3. Fitted Letterman: Want a curve-hugging option? This letterman-style varsity has a cropped silhouette! 4. Pretty Patches: This varsity jacket features an assortment of lively patches for a ...

Letters were originally wool but evolved into the chenille patches (shown in the photo above) in the 1950s and ’60s. They typically go for $10 apiece (and take up significantly less closet space!).