Exactly this. I use the Barbour in London where they are arguably quite stylish and more often than you are just exposed to the elements for short periods, Goretex when I am back in rural Shropshire where my family hail from.
...If the style is no consideration, I do the same as @Mike Smart and I have a 'duvet' feather puffer from Marks & Spencer and throw a shell over it for waterproof.