Seriously. Actually is fairly waterproof, and not too bad for riding around in, mine even has fairly long sleeves. Has a hood and looks nice off the bike. Layer it with a puffer underneath and you're laughing for all but the worst weather. Only currently in xs though, but if that fits then...
http://www.uniqlo.com/uk/store/goods/127864
Seriously. Actually is fairly waterproof, and not too bad for riding around in, mine even has fairly long sleeves. Has a hood and looks nice off the bike. Layer it with a puffer underneath and you're laughing for all but the worst weather. Only currently in xs though, but if that fits then...