Like I said, January and February are months to stock up on some basics. There is literally nothing else in stores worthy of splurging on until March. That’s when the insanity starts and you start getting Prada-like sombrero hats (well, I probably will). 
A couple of months ago, I attended a Banana Republic S/S 2011 preview and was delighted by the upcoming collection. I’m happy to know that I can always count on Banana when I’m in need of great basics. Every season, Banana mixes up their great perennials with some fresh florals, patterns and accessories.  That way things never get tedious. Alas, I will be providing my picks from the collection throughout the season, starting with this amazing trench. Such a great and affordable alternative to the classic Burberry. 
Check out the superb styling on the runway.
$240 CAD at Banana Republic (also comes in black).