A peacoat is a winter essential, be it for function or fashion. But these coats often look more like sleeping bags, adding bulk and extra everything everywhere. This Soia & Kyo Alek Coat ($350) is a form-fitting alternative. It pulls in just a bit at the waist, which is more than most outerwear can say. Masculine origins and feminine styling make this coat a new contender for this year's Must Have.
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