Jan. 16 2008, Published 7:09 a.m. ET

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A good investment - go out this week and get a great coat and boots. We've made it past the holiday gift season and the time of year stores stock up for returns and prepare for gift card redemptions and made it to clearance season.

Around this time last year I went to a Soho boutique where I can normally not do much more than window shop and I bought my favorite coat - at 70% of the price it was when I looked at it wistfully the previous November. This winter that kept me warm - as will the deeply discounted black boots I recently bought to shuffle around Sundance this weekend.

Gwen Stefani
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If you're too cold to leave the house because you don't have that great new coat yet, online stores like shopbop are selling designer coats from favorites like Gwen Stefani's L.A.M.B for under $200. ;) xo 


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