There was an article in Harper's Bazaar (I think), the one with Mischa Barton on the cover talking about mixing inexpensive with expensive and how you should only wear one "it" item. Talked about how Kate Moss is the queen at taking an old T and mixing with a pair of Lanvin flats, etc. Dress so you feel good about yourself.
Exactly! So many people do this, including fashion editors! It's about how you pull your look together. One (or maybe two) standout items mixed with staples looks chic and fashionable.