One of our favorite fellows—Benjamin Franklin (we kid you not)—once said that an investment in knowledge always pays the best interest. Though he probably intended those words to make the case for enriching one’s education, we see a different sort of significance in his statement. Specifically, we’ve taken his wisdom to mean the following: if we thoroughly research potential purchases and invest in thoughtfully considered pieces, we will get great satisfaction (and wear) from these new additions.
Fortunately, it’s not hard to be careful these days, especially since we don’t have the money or constitution for buyer’s remorse! Instead of racking up random things on our credit cards, we’re carefully making mental lists of splurge-worthy pieces and always have an eye out for the sort of hard-working (but still fashion-forward, of course) items that can add so much to our outfit repertoires. Though there are some admittedly pricey pieces in today’s collection, you’ll get so much use out of each article that their cost-per-wear will end up quite low. Just think of these selections as the foundation of your fashionable wardrobe and know that Mr. Franklin would undoubtedly approve!
1. Quilted Bag
When it comes to handbags, sometimes we turn into lotharios, but who could blame us? There are so many new styles to love—Proenza Schouler’s
insane PS1 collection, Alexander Wang’s
Leather Backpack
, Alaia’s
Weekender Bag—but at the end of the day, the quilted bag is one we always come back to after flirting around. Of course, the key version worth waiting for is Chanel’s
Medium Classic Bag ($2625), as it’s one of the few purses you could carry for your entire life. Of course, you could always just
win a free one instead of saving up by entering our amazing giveaway! Don’t forget to sign up
today (and send to your friends for more chances to win)...
2. Bandage Dress
Some people buy art, others covet cars, but if we were collectors, our passion would be Hervé Léger Bandage dresses. As countless celebrities have shown us time and time again, there’s nothing quite like the tightly wrapped look of a Léger dress. It squeezes you in all the right places and is a showstopper in any style. We picked the
Ombre Bandage Dress
($1590) as our fall investment piece because its stunning shades of gray are simply so cool. You could wear it with a blazer and opaques for a wonderful work look (at least in the creative industries) or with nothing more than a killer pair of heels for night. (Though definitely different, we also like the
Bodycon Dress ($110) by Alice McCall for Topshop, as it has some shared style sensibilities with the beloved bandage dress, but is a fraction of the price.) If the gradation is a bit too memorable for you, start with a basic black
Tank Style Dress
($730) or try the ABS
Bandage Tank Dress
($250) for a similar, simple, less expensive version.
3. Tuxedo Jacket
No matter if you wear it with skinny trousers for a slim take on Le Smoking or throw it on over a pretty party dress, one outerwear option that works with just about anything is the tuxedo jacket. It’s the perfect antidote to a fussy evening wrap and looks equally cool with a tank and jeans, so why not buy a really beautiful one like the McQ Alexander McQueen
Black Tuxedo Jacket ($480)? It will add a dash of French sophistication to any outfit!
4. Cocktail Ring
Statement jewelry comes and goes but cocktail rings are forever in style. While our favorite ones are usually vintage, this Yves Saint Laurent
Arty Dots Ring
($195) is one of the most interesting modern versions we’ve seen in ages. Buy it slightly big and wear it on your pointer finger and you’ll feel chic even on your frumpiest days.
5. Tailored Trouser
Menswear-inspired pieces are a huge trend this season, but they’re also completely classic, so it’s worth searching for a perfectly tailored pair of trousers. This darling tweedy pair reminds us of something Hepburn would have worn (the high waist and wide, cuffed leg) in the seventies (the sailor-style front pockets). Luella’s
Ike Wide-Leg Trouser ($425) are made from a wool/silk blend and are lined in silk, so they’re sure to keep you warm this winter and hopefully many more to come.
6. Black Skirt
We fear what would happen if we didn’t have a few great black skirts to depend on; we’d probably end up going bottomless and would no doubt get arrested for public nudity—a bad scene all around. Fortunately we’ve got a few savvy styles keeping us from the clink, like Topshop’s
Flannel Lantern Skirt ($70). The black flannel mini has a slightly belled shape (very flattering for most figures), can easily be dressed up or down, and is machine washable, so no dry cleaning bills! It reminds us a bit of the Elizabeth and James
Bell Skirt

($365), which is also another excellent variation of this attractive cut. All this said, we don’t want to discriminate, as we love black skirts of every shape and size. A few of our other favorites include: French Connection’s
Cosmic Wonder Skirt ($168), Jenni Kayne’s
Pleated Leather Miniskirt

($650), delia’s
Rebecca Skirt
($38.50), Vanessa Bruno’s
Silk Mini Skirt
($425), and American Apparel’s
Interlock High-Waisted Skirt ($34).
7. White Dress Shirt
We know that we’ve been talking about different white shirts quite a bit lately, but we can’t help ourselves! This fall there have been so many tempting options, but the version we’re investing in is a simple, collared, button-down in the style of Prada’s
White Cotton Shirt ($340) from the runway. One stellar take on the traditional business shirt comes from K Karl Lagerfeld, specifically the
Hermine Cotton Shirt
($220) seen above. The perfectly proper collar will frame your face nicely while the smartly blended material (cotton with a touch of elastane) will keep skim your shape perfectly.
8. Deep Red Lipstick
Closing out our round of seasonal must-buys is the deep red lipstick. Instead of buying a new version of your old-Hollywood-glam red, we think you should update your makeup case with a rich wine color instead, like Giorgio Armani Beauty’s new
Lip Wax ($26) in 6/Deep Chianti. Wear it with a basically nude face (check out the beauty look at Chloe Fall 08 for examples) and a few coats of mascara for a strong, unfussy, sexy style.
hmmm, i'm not so sure that the bandage dress will not go out of style, everyone who wears them looks a bit 'slapper' in my opinion, LL for example, to me its high fashion for playmates, and should be steered clear of unless you are anya rubik. the white shirt look by KL is so frumpy, many better versions could be found, but i get the point. I love the trouser look, very cool.
Posted by: sarah | 2008-11-28 11:53:47
I'm pretty sure everyone understands what an investment piece is and the fact that they are high-quality pieces, but the fact of the matter is that most people simply can't afford to spend $1500 on a dress. Still, it's nice to have a guide to go by.
Posted by: Nicole | 2008-11-27 11:49:06
Investment pieces do not cost fifty bucks. The bandage dress will NEVER go out of style. The tuxedo jacket will NEVER go out of style. Red lipstick. Never goes out of style.....do the cost per wear analysis if you think any of these pieces are expensive and you will find they are actually cheaper than the disposable fashion you buy at H&M or Forever 21. If you don't understand an 'investment' piece then you shouldn't be buying one because inevitably you will be disappointed and wasting your $$$.
Posted by: blinkbunny | 2008-11-25 10:51:46
But they're still expensive, lol
Posted by: Diana | 2008-11-25 08:02:08
Veronica, they corrected it. It used to say "if she’d lived in the seventies."
Posted by: Diana | 2008-11-25 07:43:40
Steph, that's why they're called investment pieces, because you spend a lot of money on quality items to last a lifetime.
Posted by: chrissy | 2008-11-25 04:44:26
these are all sooooo expensive
Posted by: steph | 2008-11-24 20:19:36
i wish i could afford this stuff
Posted by: lianna | 2008-11-24 19:01:01
i love it all! every single item! these are great pieces to invest in because they will never go out of style. i've been wanting a really great tuxedo blazer for months now. Does anyone know where I can get one for under $60? I haven't found one that I truly love yet.
Posted by: carmen | 2008-11-24 16:48:20
Unless they have recently corrected the post, it says 'something Hepburn would have worn in the seventies,' not 'if she lived in the seventies.'
And I think all the pieces are classics, the bandage dress may be a current trend but it's such a flattering style that I think it could be worn for years. Just because things are 'in' doesn't mean they HAVE to go 'out.'
Posted by: Veronica | 2008-11-24 16:33:29
I love the pieces, but shouldn't you invest in classic pieces instead of more trendy items that most likely won't last through the season? exquisillusiore.blogspot.com exquisillusiore.blogspot.com exquisillusiore.blogspot.com exquisillusiore.blogspot.com exquisillusiore.blogspot.com
Posted by: Hadley | 2008-11-24 12:51:10
If you like the bandage dress you can find some similar dresses from BCBG or BCBGeneration for a much more affordable price. Like this one for example http://www.zappos.com/n/p/dp/43675841/c/3.html
Posted by: croft | 2008-11-24 11:25:11
Okay, who ever put this together should get their selves checked. No offense, but the Herve Leger bandage dress is OVER and played out the way Christian Louboutin's are played out. It's a go-to dress (a beacon of unoriginality) when celebrities don't have anything else to wear to an event. The only worthy investment I see here is the Chanel 2.55 (or the quilted bag) bag, because that's something you can keep and wear for a lifetime.
Posted by: Erica | 2008-11-24 09:57:19
I love the dress <3
Posted by: Lina | 2008-11-24 08:01:54
AUDREY Hepburn died in 1993 and KATHERINE Hepburn died in 2003. Is there a third Hepburn that youre referring to when you say she "would have worn them IF she had lived in the seventies?" check your facts or you'll sound like an ignoramus
Posted by: AA | 2008-11-24 07:53:32
Uh, Hepburn DID live in the 70s.
Posted by: Diana | 2008-11-24 07:44:45
I love love love, the dress, skirt from topshop and the bag. So nice. love them all. www.cforchic.blogspot.com
Posted by: Champagne | 2008-11-24 05:16:50
The only thing on this page that could be considered "trendy" by a stretch of the imagination is the bandage dress. A blazer/tuxedo jacket is very classic, as are trousers that are tailored to fit you, those can be worn forever, as well as plain black skirt. Red lipstick is personal preference, but I would hardly call it trendy.
Posted by: chrissy | 2008-11-24 05:05:16
hmmm to me investment pieces are classics, things that you will be able to wear for years to come. while these pieces are nice, the only real investment i see here is the chanel bag and the white dress shirt. everything else is just trendy
Posted by: rachel | 2008-11-24 04:02:06