Rag & bone's poncho is spun from sumptuous wool that's part recycled and softly draped for an enveloping fit. Patterned with tonal stripes, it has softly frayed edges and a cosy hood for when the weather calls for it. The reversible design means you can swap sides, depending on your outfit. Pair it with Rick Owens legging, a Kenzo tote, knee-length boots and matching jewellery.