The fabric of the navy blue coat and dress was developed based on the style of a man's silk tie, according to the first lady's office.
Her belt is from J. Crew and she wore a necklace designed by Cathy Waterman. She also wore J. Crew shoes.
"At the end of the inaugural festivities, the outfit and accompanying accessories will go to the National Archives," the first lady's office said.
Obama's older daughter, Malia, was wearing a J.Crew ensemble while his younger one, Sasha, was wearing a Kate Spade coat and dress.
Copyright @ Thomson Reuters 2013