A peter pan collar is one of those statement pieces that’s always more versatile than you expect. It can be worn at the office, out for a casual lunch, or even a night out when paired with some edgier pieces. It’s preppy, yet doesn’t seem as stuffy as a traditional collar. This J. Crew dress has such nice structure and I love the light heather grey color. It’s the perfect neutral for colder months. Merona for Target, however, designed a perfect alternative, where the difference is almost non-existent, all at a fraction of the cost.