Erdem had us lusting after lace when he sent lashings of pretty frocks in bright florals and delicate white dresses down the runway for spring.

Lace has eternally exuded an elegant, lady-like fragility, but this season saw its revival ramp up the feminine fabric’s versatile wearability, and it’s only natural that we’ve fallen for the London designer’s red Margot lace dress.

Delivering a solid punch of statement bold colour, the Margot dress makes for the perfect transition from day to night.

Stunning teamed with nuded ballet flats and a cross-body bag for preppy chic with a dramatic twist, we can certainly see ourselves swaying to summer melodies whilst sipping cocktails in this beauty.

But with an astronomical price tag of £1,960, investing in this scarlet number is likely to land you in the red.

So allow us to introduce the stylishly cost-effective way to flaunt luxe lace magic: French Connection’s Anna lace dress.

Priced at a fractional £110 and delivering an equal meausre of elegance and vibrant colour to your summer wardrobe, the high street store’s dress is an investment piece definitely worth cashing in on.

Who said you couldn’t execute catwalk chic on a budget?

Erdem Margot lace dress, £1960, available at Net-a-Porter. BUY NOW!

French Connection Anna lace dress, £110, available at French Connection. BUY NOW!