
Photograph by Kevin A. Roberts; Dress and suit photographs courtesy of Neiman Marcus
Like most shoppers, I’m a deal-seeker. I’ve never paid full price for anything in my life, but I’ve spent a small fortune on a few items in my wardrobe (even after they’ve been slashed 50 percent). With the ever-changing trends and seasons, it can be tough to know where to splurge and where to skimp. The big-ticket items need to get you through many years, so think timeless and high-quality.
• Every woman needs at least one go-to cocktail dress, both elegant and appropriate for multiple occasions. Look for a not-so-standard black, knee-length dress in an amazing fabric with small details—perhaps delicate beading and chiffon, and of course, the right cut for your body—that give it a wow factor. If you find the perfect dress but it doesn’t fit perfectly, the investment in tailoring is just as important as the dress itself.
• Two coats are essential for every wardrobe: a wool or cashmere coat in a neutral color for winter, and a classic trench for the warmer months. A chic winter coat can reach into the four figures (ouch!) but think about how often you wear it—more than 100 days per year. One way to save: Buy at the end of the season, and you’ll nab one for a steal. The trench is the most timeless coat in the history of fashion. Basic khaki or white in a lightweight material will look anything but basic, and if layered properly, can be worn all year long.
• Put your money in cashmere, whether it’s a thin V-neck for spring or a cabled turtleneck for winter. The better the cashmere, the less likely it is to pill and lose its shape. These multipurpose pieces can be worn with a variety of separates, from sleek trousers to pencil skirts.
• Where can a girl skimp? Denim. There’s no need to spend $200 on a pair of jeans. My favorite way to save on high-quality denim is to shop secondhand. The jeans come already worn-in and can be had for less than $30. Similarly,
T-shirts and tanks should never break the bank; think H&M, Gap, and the like. When shopping for T’s, make sure to look for longer styles and material that isn’t sheer when worn. And with so many trendy accessories being offered at low prices, save your big bucks for diamonds. You may only wear that studded owl necklace for a couple of months, so don’t invest your mortgage money in it.
• A classic and tailored suit will reign in your closet forever. Determine whether you look better in a skirt or pants; base your suit choice on what’s most flattering to your shape. Black and navy are the best options to ensure years of use. Don’t be afraid to break up the pair and wear the jacket with jeans or the pants with a cashmere sweater—but always dry-clean both together, so the color remains the same.
• Most important, buy what you love in a great fabric with a wonderful fit. Doing so is always wise—and a sound investment.