There's something about fringe that suggests the owner of the clothing is down for a good time, whether its expressing à la '20s flappers, boho, or taking cues from Western references. This trend is something that I've been keeping my eye on for about a year now and i'm so glad that it's finally popular (not that we should dress in trends)!
Anyways, I think this is something everyone can pull off (as long as its done in small doses) whether you're tall, short, a size 0, or 12. Which is great because I know being only 5'4" and weighing about 107 pounds it's not always easy finding flattering things for my body type.
skirt: $16 foreverxxi
t-shirt: $8 wal-mart