This outfit is kind of strange but I think Lily Allen can pull it off. I think she looks adorable.
Here's my frugal version of her awards show outfit:
Teal Strapless Satin Dress, $69.99
Yellow Chiffon Scarf, $7.99
Black Peep-Toe Shoe, $18.99
Heart Necklace, $3.99
GRAND TOTAL $99.96