How To Make Old-School Italian Look Sleek.

Most young guys I know think of Luciano Barbera as a collection for their dad. Everything the gentleman pictured below is wearing could be Barbera or Borrelli but because of the way he put it together it looks just as sleek and modern as Prada.

What makes it look Italian? The slim, creased pants, the scarf, the shape of the coat and ,most of all, the brown shoes.
What makes it Modern? The color palette, and the length of the pants (longer than most sartorial Italians wear theirs)