Fernando Lucena/startraksphoto.com

WHAT SHE WORE Olivia Palermo sipped Alize Coco at the beverage launch in a printed skirt, ruffled blouse, blush topper and peep-toe lace-ups.

WHY WE LOVE IT We'd like to raid the stylish star's closet for this adorable coat alone!

CELEBRITY: Olivia Palermo

TREND: Coats

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Olivia Palermo

Olivia Palermo looked lovely in her layered ensemble