Princess Diana was certainly not the first person to wear bike shorts with an oversized sweatshirt, running shoes, and high socks, but she was definitely the most memorable celebrity to do so. When I saw Taylor Swift in a similar outfit combo in New York City today, it immediately reminded me of the late royal’s iconic style.

Photographed outside Electric Lady Studios, Swift wore a baggy Daydreamer Shania Twain Tee ($88) with bike shorts, New Balance running shoes, a Louis Vuitton bag, and FP Movement ruffled socks. This outfit also happens to be my preferred choice for running errands, working out, or just lounging around the house. Scroll down to see how Taylor Swift and Princess Diana styled bike shorts and shop the look for yourself.