Wool suits are a businesswoman or politician's go-to look, giving them a timeless and sophisticated air.
So, perhaps it's no wonder Margaret Thatcher's skirt and blazer sets have been so successful at auction this week.
Seven of the former prime minister's famous suits sparked a fierce bidding war at Christie's in London, with an unknown bidder from South Korea snapping up six at a time.
The outfits reached seven times the pre-sale estimate and eventually sold for £73,125 in total.
Thatcher's famous jade green wool suit with piped jacket, silk-topped dress and tie neck, which she sported on the day she was elected leader of the Conservatives in 1975, fetched an impressive £25,000.
Meanwhile, a navy suit she wore to meet former Blue Peter presenter Valerie Singleton went for £13,750.
The outfits were all from the 1970s and 80s and included a canary yellow, wool sleeveless dress and jacket, as well as an elegant blush pink wool suit.
Maggie was certainly the ultimate power dresser, and thanks to her impressive wool suit collection it's easy to see why!
With winter on its way a sturdy wool suit could be a great investment, as a timeless option for work and formal events. The Iron Lady generally favoured navy blue, as the colour of her party, but even she wasn't afraid to choose bold shades or accessorise with sophisticated silk scarves or complementary belts.
Creating a handknitted wool suit is definitely not for the fainthearted, but perhaps it's best to start small with some homemade accessories?
Why not have a go at crocheting this lace floral belt? It can be worked at any length, leaving plenty of room for you to embellish it with as many leaves and flowers as you like.
The long and short curlicues are made up of just one row of simple double crochet, meaning it shouldn't be too challenging for beginners, although you might want to gentle press it afterwards to keep it nice and straight.