Aly nailed it. This is pretty, but the peplum is way too high. I've seen this several times, and it's not flattering. I don't know what's wrong with these designers. Seems like they design for 4 ft tall women.
It's cute, but the peplum isn't placed in a very flattering position.. It's too high. Rather than adding volume to the hips, it's adding volume to the stomach, which I doubt you're looking for.