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Edited by on February 9 2009 at 11:30 AM

MOMENT OF STYLE: Mary Kate Olsen

Are quilted leather jackets cool?

They are now!

Mary-Kate Olsen looked warm and stylish Thursday at Saks in NYC.  The store was celebrating the opening of its new fifth floor.

That bag has been pictured with her everywhere lately; it’s Alexander Wang Fall 2009, and, no, you can’t even buy it yet.

Photo from MKAshley.

Story by Andy Wass

Cheers: Mary-Kate, Karl Lagerfeld, grunge, gypsies, birds ----- Jeers: Ronsons, neon, ombre, gold, pants