We typically see socialite Olivia Palermo in fancy frocks and shiny sandals, so her casual appearance at the opening of 7 For All Mankind's NYC boutique is a welcome change. A striped cardigan, no matter what color, has the ability to inject a dash of sportif into any outfit. Without the black and white cardi, Olivia's ensemble would have been just fine; but with it, she exudes nonchalant chicness. Stripes and cardigans are unlikely to go out of style, so put the two everlasting trends together and it's fashion magic.

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