Courtesy of Decadestwo

The following is a guest post from one of our favorite shopping destinations, Decadestwo.

We are cuckoo for Coco—Coco Chanel that is! Once stating “simplicity is the keynote of all true elegance,” she single-handedly revolutionized womenswear with simple and borrowed-from-the-boys silhouettes that were functional as well as fabulous. Coco created the famous 2.55 handbag after growing tired of carrying her purse in her arms and wishing for a more practical tote with shoulder straps. She fabricated sportswear in fluid, yet practical jerseys and introduced ladies suiting with a vengeance, employing fabrics such as Scottish tweeds and our personal favorite: bouclé. Looped and textured with a thick and luxurious feel, a Chanel bouclé jacket is not only an essential item for any girl’s wardrobe, it’s an investment piece. (The value of Chanel bouclé jackets appreciate over time.) We’ve picked this chic Chanel bouclé jacket for our must-have of the week, available exclusively through InStyle.com. Find out how to get it after the jump!

Crafted in a signature multi-colored bouclé, this jacket hails from the Spring 2004 collection and features signature Chanel touches such as raw edging details, logo encrusted buttons and silk camellia lining, as well as added extras like a red crocheted collar and cuffs. It’s available in a size 38 and priced at $1650 (originally retailed for approximately $3225). For further information or to purchase, please contact: lizzy@decadestwo.com.

We’ll also be posting our entire Chanel collection, curated by Christos Garkinos and the Decadestwo team, on Hautelook.com starting today through May 13th. Check it out!