Rainwear dilemma. Can you lovely ladies offer your thoughts?

[nomoresleep]

This is my first time on the style & beauty topic..normally I'm hanging out on the threads about sleepless babies... but I need some help and hoped this might be a good place to get some!

Right, so I've just done the school run in the pouring rain, with a baby in one arm, lunchboxes and bookbags in the other arm, and an umbrella in my third arm ... .no, wait, I don't have a third arm, that would be the problem then...

After my inelegant effort to get my kids to school with an umbrella I looked at what all the other mums were wearing and they all seem to have some kind of coat with a hood which clearly makes a lot of sense.

But what is the style consensus here? Mostly people seem to be wearing proper rain jackets like the thing you'd get from North Face or some kind of ski shop, which in my pre-baby life I'd have thought of as not hugely stylish. But are normal rules suspended for rainwear? Or is there such a thing as a stylish raincoat? What do you stylish ladies wear in the rain?