01/24/2012 08:29 am ET Updated Oct 11, 2012

Sundance 2012's Best Dressed: Kate Bosworth, Elizabeth Olsen And More (PHOTOS)

As celebrities descended upon Park City, Utah for the 2012 Sundance Film Festival this past weekend, we saw a predictably wide range of sartorial statements. As always, frigid January temps prompted some cold-weather missteps -- fur gone too far, overpowering "Dr. Zhivago" hats, Uggs galore. But we also spotted plenty of chic sheaths, layers done right and smart tailored separates.

Despite heavy snow, Elizabeth Olsen managed to look polished in sophisticated prints, Kate Bosworth was red-carpet ready in feminine frocks and Taylor Swift demonstrated how to combine winter accoutrements for a sleek effect.

In related news, Olsen dished that she sometimes shops her older sisters' closets. We're jealous!