A few days ago in New York, I got a sneak peek at the just-launched Alexa Chung for Madewell collection—and even better, I met Alexa herself (effortlessly cool, naturally) wearing this sheer dress and this horsebit link (very vintage Gucci-looking) belt from the line. The collection is a love letter to New York City and Alexa's own treasure-trove of vintage finds: lace-trimmed slips, crisp and truly perfect striped blouses, and easy, borrowed-from-the-boys layers that feel like they've lived a life or two already. It's downtown cool distilled—wearable, timeless, and just the right amount of undone. I love the belt (nearly sold out, of course!), the fringe leather jacket (not too fringe-y!), this classic pea coat, this ribbed-trim sweater, and, all day every day this hooded sweatshirt. Shop the entire collection here!