Gallery: Olivia Palermo is Classy Chic in Chloe

I love the bag. Don’t know if I could pull off this look.

I don’t know who she is, but she is looking good here.

She’s a NYC socialite. Basically known for that and her “role” on the MTV show, The City.

wow, i love her entire look! all of it! she looks great! i’d LOVE to own everything she’s wearing!

i’ve seen her LOTS of times with this bag, seems she like her CHLOE so much LOL

Love the Chloe and the suede booties. You basically can’t go wrong with a Chloe. Must admit that I think the dress makes her look much older than she is…. me no like-y

love her entire outfit- so cute

I love this look – I want the bag, the boots, the necklace, the dress …

She looks so put together, as some others have said. My first thought was that she looks really clean and tidy! :) Bag is beautiful.

Olivia Palermo’s Dad Tries for Bankruptcy, Fails * 8/16/07 at 10:38 AM * Comment 1Comment 1Comments Olivia Palermo Photo: Getty Images Up-and-climbing socialite Olivia Palermo may still be smarting from her feud with rival Tinsley Mortimer, as “Page Six” reports today, but she’s got bigger problems, ones that have million-dollar price tags. Palermo’s pop and personal slush fund, real-estate consultant Douglas Palermo, recently lost a hefty bankruptcy case. Palermo senior’s appeal to get out of paying over $2.75 million to a creditor was rejected after the judge found that Palermo had used multiple fake organizations to obscure his actual worth from lenders. Instead of paying his bills, Palermo joined private clubs and sent his children, Olivia and Grant, to expensive schools. He also issued “hundreds of checks” to his Korean dry cleaner, which he used as an “unofficial credit line,” and skimped on alimony payments. That’s gotta sting for flashbulb-friendly Olivia — if dad’s in debt, does daughter have to … work? Doubet LLC vs. Douglas E. Palermo [U.S. Bankruptcy Court] Socialite Snit Scars Benefit [NYP]