Tobi - MK2K 1/4 Sleeve Sweater Coat

Tobi - MK2K 1/4 Sleeve Sweater Coat

A coat, a dress, or both? Does it even matter? I think a wardrobe should be built on staple pieces that can easily be intermixed and worn different ways. Chloe wears a double-breasted dress here, but why not try something more versatile for off of the red carpet?