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Gwyneth Paltrow's Michael Kors Goop Collection Features $2,595 Cape, Already Selling Out

Gwyneth Paltrow and Michael Kors want to keep you looking stylish this holiday season.

But it'll cost you. 

The Goop goddess and designer have just unveiled their collection for Paltrow's lifestyle website, and some of the winter basics definitely ring in on the pricier side.

The gray peplum sweater Paltrow wears in a festive promotional video she shot with Kors will set you back $950, while a classic pea coat goes for $1,995.

Still, to hear Paltrow tell it, the limited collection items are investment pieces that will take you from season to season.

"A peacoat is a classic—it never goes out of style," she wrote of the staple piece on her site. "I asked Michael if perhaps we could take his and add gold buttons for some added elegance."

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Gwyneth Paltrow, Goop, Jacket, Sweater goop.com

Right in keeping with the timelessness of the coat, the other pieces in the limited edition collection are also inspired by Kors designs that Paltrow has collected and held on to over the years.

Take the gorgeous $2,595 cashmere cape she throws over her shoulders in the video, which is just like the vintage gray cashmere one the actress has owned for over a decade.

"Funnily enough, I ran into Michael on a flight where he noticed I was rocking his cape, probably in a less chic manner than he would have liked, my 6-month-old daughter and I lay wrapped in it all the way to England," she revealed.

Still, if you think a cape with a near $3,000 price tag is ridiculous whether or not it doubles as a baby blankie, there are plenty of people willing to pony up the cash for the luxe number.

In fact, along with the a pair of ankle strap heels, Kors' cashmere cape for Goop has already sold out—after only having debuted yesterday!

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