BUY Louis Vuitton's Big Cashmere-and-Silk Scarf

Why? Because choosing one smart accessory allows you to tap into the current '80s revival (in this case, LV's punchy leopard print with Stephen Sprouse's distinctive rendering of the house name) without investing in another handbag. This stole will look great all winter, be useful next spring, and, if cared for, provide years of service on long plane trips or cool evenings near the shore. As an added bonus, you can take advantage of its size (4½ x 6½ feet) by tossing it over the back of a sofa whenever you're not wearing it. That's versatile!