Balenciaga's poncho is a chic alternative to jackets on cooler days. Made from a cozy blend of wool and cashmere, this hooded piece is trimmed with delicate fringing and has an asymmetric, draped hem. We like it styled with a simple T-shirt and jeans.

Shown here with: Balenciaga Sweater, Balenciaga Jeans, Balenciaga Boots, Balenciaga Pouch.

• - Gray wool and cashmere-blend
• - Slips on
• - 75% wool, 25% cashmere
• - Dry clean
• - Designer color: Lead
• - Made in Italy