The winner of this week's Project Runway was a paper trench coat. The assignment was to deconstruct the Los Angeles Times and show that the text indeed has more than one interpretation. I loved Irina's trench and in fact, I love most trench coats—historically fashionable. Fabulous on Kate Moss in Burberry, Jackie, Catherine Deneuve and Francoise Hardy. For a recession-proof version, Old Navy has a dandy little trench this season for $49.