The Elder Statesman's hooded poncho is a must-have for fall. Crafted from a luxe blend of cashmere and silk, it has a loose fit that's perfect for layering over tanks or turtlenecks. We also like it as an alternative to a lightweight jacket.

Shown here with: Alexander Wang Jeans, Loeffler Randall Shoulder bag, Golden Goose Deluxe Brand Sneakers, Larsson & Jennings Watch, Kenneth Jay Lane Ring.

• - Light-gray cashmere and silk-blend
• - Slips on
• - 65% cashmere, 35% silk
• - Dry clean