Lust item: Traford Plaid Fringe Poncho

This Loro Piana "Traford" poncho in plaid with fringe trim features a round, collarless neckline, a wrap front that ties at the side, dropped shoulders, and full cut through long sleeves. The oversized silhouette also has side slip pockets and is made of cashmere in Italy.

At the turn of the 19th century, the Loro Piana family opened its wool business and for decades they supplied haute couture houses with fine fabrics. Today the esteemed Italian company still creates its famous wool, along with its own impeccable designs for both men and women.

Available at Bergdorf Goodman. $5200