1.) Clothing and fashion, a flared ruffle attached to the waist of a jacket, bodice, dress, etc.
2.) A variant of peplos: Peplos n, pl: Clothing and Fashion in ancient Greece the top part of a woman's atrire caught at the shoulders and hanging in folds to the waist.
3.) A wicked fashion trend that has been dominating the spring 2012 runways. Peplums are fabric embelishments that instantly create a curvasious hour glass figure on any body. Peplums were popular in the '80's as well as in the 40's. For 2012, the look is more polished and sophisticated that the over glam-ed 80's look, while still managing a playful look.