I previously blogged about Banana Republic's velvet jacket (pictured right in the purple). It's now on sale for $99.99 (originally $175). It's available in the purple (my favorite) in sizes 00, 0, 2, 4, 6, and 8; it's available in the black in size 8.
Banana Republic's "Origami-pleated sweater" (pictured left in the dark charcoal) is also on sale. It is made from 92% cotton, 5% nylon, and 3% spandex. I like the three-quarter length sleeves and the pleats at the shoulders. The dark charcoal is available in sizes S and M. It also comes in "carob chip," and is available in that color in XS, S, L, and XL. The sweater is on sale for $44.99 (originally $64).
Other sale items of interest: for women -- "cotton square neck top" (originally $49, now $29.99); for men -- "cotton knit cardigan" (originally $59.50, now $34.99) and lots and lots shirts (see here).