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Harper's Bazar recommends the following products, dresses and cuts to shop for:

J. Crew dress, Emilio Pucci vintage clutch, J. Crew bikini top and bottom, Cat Power's You Are Free, Marni top, Stola Golden Garza by Loro Piana, Calvin Klein underwear, British designer Allegra Hicks bikini, Black Diane Von Furstenberg dress, Eres bikini, Goyard duffel, yellow Banana Republic sandals, Marni shorts, Max Azria Collection, BCBG Max Azria bikini top and bottom, Celine bikini, Mulberry dress at Bergdorf Goodman, Luisa Beccaria tank, Anna Sui dress, Hello Sari Sarong, Ann Taylor loft shorts, Missoni top, Emporio Armani sunglasses, Tsesay bikini top, Lauren Merkin bag, Tito Pedrini ring, Mischa Barton Roberto Cavali bikini, Dolce Cabana, Ralph Lauren Blue Label swimsuit, Tomas Maier swimsuit, Malo pants, Dior by John Galliano sandal, Roberto Cavalli tunic, Celine hat, Asha by ADM necklaces, Tufi Duek shorts, Jimmy Choo sandal, Mesi Jilly ring Azzaro Vanessa Seward bikini, A+Eve by Adam + Eve tunic, Bottega Veneta tote, Joan Collins Phillip Lim pants with belt, Laura Munder earrings, Newport News tankini, Erickson Beamon for Tory Burch necklace, Nancy Gonzalez bag at Bergdorf Goodman, Kenneth Jay Lane bracelet, Ellen Tracy shorts, J. Crew swimsuit

Knockout Knockoff Prom Dresses Style: Dressmakers & Designers Are Knocking Off Posh Celebrity Dresses Worn at Oscar Awards Ceremonies

This record year's High Home Equity Pushes Parents to Spend Freely on Daughters' Prom & Quincenera

On the big prom night, high school seniors want to look their best in their dream dress. Whether they have that extra cash to spend on the look-alike dresses they have seen on major celebrities such as Eva Longoria, Cameron Diaz, Halle Berry and Beyonce Knowles or whether they can get their parents to spend lavishly on them is something else. Promgoers want to look their best on this magic night they have been anticipating for so long. Most girls will tell you that they envy the little black dress Eva Longoria from "Desperate Housewives" wore to the recent Golden Globe awards. Who else to know better than Allen Schwartz of ABS, the reigning king of knockoffs? He will tell you that most young women watch the Oscars just to get inspired by the creations and couture. In one word, prom participants would like to wear gowns that Cameron Diaz, Gwen Stefani and Halle Berry wear. But these gowns do not come cheap. A lot of them can not affort a $4,000 dress or gown, but many of them will go gaga over a $300 to $1,500 dress or gown.

Looking for prom dresses on the Internet and in traditional stores has become an art, inspired mostly by what is hot the very same year or made hot by the most recent Oscar Award ceremony. For example, you will see a lot of the Spring colors, yellows, greens, light blues, soft lavender and blues. Orange is an-in color this year. Definitely, bright colors are in. Romantic florals, crochet and lace, metallic accessories, spring cashmere, shrugs, shells, scarves are great this Spring season. The prom season will soon end with the start of the wedding season. Turquoise is also hot. Anything silk is also in. Teens' designer, Allen Schwartz, knows what his young consumers can afford. He does not want parents to go overboard either, even in these good days of high house values. He also knows that most young women would like to have one of Paris Hilton's flirty dresses. So he creates it and makes it available at a low price. Those who want to splurge can always dish out all this money on designer dresses. In the end, very few people will be able to distinguish between a designer dress and its hot look-alike knockoff. To all of those who have issues with giving the consumers what they want, Allen Schwartz will tell them to look at his growing empire. It is time to fix what is broken. Many other dress companies are doing the same thing. They spend hours copying the latest celebrity fashion and making Oscar-like gowns for their teen consumers all over the world. Celeb-based dresses and gowns are bestsellers at Target, JCPenney, Macy's, and on the Internet.

In a Newsweek article republished by MSNBC.MSN.com, the author talked about how prom dresses are going hollywood. That is the feeling that promgoers always want on their red carpet night. They spent so many hours searching for replicas of hot dresses seen on the best-looking celebs. They see something they badly want. They will get it one way or the other. Whether they use up all their savings or they find financial assistance from sponsors, padrinos and grandparents, fashion-oriented promgoers will find a way to finance their big night. After all, most of them are already convinced that prom will be a night to remember for the rest of their lives. That is why they want to take every precaution to make sure that everything goes as planned. It is important that the makeup hides the scars. They hope the dress will catch that special someone's attention, and for one glorious evening everything wrong in the world will melt away. They do not want anybody to mess up this huge night.

Many parents are asking whether Prom has run out of control. Among a group of parents, you will find those who are not buying the excessive consumption. Others are all for it. They want to do for their daughters what they did not get when growing up. Baby boomers' syndrome goes deep. These parents do not want their daughters to miss out on anything. After all, prom has become a social barometer. Parents get judged by how much they spend on their kids' ceremony. A friend recently sent me a quote about prom these days, "Too expensive, too emotional and way too much of a referendum on where you stand in the social pecking order, especially for girls. If you don't have the right dress, the right date, the right connections for the prom....." What went without saying is that these girls may lose social positions if their accessories do not fit the social class they are perceived to belong to.