Winner, CFDA Fashion Awards, Phillip Lim

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Looking to build your wardrobe this season, but not sure where to start?     

We went straight to NYC's hottest designer and recent CFDA winner Phillip Lim to get the scoop.

Not only do A-listers like Lauren Conrad, Reese Witherspoon and Blake Lively rock Lim's super stylish duds, but the fashion powerhouse is also gearing up to launch his exclusive Target collection next month. (Yes, we are counting down the days until we can get our hands on the insanely gorgeous line!) 

Translation: He knows a thing or two about what it means to look chic. 

So what does this designer think you absolutely need in your closet? Here are his three rules for building a fail-proof wardrobe.

1. Invest in a Tuxedo Jacket. "A tuxedo jacket is sophisticated classic and will never go out of style," Lim says. Pair a sleek black option with trousers and a blouse for work, or with your favorite tee, skinny jeans and sneakers for the weekend.

2. Splurge on a Statement Shoe. While your go-to black pumps and comfy flats are great for everyday, a colorful statement shoe will turn heads and make you feel like a million bucks. "Every girl needs a beautiful pair of shoes to feel good," he says. Our tip: Take your favorite color and shop for a sky-high heel in that hue. You better believe we'll be rocking a luscious pair of oxblood (our favorite fall color) pumps when the leaves start changing.  

3. Wear Statement Earrings. Ditch your classic studs, and opt for something a little more glam this season. "Statement earrings are an instant way to feel glamorous," he says. Whether you're headed to the office, a date with your man or a night out with your girls, clasp on something bolder and sparklier than you normally would. Go on—embrace your inner diva!

Now that's some solid fashion advice! 

What do you think? Will you incorporate any of the designer's tips into your wardrobe this season?

Sound off in the comments below!  

PHOTOS: See more celebrity advice on fashion, fitness and more

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