Okay, in fairness, I loved the 1996 Tom Ford for Gucci Ladies’ Velvet Suit, which this seems to echo:

Except in this case, the pants are leggings and the shirt is color-coordinated to match (Tom Ford, I suspect, would suggest NO SHIRTS AT ALL) and ergo the overall effect is less Sweet Throwback to a Time When Gwyneth Wasn’t Writing GOOP and We Were All Young And I, Jessica, Once Spent 90 Minutes at Macy’s Shopping for a Nude Lipstick That Didn’t Make Me Look Dead, and more Can Someone Find Me A Teal Wall Because I Want to Look Like a Floating Head.