By StyleWatch
Updated October 25, 2010 01:00 PM

Will Ragozzino/Sipa

It was a packed rooftop Wednesday night at the Gramercy Park Hotel in New York, as select fashionistas collected for a preview of Ann Taylor’s latest collection for spring 2011. And among them were some veteran fans. “[In Massachusetts,] I grew up with Ann Taylor over Barneys any day,” Elizabeth Banks told PEOPLE. “I’m just a fan of the simplicity of it and especially their petites line—[it fits me] right off the rack, no tailoring necessary.” And viewing the lines neutral-toned jackets, military-inspired trousers, and light cocktail dresses, Banks already found her spring must-have: the seersucker blazer. “I think seersucker for spring is always perfect.” Despite lusting after a short green cropped jacket, it was all about the brand’s statement accessories for fashion-maven Olivia Palermo. “Each season, I like the accessories more and more. Its young, its hip, and always on trend,” she said. As for the line’s new wedding and events collection, featuring classic silhouettes with feminine touches, it certainly had Palermo’s stamp of approval. “You want to be really chic as a bride, and I think it does it well.” —Shruti Dhalwala