BIGGEST HYPE AWARD
There's no doubt that 2007 was the year when the British woman took to the streets - not to protest against atrocities in Burma, but to get her hands on the latest overhyped product.
That I Am Not A Plastic Bag Anya Hindmarch shopper, launched with a huge amount of hubris in March, provoked long, excited, quite smug queues outside Sainsbury's, despite accusations the environmentally friendly shopping bag was, in fact, manufactured in sweat shops.
The opening of Primark's flagship store on London's Oxford Street brought back memories of the last time the Osmonds played Wembley, but helped the store finally to leapfrog Asda to become Britain's biggest retailer of value fashion.
Anya Hindmarch sells one of her canvas holdalls to a happy shopper. But was it made in a sweat shop?
They are both worthy contenders for this award, but it has to go to the launch of the Kate Moss collection at Topshop.
Along with 4,000 equally deluded women, I joined the orderly line in Oxford Circus back in April for my allotted 20 minutes of feverish panic buying, only to be disappointed by the poor quality of the fabrics and the shoddiness of the designs - cut-off denim shorts, anyone?
How about a hideous yellow-andblack striped trouser-suit and matching waistcoat that made its wearer resemble a big-bottomed bee?
The Kate Moss debacle heralded, too, that most heinous of trends this year: the £200-plus, mass-market High Street frock.
THE LABEL WE LOVED
Befitting its diamond anniversary status, Dior proved it still sparkles after all these years.
DIOR: The label we loved: Still sparkling after 60 years, this fashion house is a true classic
The multi-million-pound party held in the gardens of Versailles after John Galliano's tribute to 60 years of the house of Dior featured a recreation of the 1947 New Look "Bar" suit, modelled by none other than Gisele Bundchen - oh, how I have missed those brown, spherical breasts.
There was the biggest paella in the world, not a bite of which was touched by the cadaverous guests, who partied long into the Parisian night to a flamenco band.
BEST HIGH STREET-CELEBRITY HYBRID
You could hardly move in a High Street store this year for the celebrities who had decided to dabble in design. But the Madonna collection for H&M left much to be desired. My cream wool pencil skirt was so flimsy my knickers could still be seen through it, and the sizes were all over the place: I could barely get into a 12 when I am, in fact, a 10.
Young shoppers clammer for a Giles Deacon piece at New Look
We also saw far too many collaborations between high-end designers and the High Street. Giles Deacon for New Look was a triumph as he really seemed to understand the needs of his very young customers.
On the other hand, the Roberto Cavalli collection for H&M merely looked cheap and nasty, with too much synthetic leopard-print on show.
I started to believe that, far from bringing great design to the masses, what we were seeing was an excuse to hike prices as high as this year's micro-minis.
BEST HIGH STREET BRAND
I actually started to like Cos, the more upmarket sister of H&M, which this year gave us simple, wearable, grown-up clothes that could be worn to the office, if not on a hot date.
My best buy of the year had to be the really thick, deliciously sexy, ridiculously cheap trenchcoat from Uniqlo.
But despite these strong contenders, and a commendable new organic clothing range from Tu at Sainsbury's, this prize has to go to M&S.
Marks & Spencer: Antonio Banderas, Twiggy, Laura Bailey, Elizabeth Jagger, Erin O'Connor and Noemie Lenoir have all been signed to front M&S fashion
It not only signed the British bluestocking Lily Cole as its new "face", but came up with the year's ultimate must-haves: a Miu Miu-esque chiffon baby-doll for £49 that I have worn - to oohs and aahhs - to all my Christmas parties this year, and that shortsleeved, supple-as-Trudie-Styler black leather dress for a very reasonable £149.
MOST OVERPRAISED BECAUSE-WE-WANT-SIENNA MILLER-ON-OUR-COVER NEW COLLECTION
This had to be the Twenty8Twelve clothing line 'designed' by the aforementioned actress and her sister, Savannah.
Hot on its heels, though, was the launch of The Row, the expensive new line by the vomit-inducing American actresses, the Olsen twins, which prompted this hilarious eulogy from New York Magazine:
"Mary-Kate is both glamorous and Bohemian, eccentric and studied, and once she enters the room, it's sort of impossible to look away.
"Her look - both an unmistakable signature and a kind of disguise - has been so widely emulated that it's stunning to see the original in action."
The best and worst of 2007
MOST UNWEARABLE TREND
Ooh, there were so many. How about very high-waisted, very wide trousers which only look good on Lauren Hutton? Or floral maxidresses, revived by everyone from Laura Ashley to Tesco, which made me resemble a superannuated milkmaid?
Ugly Betty inspired acid orange and green clothing
Or the body-conscious dress, first made popular by 2007's British Designer of the Year Christopher Kane, who unhelpfully made his in fluorescent colours highlighting all your lumps.
But I the trend for 'ugly' fashion really took the Ryvita. Bulky coats made from skinned gonks, in nuclear waste green and acid orange, and skirts with furry fronts, took the Ugly Betty look to new depths.
This trend was an antidote to the autumn's sea of boring, grey tailoring, but really looked good only on the very young and the very beautiful. Top marks, though, to Miuccia Prada, who embraced the trend for fun, teddy-bear fur with gusto, joining Vivienne Westwood in vowing never to use real fur again.
MOST UBIQUITOUS ACCESSORY
After the BlackBerry, it has to be the wide corset belt, embraced by designer brand and High Street store alike.
Last year, after what seemed like decades of the hipster trouser worn beneath the all-forgiving voluminous smock, all the big designers insisted we rediscover our waists.
Alas, due to lack of use, the modern female body had already evolved without the need to go in beneath the rib cage and there were cries the length and breadth of the country of: "I don't have a waist! Where is it meant to be?"
The corset belt seemed to be the answer to our prayers. But there are no easy roads to beauty, and instead the poor pear-shaped British woman merely resembled an overpumped Lilo in the jaws of a ferocious beast.
MOST OVERPRICED BAG
If you ask me, most handbags are not only ludicrously large, but shockingly overpriced.
It is as if we have all been brainwashed, so that when a new bag comes along - the Nancy, say, designed by Tory leader David Cameron's wife Samantha for Smythson - and it comes in at under £1,000 we all go: "Hmm, how cheap."
The prize, though, has to go to the £5,000 crocodile bag by Zagliani, "helpfully" pre-injected with Botox (yes, really) to keep it supple, highlighting not only a worrying trend for bags that cost more than a family car but also for using skins from crocodiles (as well as pythons).
BEST NEW STYLE ICON
Should this go to Keira Knightley? Despite a BMI that would rule her out of catwalk work in New York and Milan, she emerged this year as an assured beauty, choosing soft pink Chanel for the premiere of Atonement, the film that gave her that rare honour: simultaneous covers of both American and British Vogue.
Agyness Deyn was a hit on the catwalk this year
Kate Middleton, too, after a few mistakes, such as that far too frumpy wrap dress from Topshop in the summer, emerged conker-smooth haired and sexily confident - if only she'd lose those faded black suede boots.
But for me, Agyness Deyn, who used to work in a chippie and has now usurped Kate Moss as the face of Burberry, as well as being named Model Of The Year at the British Fashion Awards in November, is a welcome shot in the no-muscle-definition-at-all fashion arm.
Not remotely skeletal or difficult, she deserves a career as long as her legs.
Stella McCartney, named Best Designer at the British Fashion Awards, and who has gone from strength to strength.
I coveted her oversize tuxedos, taupe safari jackets, skinny cardis and dresses fashioned from silk voile, crepe de chine and parachute silks. I also appreciated that she tried, unsuccessfully, to set me up with her dad.
I also loved Balenciaga's equstrain-meets-back-to-school collection.
I have never really understood the fashion pack's mania for Marc Jacobs - I mean who really wants to wear a polkadot prom dress?
Jaeger, championed first by me on these very pages, became the latest British institution to enjoy a new lease of life, seeing increased sales of nearly 400 per cent, and even being worn out on the town by Kate Moss.
A label worn by Kate Moss and my mum. Surely a fashion first.
BIGGEST FASHION FAUX PAS
So many to choose from. What about the moment supermodel Karen Mulder baulked on the Dior catwalk like a horse at Beecher's Brook, so high and unwieldy were her shoes, and had to be helped to walk by a minder?
Or when Kate Moss's vintage gown was ripped to shreds at the V&A couture exhibition party? Or Britney Spears's shorn hair?
MOST MUTTON-DRESSED-AS-LAMB MOMENT
Should this go to the Spice Girls, whose Roberto Cavalli outfits served only to highlight that pop years are equivalent to dog years, or to the puffball skirts, knee-high socks, T-shirt dresses and wedges worn simultaneously by Sarah Jessica Parker in the upcoming film of Sex And The City - a film set which, given the number of sneaked photos, has as many leaks as Thames Water.
Liz Jones thinks Cavalli's outfits do the Spice Girls no favours
THE MOST SORELY MISSED
We said goodbye to a few fashion legends in 2007. Valentino bowed out after 40 years of designing exquisite red-carpet gowns, as did Gianfranco Ferre, the great big bear of a man who died in June and who eschewed gimmicks and trends.
The Jean Muir label, which had soldiered on since Muir's death in 1995, finally closed for business in April.
And, of course, we will miss the legendary stylist Isabella Blow, who committed suicide in May at the age of 48. She was a breath of fresh air in an increasingly safe, corporate world.
Less sorely mourned, though, will be the skinny jean. DVT, RIP. Long live opaque black tights!