"I say... what a magnificent cloak you're wearing, perfect for the festivities but won't it be hard to pull off the heist with everyone staring at you?"

Absurd Roquelaire

A knee length cloak of high fashion.  Made by an eccentric mage bursting with charisma and magical ability.  He created many items of great renown but this is his pièce de résistance.

Powers/Abilities

• +2 Charisma.  Only to those with Charisma 14 or greater.  You have to be confident to pull off this cloak.  If your Charisma is 10 or less you cannot use the cloaks abilities and have disadvantage on Charisma checks.
• Hypnotic Pattern.  Once/day as a bonus action, activated by flashing the cloak in a graceful manner.  Like the spell but the cloak is the source of the colorful pattern not the "air inside a 30-foot cube".
• Feather Fall.  Twice/day.  The cloak billows out and the wearer lands gently on their feet.  Automatically activated if falling from 10-feet or more unless the wearer, for some reason, commands this ability to not function.
• Freedom of Movement.  Once/day as a bonus action.  As per the spell but in addition the cloak wearer is also slightly faster having an additional 5-feet movement speed.
• Disguise.  Twice/day as a bonus action.  Like the Disguise Self spell but the cloak can actually puff up or slim down, add sleeves (limbs), extend up to make an actual hat, and similar physical actions.  This causes observers to have disadvantage discerning the disguise.  Disguise can be used to make the cloak blend into surroundings.  It's frills and flare will now become leaves or darker colors, etc... If used in this way the cloak grants +2 to Stealth.

Customization

As a garment of high fashion the cloak is favorable to changing its look and can be personalized.  During a short rest the wearer can do things such as place feathers around the shoulders or line the bottom with a rare fur.  The cloak will assimilate these items and they will actually grow and become more flamboyant looking like feathers or furs from a Dr. Seuss book.