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Apparently the bag-lady look is tres chic.

Mary-Kate Olsen is a fashion icon, according to The New York Times, for making the “homeless” style look hot by wearing “a cashmere muffler, a Balenciaga lariat bag and of course her signature carryout latte from Starbucks.”

Stylist Karen Berenson told the paper that Mary-Kate “makes skinny girls in baggy clothes look cool.”

While we all may not be able to afford the designer handbag, certainly a coffee–even a pricey Starbucks one–is within any fashionista’s budget.

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Edited by RedEye staff (ritaredeye@tribune.com)