LOS ANGELES (Reuters) – Actress Gwyneth Paltrow was named the "World's Best Dressed Woman" of 2012 by People magazine on Wednesday, wowing the celebrity magazine with a simple elegant style that avoids some of fashion's quirkier trends. The Oscar-winning actress, 39, and wife of Coldplay frontman Chris Martin, headed a list of the year's style mavens that included Prince William's wife Kate, R&B star Rihanna, and the Kardashian family of TV reality show fame. …

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