One True Thing: The Summer Raincoat

The Want: A lightweight trench coat with feminine flair. It should keep you dry during pesky summer rains and be smart enough to wear on crisp sunny days. Think Katharine Hepburn, not Mary Poppins.

The Get: Gryphon's Studded-Belt Trenchcoat ($480, The timeless double-breasted coat is updated with two removable belt options for a more flattering silhouette. The water-repellent twill and shoulder storm flap will save you on a rainy day, while the A-line hem and the epaulet shoulder details ensure a look that will be a go-to for rainy seasons to come.

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