Normally I'd see bright colors + light wash jeans and think warm weather, but there's something about this bright red and turquoise color combo that's reminding me of the holidays. To make it even more holiday appropriate, I'd try the top half with gray wool pants (similar to the inspiration but more tailored than sweatpants), or a dark wash jean with gray pumps. 

Blazer: Banana Republic, $35 (similar, similar)
Top: J.Crew, $35 (similar, similar)
Jeans: Gap, $48
Shoes: Guess c/o Ross, $28 (similar, similar)
Purse: Sole Society, $30 (similar, similar, similar)
Necklace: My Stella & Dot
Approx. dates: Top is 3 years ago. Shoes and purse are 2 years ago. Jeans are last year. Necklace and blazer are this year.

Michael Kors  /  Bar III  /  Isola
Steve Madden  /  Blondo  /  Vince Camuto
Tommy Hilfiger  /  Ralph Lauren  /  Nine West 

Also, I'm on the hunt for new cognac boots this season so I do what I always do - comparison shop! I like to gather lots of options and start sale/coupon stalking. Which pair would you pick?