CNN  — 

We all know cashmere is a bit of a luxury. But Naadam, a company that aims to democratize cashmere, wants it to be something that everyone can enjoy.

The brand’s feature product? One of the most versatile, affordable cashmere sweaters that we’ve ever seen. And we’re not alone in our excitement. The sweater once had a waitlist of over 5,000 people, according to the brand. It’s unisex, available in 18 colors and costs only $75 — though our editors agree, it feels just as soft as sweaters that cost two or three times as much. In fact, its been deemed “heavenly soft” on Naadam’s softness scale, and we have to agree fully with that statement.

The Essential $75 Cashmere is available in sizes XXS to XL, and is equally flattering on both men and women. You have the option of choosing between a V-neck and a crewneck, in addition to 18 color options.

From classic, neutral color options, like black, smoke (a dark gray) and camel to bright, bolder options like neon yellow, red and royal blue, there’s an option for everyone. In fact, we’re predicting Naadam’s $75 sweater to be the ultimate universally loved gift this holiday season.

Naadam’s business model allows the company to sell high quality cashmere at a lower price and create products that are both sustainable and ethical. In return for non-profit work, the brand is able to directly access materials that help it sell products at a lower price.

And Naadam makes more than just sweaters. From statement cashmere turtleneck dresses to cashmere tracksuits for women and classic cashmere quarter zips or cashmere henleys for men, Naadam is a place we’ll be shopping this season.

Note: The price above reflects the retailer’s listed price at the time of publication.