A while back I saw this on http://www.anthropology.com/ and immediately hit the thrift store for a shirt to re-make:
I wish I'd taken a before picture, it was a pretty non-descript shirt. When I bought it, I thought it was a man's shirt. However, upon closer inspection, I realized that there was a bit of tapering in at the waist and what you can't see is there are tiny stripes of pink, purple and teal right along the bigger neutral stripes/blocks. Since it wasn't a man's shirt, there was less material to be taken out, not leaving me with much material to work with. I cut the sleeves off at about 3/4 length and then used that material to make the ruffles. I was looking for a material to layer with it and use as the tie belt because I knew there wasn't going to be enough. I didn't have anything in my stash but found the ribbon and it picked up on the tiny pink stripes, so I went with it! I did taper the waist in a bit more and curve the bottom hem up because it was just straight across, boxy looking.
I think I'll head back to their website and look for more ideas!