While exiting Sirius Radio Studios in NYC, Elizabeth Olsen rocked a red velvet The Row suit that's totally reminiscent of the red velvet Tom Ford suit Gwyneth Paltrow wore back in 1996! We have to admit, it takes major fashion guts to wear head-to-toe velvet, but clearly Elizabeth has it. Completing her bold look are a white button-down blouse, Jimmy Choo's Lewis pumps, a black leather Chloe bag, and vintage-inspired tortoise sunglasses. If an entire velvet suit is too much velvet for you, why not dabble in the trend via just one piece? You can don a colored velvet blazer with black pants, or bright velvet pants with a black wool blazer. To get velvety à la Elizabeth Olsen, shop our favorite velvet blazers and pants below.