These Burberry Monogrammed Ponchos are the hottest clothing item out right now! First Olivia Palermo wore her's out with a pair of sexy Stuart Weitzman thigh-high boots, and now many celebs have followed suit. It even seems that Cara Delevingne wore her's right off the runway from the Burberry Prorsum Fall 2014 Ready-to-Wear  collection. And I love how they're personally monogrammed, especially the one for SJP!