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First Lady Michelle Obama landed in Brazil the other day and, in light of the balmy summer weather in the southern hemisphere right about now, she wore this gorgeous Tracy Reese dress. The rayon-spandex frock is available in a strapless version on the Tracy Reese website for $350 (Obama wore a version with straps) and features "warm-toned diamond borders and tribal-inspired stripes" and a "playful full skirt." [Racked Inbox]