Other reviewers have complained that the dress is so short it barely/doesn't cover the child's underpants.  This is completely true and I was not thrilled by this.  My solution was to buy a pair of white dance shorts for my daughter to wear with the costume.  That worked great to cover her underwear and looked great with the costume.  In the movie, I noticed that Annie's dress was really short too.  As she dances, you can see she's wearing some ruffly bloomers like "tanga shorts" that you can find for adult women these days.  Alas, I couldn't find any ruffly tangas in girls sizes so the unruffled dance shorts fit the bill perfectly.

The dress is a cheaply made costume.  The back closes by a velcro strip.  The collar was off-center a bit.  The puffed sleeves were kind of too large for the shape/size of the dress and the child wearing it.  The material is a cheap synthetic "faux velvet".  Despite all these somewhat negative elements, the dress fit the child, she was happy, and she was obviously recognized as Little Orphan Annie.  I recommend this cheap heart locket to go with the costume. http://www.amazon.com/Love-Locket-Pendant-Silver-Individually/dp/B000XNC6NI/ref=sr_1_9?ie=UTF8&qid=1352005211&sr=8-9&keywords=heart+locket

We found a little fluffy stuffed dog at a thrift store that was "Sandy" and it really completed the costume.