A few months ago I purchased the Splendid Maxi Tube Dress/Skirt from Shopbop.com. Already this piece has become one of my go-to's for summer. I love that it can be worn as both a maxi dress or a skirt (by folding over at the waistband). It is literally the softest cotton and well worth the $83.
The waistband is pretty wide when you fold it, so I think it looks best with something tucked in, I paired it with a graphic tank from Forever 21. Gold necklace from clothing swap, and bracelets by J.Crew, Forever 21, friendship bracelet from Etsy, and David Yurman. Cartier Tank Watch (husbands) and Clutch bag with studs from Standard Style KC.