I've been crushing on ponchos and over-sized sweaters this season. Easy to wear and pair with leggings, denim or leather. Make sure to choose a bottom with a slim fit to balance out the top heavy silhouette. Since my poncho is muted, I like the leather detail around the collar. You can also add detail with a printed or fringed poncho.
Jacket: Barbour ; Legging: Spanx; Poncho: Massimo Dutti; Boots: Tory Burch (similar here); Watch: Michele; Bracelets: David Yurman, Alexis Bittar; Earrings: Sheila Fajl; Sunnies: Tory Burch