It's time to put a wrap on the standard skirt fare, literally. Sure, it was all about the retro ladylike full-skirted silhouette this Summer, but come cooler temps, we're taking definitive cues from the Fall 2012 runways. From structural samurai-inspired cuts at Proenza Schouler to a cocoon-like high-low wrap by Lela Rose, and a playful polka-dotted rendition courtesy of Suno, the voluminous skirt trend is taking a backseat to Autumn's formfitting shape. Need more proof of its dominance? We're pretty sure these designers wholeheartedly agree with us. We love the modern feel of this updated skirt — the curtained effect allows for more movement — and hey, a little more leg baring — and its wrapped detailing injects another dimension of texture and interest to your finished look. As far as putting the wrap skirt to the styling test, there's nothing cooler than a chunky knit sweater and ankle boots to complete your ensemble. To get a leg up on Fall's wrap skirt now, just shop our editors' budget-friendly picks below.