The woman with the chunky bracelet looks like loads of well to do women were I live its sometimes difficult to tell the rich Scandinavian shoppers who visit here from the locals sometimes, but yes, this is usually a standard look of wealthy chic women here, she looks good
I think I understand what blair meant with not being "E" it appears that to many posters , expensive covers a variety of styles ,and to others its just one,
I'm one of these people who think expensive is many styles, and unfortunately they are not all good , to me expensive is the Ecclestone sisters,Olivia P , Its excess, bling, over the top, showy,they are dressed to be identified and attract attention more than dressing to look good,
So when a poster mentioned CBK as expensive I was really shocked because CBK is anti excess , she worked with CK and is the true epitome of mid/late 90s minimalism, like christy turlington and caroline murphy,
Pictures of caroline and christy from that time, 20 years and counting , still look fresh and contempary, because the emphasis is on understated and simplicity to achieve a different ,more simpler type of wealth,
Prints, black, trainers, are all fine,
Fashion moves in a cycle, if we gather rules and hold on to them tightly for long period of time we look dated and out of place, we need to move according to our taste and within our sartorial limit,
So please, no more expensive, use words like chic, elegant... glamorous if you must, 
Sorry for the long post!