A hole-y fashion statement? This $1,880 ‘distressed’ cardigan features ‘handmade punctures’

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Welcome to the latest edition of Big Spender, which explores the world of big-ticket products and looks at the less-expensive alternatives. Have an item to suggest? Email [email protected].

The pitch

Fashion-conscious folks may already be looking ahead to sweater-weather season and seeking out the perfect cardigan for those chilly fall days. Khaite, a women’s fashion label that prides itself on a collection that “reimagines classic American sportswear for the twenty-first century,” offers one possibility: an $1,880 all-cashmere “distressed” cardigan. In other words, a sweater that has holes in it, and not the kind that are for

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