Chanel

Blake Lively for the cover of Elle

I know it's Chanel and all - but I'm pretty sure I could find something better to spend my $$$ on than this tattered cardigan jacket from their 2011 spring/summer collection.

I am a fan of Chanel - usually - but it looks like they're trying to steer away from their classic and more conservative looks. I think they took a wrong turn somewhere along the way.

Sidenote: Can Blake Lively look something other than stunning all the time? Jealous.