If I’m reading this picture right, this is a convertible coat from Nina Ricci SS11. It looks like the bottom half of the coat is detachable (in a vaguely Bucks Fizz ‘making your mind up’ way) leaving behind something loose, relaxed and somewhat bedjacket-y. Plus the colour palette was inspired by Christian Bérard. I absolutely love it! Day, evening, summer, winter, smart, casual, all boxes ticked. It defies categorisation and therefore, whatever its price, I deem it entirely worth it. Don’t you agree?