Red carpet knock-off: Tina Fey and Michelle Williams' pretty peplum

Put a little pep in your step with this season's hottest trend: the peplum. From the runway to the red carpet, this uber-feminine shape has been popping up on all fashion fronts. 

Last Sunday's Oscars were no exception and we smiled when we saw two of the season's best-dressed stars sporting their own version of this super-sweet style. Tina Fey's navy Carolina Herrera was oh-so-chic and Michelle Williams was a vision in coral in her Louis Vuitton gown. Two different dresses, and two different looks, but a strong reminder that this trend is red-hot, right now.

Want to give it a try? Don't wait for a black tie affair to take this trend out for a spin. We've roundup up five pretty peplum pieces (at every price point) that you can wear today:

1. Forever 21, $22
2. J. Crew, $404
3. Anthropologie, $138
4. Alice + Olivia, $207
5. BCBG, $328