The versatile cardigan is back with a knitted vengeance. This classically preppy button down sweater has an updated slim and shapely silhouette sported by Katie Holmes, Hilary Duff and Rihanna.

Luxies, get your paws out of grandpa's closet and onto these. Striped, solid, ruffled or ribbed, here are some styles that won't make you look frumpy or dumpy. Whatever your budget, don't sweat it -- the price of these cardies won't put you in cardi-ac arrest.