Believe it or not it’s just about time to start transitioning your closet from Summer to Fall. But don’t chunk the shorts just yet, one of our favorite trends gets a chic makeover just in time for the cooler season.Synonymous with letterman jackets, loafers and plaids, Preppy has always been classic (Grease anyone?) and this time around some of our darling celebrities have embraced the trend, of course putting their own spin to it.Adding blazers, sweaters and trousers gives a fresh and authentic appeal to an otherwise timeless piece of wardrobe history. It’s the time when you can ditch the labels and go for supreme fit and killer tailoring. And yes, you can still express your offbeat personality.While stars like Pharrell and Lance Gross have perfected the method for men, there is a way to girly up your prep style and even go from school or the office, to a night out on the town.No longer does preppy equate with old-fashioned and shapeless, so toss your traditional greys and navys and step into prep, the 2012 way.