A $1,200 Dress for Your Little One? From the Styles section: The high-fashion world, determined to leave no market untapped, is now turning out designer clothes for children. Just $1,200 for a Lanvin tulle dress, and don't forget the $1,570 taffeta coat. Makes the $30 dry cleaning bill to get out the chocolate-frosted birthday cake look like milk money, doesn't it? The vast majority of us, of course, still spend less on a t-shirt for a child than you could blow on a venti at Starbucks - but to see how the other 1 percent lives, check out the slide show.