the plot' award: Oh dear, here's one for the style therapist. A public divorce is manifested as one of Madonna's biggest style mistakes to date. Those green feathers! Those fishnets! Those ankle straps! All so wrong
VICTORIA BECKHAM Credit crunch, what credit crunch? award: Poor Victoria clearly never got the message 'Less is More'. Witness her Roland Mouret ensembles, her devotion to ubercoordination and her inability to dress down even for shopping in a mall
HEATHER MILLS Worst 'I designed it myself' award: Good to know that even millions in the bank don't buy style. This tweed patchwork tailored extravaganza of bad taste is one of Mills's worst style offences
ANNA WINTOUR Faux pas in fancy dress award: What on earth is happening when the editor of U.S. Vogue makes an error of such proportions? OK, so the theme was superheroes, but there is no need to be so literal
MISCHA BARTON What were you thinking? award: The O.C. saw Mischa rocking Chanel bags, minidresses and stylish ensembles galore. How far she has fallen. Come on Mischa, pull it together!