Giambattista Valli is the new designer for Moncler, the European purveyors of utilitarian but expensive puffer coats for the St. Moritz set. He has added a couture level to this winter's collection and they are unbelievable styled and dare i say architectural which is pretty hard to do with something so squishy. I still think it would be adding the poundage no matter how much lace and sequins you glue to it but it would be cool to own one just for it's sculptural quality