This rainbow loom dress could be yours for $300k

LISA RAPLEY
Last updated 14:32 15/07/2014
rainbow loom dress
HELENWRIGHT72/eBay

FASHION STATEMENT: The rainbow loom craze is getting a tad on the expensive side with this dress listed on eBay about to sell for over $300k.

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We all know rainbow looms are the craze of 2014 - even the Duchess of Cambridge was seen sporting a colourful bracelet when in Christchurch.

But one UK mum came up with the most insanely awesome use for the tiny rubber bands by making a dress.

Yeah... why didn't we think of that?

She's even going to be making a killing when the eBay auction finally closes in around 14 hours.

At the time of writing, the current bid (out of 137) is at 170,100 pounds (NZ$329,973).

It is sized at approximately a UK 4/6.

Now that is a fashion statement.

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