I do have a formal capsule, as hubby and I have lots of formal occasions throughout the year, which range in their level of dress code. Hubby also has a formal capsule, which includes a couple of kilts and tuxedos.
Attached is just the current dress portion of the capsule. You'll see I pretty much stick to a basic silouhette that I find particularly flattering for my figure: cowl neckline, ruching at the waist, stretchy material. In fact I have a few "go-to" petite brands (Ralph Lauren, Calvin Klein, Connected) that come out with this basic dress year after year with various "glitz" factor added like sequins / metallic fabric / etc. And when on sale -- they aren't outrageously expensive -- so I snap them up!
Recent adds include the metallic silver dress, as I had a silver anniversary to go to. This dress is tons of fun and can be dressed down with a jean jacket. The velvet bell sleeve dress got snapped up early on in the Fall because I'm always looking for something to wear to our February formal event, when it's cold (rare to find such good arm coverage AND thick fabric in a formal dress). And I *finally* found a full length gown that needs no hemming and doesn't overwhelm my frame!! Snapped this one up on sale and have yet to wear it - will wear it next year for sure.
Not included are two sheath dresses (black and navy) which I wear for work but which can be easily dressed up for work-related dressy events (just add fancy jewelry, clutch, high heels and bright lipstick). I have an annual work cocktail attire event in which I've basically been alternating this dress each year, changing up the jewelry and clutch, and nobody's been the wiser. If I was invited to a wedding and wasn't sure about the dress code the navy sheath would be my "go-to."
I also have a capsule with mix-and-match separates including metallic blouses, velvet top, velvet pants, tuxedo blazer. This gets a lot of use during the holiday party rounds. Can easily wear the tops/toppers with dark wash jeans if the party is going to be more "smart casual" than formal.
Shoes: are a challenge. I am down to one pair of pumps that I can wear for more than an hour -- the nude pumps shown. Luckily they are neutral enough to go with a lot of dresses.
I also have a pair of (inexpensive) gold sparkly flats for when I want to swap out the heels to walk to and from an event.
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