We absolutely love the fancy velvet shorts Nicole Richie was recently spotted wearing out. Shorts are a great alternative to skirts in the winter, and layered over some opaque stockings make even the shortest shorts more palatable. Nicole is rocking a fantastic blue velvet pair and we’ve found a great version by Jane Norman for only $25! Take a look at 10 other New Year's Eve-worthy pairs we’ve found. Best of all, you won't have to worry about breaking the bank with these stem stunners -- they’re all under 50 bucks!