I recently popped into New York & Co. while waiting to meet a friend. I'm so glad I did, otherwise I wouldn't have fallen head over heels for this Ribbed Sweater with Detachable Cowl ($25, originally $50). Model Lakshmi Menon is wearing it as a spread cowl, but it can be worn many other ways. Throw the collar over your head to create a trendy hoodie sweater or pull the collar to the front for a dramatic cowl look. Or — my favorite part — undo the three buttons that attach the collar to the sweater to reveal a V-neck sweater. Then wear the collar alone as a circle scarf. As if that's not enough, it's super soft. Puts all other sweaters to shame.
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