I like everything about this look, personally. I like the mix of soft and casual dressy and euro urban dressy. I mix a lot of the soft and stiff fabrics a lot in my own wardrobe. I also like the the bracelet instead of the watch as it can represent a disregard for time.
i like this cardigan and jacket a lot. however, i would rather see a cardigan compared to a vest, replace the bracelet for a watch and loose the ugly necklace.