10 Items You Need to Own in 2012

Tangerine is the official shade of the Spring 2012 season. (At least according to the experts at Pantone.) Try on a citrus-colored coat for major impact, or start small with an orange carryall or chiffon top.

Feminine peplums whittle your waist and accentuate your curves—what's not to love?

Chanel never fails to set trends with their groundbreaking nail colors. For Pre-Fall 2012, they're releasing a shimmering golden shade called Diwali—meaning gilded digits are gonna be huge in the coming year. In the time being, try this shade from Deborah Lippman.

LWDs have been sharing the sartorial spotlight with LBDs for several seasons now, a development sure to continue well into 2012. It's definitely time to pick up your first—or add another to your closet.

Athletic accents and silhouettes were all over the spring runways. A mesh tank, tee or topper in a statement shade is an easy way to work the sporty look into your own wardrobe.

Popular neons are taking a backseat to rich pastels as we head into 2012. Slip into a double-breasted or boyfriend-style blazer in mint green, lemon or cotton-candy pink.

As we head into a new year, it's time to streamline your routine. A sleek little clutch is perfect for carrying your essentials. And textural finishes like raffia or woven leather are particularly on-trend.

The classic Bianca Jagger-esque pantsuit is getting abbreviated. In pretty pale hues or bold florals, a tailored jacket and cropped shorts make a perfect pairing.

Modernized with sleek straps and narrower heels, the stiletto's comfier cousin is having a moment.

When stocking your closet with new party dress options for 2012,  look to the Roaring Twenties. Fringed, beaded and drop-waisted styles will have you channeling Daisy Buchanan in no time.