The annual Virgin Australia Melbourne Fashion Festival festival is nearing an end but the stylish and chic have been out in full force all week.

Layering was light on this year, with attendees opting instead to go big on accessories such as compact statement bags; elegant silk scarves; large, loud, '80s-inspired earrings; and embellished hair clips in gold and silver.

We're still seeing matched separates and suiting in swathes, but this year the hyper-relaxed look was key, with many oversized, softened with asymmetrical bows, or made using silks and satins in neutrals – ivory, light bronze – and more vivid hues of bright pink, blush and crimson.

The Canadian tuxedo made repeat appearances, too, as did activewear-inspired flourishes including bumbags and statement sneakers.