This is a dress from a knit fabric with a gathered insert at the waist. The wristbands gather the sleeves and the collar is made to keep you warm.

The song is Ruby Tuesday from the Rolling Stones.
It's one of my favourite songs because of the lines
while the sun is bright /
or in the darkest night /
no one knows /
she comes and goes.
This is the dress that Ruby Tuesday would wear to disappear around the next corner in a windy, rainy London.

http://www.youtube.com/watch?v=eUKz2fvb6jY&feature=related