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Gretchen Mol in Banana Republic

Saving Lace

...from the fate of a thrift-shop dinosaur, contemporary designers are using it in totally accessible styles like this nicely priced black pencil skirt (Banana Republic, $110). It's lined with blush satin, which brings out the beauty of the pattern (and spares you anxiety about the right lingerie), and supplied, rather surprisingly, with pockets, which make the skirt feel more like sportswear. Count on it to bring freshness and delicacy to anything you wear, whether that's a drapey silk blouse (Vince, $195) or, more informally, a turtleneck and opaque hose. 

Earrings and bracelet, R.J. Graziano. Watch, Baume & Mercier. Shoes, Dani Black

 
From the December 2008 issue of O, The Oprah Magazine
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