In times like these, you want to look for good investments. So if you can only make one outerwear purchase, make it trench. They never go out of style.

My fave from Milan? The classic beauties at MaxMara.

(clockwise from top left) Versace, Burberry Prorsum, Moschino Cheap & Chic, Blumarine, Prada, MaxMara

Photo Credit: Style.com