Olivia Palermo Has A Monogrammed Burberry Cape, Of Course

In some totally shocking celebrity news today, Olivia Palermo stepped out wearing none other than the monogrammed Burberry Prorsum cape Cara Delevingne closed the fall '14 runway show in last February. If someone was going to do it first (well, besides Cara), we had our suspicions it would be Palermo. We are, after all, talking about the same woman who chose custom Carolina Herrera separates in lieu of a traditional, white wedding gown. Truth be told, there's something about the embroidered "OP"...