Cristóbal Balenciaga's sharply sculpted Hourglass coat will always be a fashion classic, and we think that Demna Gvasalia has done a fine job of updating it for the modern woman. Impeccably constructed in Italy from wool blend, the double-breasted design works an all-black colorway with coordinating logo buttons, and – most crucially – padded hips and shoulders that work to create an enviable silhouette.