A modern take on the fitted pencil skirt, Theory's version features a below-the-knee length, skinny self-waist, and a vent at the center back seam. Band waist Back vent Pulls on 96% wool/4% elastane Dry clean Imported SIZE & FIT About 26" long ABOUT THE BRAND In 2000, founders Andrew Rosen and Elie Tahari launched Theory with a focus on innovative, comfortable stretch pants for women. Since then, the New York-based brand has become well-known for its mastery of polished, well-tailored separates for women and men.