A great tip for creating outfits in Lotro is to always check out quest rewards in the dressing room (ctrl left click) before you chose your reward. You may outgrow the stats of an item but if the design is nice you now have a cosmetic piece to add to your wardrobe collection. I found the helm in this outfit just that way.
Head: Arohir’s Cap (quest  Plague-bearer of the North)
Shoulders: Leijona Shoulder Guards, dyed Red (Friend with Lossoth of Forochel)
Chest: Elegant Formal Dress, dyed Red (Store)
Back: Heavy Quilted Cloak, dyed Red (T2 Crafted)