Glamorous models strut their stuff at fashion shows around the world, and many women and men hope to emulate the latest styles debuting on the runway. No matter what Stella McCartney, Burberry or Phillip Lim is showcasing this season, outfitting a wardrobe means blending trendy pieces with items that will stand the test of time.

A closet filled with trendy clothes may find you catching eyes this season, but come next season you may regret breaking the bank for a new wardrobe that is already outdated. A better approach may be to purchase some classic pieces before embellishing them with current looks.

Men

Every man should own a classic, well-tailored suit. It's a business or special event staple, and the jacket can be dressed down over jeans and loafers. It pays to spend a little more money now on a suit that will last. Make sure it fits well by having a tailor adjust hems and sleeve lengths accordingly. Swimming in an oversized suit or squeezing yourself into a suit thatÕs too small wonÕt provide the look youÕre going for, so find a suit that fits you right so your investment pays off when the time comes to look dapper.

This season's fashion trends lean heavily on knits for men and women. Cable knits and Fair Isle sweaters will always have their place, but more mock turtlenecks and oversized pieces are showing up. Knits can be worn over button-down shirts to the office or paired with distressed jeans and boots for a casual night on the town.

Jeans and slacks are important components of any classic wardrobe. Straight-leg cuts will not go out of style as quickly as tapered legs or wide-hemmed options. Pants in neutral colors can be mixed and matched for endless wardrobe possibilities.

Tartan plaid, made popular in the Scottish Highlands, is trending in womenÕs fashion this season, but itÕs also a look men can achieve quite easily. A tartan plaid tie is a statement piece that can brighten up any wardrobe without overwhelming it. Checks, gingham and plaids are back in a big way, but itÕs best to use them in moderation.

Women

Neutral foundation pieces, such as a black pencil skirt, slim slacks or soft, jersey pants, are items to include in any woman's wardrobe. These staples are easy to pair with some winter trends as you look to put your most fashionable foot forward.

To recreate the mod squad trend that is growing in popularity, pair a skirt with a turtleneck or mock-neck sweater and knee-high boots. Each piece can be worn separately with other accessories should the mod look fall out of favor down the road.

Tomboy looks were another runway trend at recent fashion shows. Wider-cut ÒboyfriendÓ jeans, oxford shoes and boxy blazers can make it look like you borrowed items from your favorite guy without investing too much in over-the-top looks.

An easy way to make any outfit look more hip is to pair it with sneakers. From dresses to blazers to slacks, sneakers peeking out below can add street credibility to any look. Sneakers add a touch of whimsy to even the most conservative items in your closet. Investing in a good pair of sneakers also will serve you well as you head to the gym or take a lunch-hour stroll.

Fashion trends come and go, but with practice anyone can find a blend of pieces that will provide bang for your buck for years to come.