You could probably make a really nice lace trimed JSK or skirt with that. I'd imagine, depending on how much detail you'd like to add you could use pearls, ruffles, a nice golden trim to match the frames and if you really felt like it, you could custom dyed lace. It all depends on how much you'd want to do with it.
Regardless it's a lovely fabric and I'd imagine you can do a lot with it.
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