Don't call it a vest: The trenchcoat sans sleeves is a modern girl's BFF hybrid piece of outerwear. Layer it over casual separates to create an instant ensemble, or wear it with something barely there to get the look of a wrap dress instead. Theory's version costs $535 at Intermix, while the look for less is just $49.95 elsewhere. Can you guess which sleeveless trench costs more? Click a link below to find out!
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