Los Angeles-based brand Velvet by Graham & Spencer teams up with UNIQLO for a second designer collaboration hitting stores on Wednesday, September 8, 2010. Given the popularity of the last knits collection, this line of affordable cashmere is the ultimate back-to-school staple this fall.

The Velvet by Graham & Spencer for UNIQLO collection of cashmere sweaters consists of six different styles including pullovers, cardigans and belted jackets, all under $150. Colors include light and dark heather grey, black, bright blue, wine, oatmeal, mauve, white, cobalt blue, navy, purple and camel. With such a wide variety of items to choose from, this is fall’s must-have item for the budget conscious fashionista.

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