Tweed?
These may be no Channel jackets...but tweed is a jacket never out of style. This classic comes in all kinds of color mixtures and price points. Here are some of my favs:
Talbots ~ $229 (see IRL & Review by Gigi); Loft ~ $148 (right now, take off 25% with code SAVE25), Spiegel ~ $89; Rachel Roy Signature via Neiman Marcus ~ $595; Aqua via Bloomingdale's ~ $39