William Pearson navy blue two piece wool skirt/top set (size ~8)

William Pearson two piece wool skirt & top set navy blue could not find exact outfit but comps look like it's from the 1960s tag on skirt has a 14 I don't think that's the size I think it's a product tag measurements seem to be about an 8 or a medium top 20 inches armpit to armpit 26 inches in length skirt 15 inches across waist 26 inches in length skirt has a slight markings on waistband looks like it was hanging on a clip hanger found at a community rummage sale