Then: In the late '70s, designer Yves Saint Laurent introduced the peasant look. Wide collars, camisoles, silk blouses and jumpsuits were key items. Top models included Cheryl Tiegs, Lauren Hutton and Margaux Hemingway (inset, photographed by Bruce Weber for Chatelaine).
Now: The shape of the moment is an updated version of the billowy rain cape. It's slightly more tailored and features a wing cut.
Coat, $695, Pink Tartan. Pants, $124, Banana Republic. Shoes, $128, Ann Taylor.