Oversized outerwear is a key component to Balenciaga's directional aesthetic in recent seasons, and this red quilted jacket offers an easy way to tap the trend. It's shaped with a high neck and long sleeves that end in ribbed-knit cuffs, and features a detachable bungee-cord hood and coordinating cord-fastening hemline to ensure outstanding insulation. Try it layered over the house's relaxed separates and coveted Knife boots.