Ask any editor which one fashion item she considers to be the most flattering, timeless and versatile of them all, and we’ll bet you good money she namechecks the trench coat. The typically double-breasted, classically camel-colored topper’s been worn by pretty much every fashion icon under the sun, from Audrey Hepburn and Grace Kelly to Alexa Chung and Gwyneth Paltrow—and every fall, without fail, I pull out my own collection of trenches to help ease the tricky transition from autumn into winter. Lighter than a peacoat yet simpler to slip into than loads of layers, it’s the ideal foil for chilly (but not yet freezing) temperatures.
In short, you need one—or more—in your own closet. Click through above to shop 25 amazing options under $150, from classic tan versions with contrast trims to trenches in bold kelly green, rich oxblood and other unexpected hues.