Victoria Beckham's Carmontelle dress retailed for $3145 at Net-A-Porter and is now sold out. Actress Leighton Meester wore the red version on an episode of Gossip Girl. (Photo credit)
Although only available in fuschia, this dress from Forever 21 is a great inspired by item and retails for a much lower $19.80. Click on the photo below if you'd like to purchase this ladylike dress for less.
*Update - 9/8/10* - This post is originally from last January, so the Forever 21 version is no longer available. I just spotted this inspired by option from BB Dakota though, and wanted to share. It retails for $80 and you can click on the photo below to purchase (also available at Zappos and Lulus - for $69 in limited sizes).