Coats have always been my favorite winter accessory. I don't know about you, but new outerwear is bound to make its way into my closet every year. Moncler is my hands down favorite outerwear line, and a brand I turn to time and time again. The quality, style, and femininity is unparalleled -- not to mention warm! Granted, their pieces are pricey, however their coats are timeless and will last you forever. It's a true investment piece and sure to keep you toasty all winter long. This season, I turned to this investment piece, which had been at the very top of my wishlist. I love the rugged military vibes and fur accents of this utilitarian down parka. It can basically be worn three different ways -- with vest attached, vest alone, and jacket without the lining. I love the versatility! The adjustable drawcords at the waist create a flattering shape and keep out chilly wind.