THE BIG SHORT

Forget cut-offs: micro-pants have been superseded by their soignée big sister. A pair that hits just above the knee will be the sophisticate’s staple. Acne top, $930. Nobody Denim shorts, $159. Dinosaur Designs earrings, $310. Alinka ear cuff, $1,100. René Caovilla shoes, $2,220, from Liberty Shoes.