From Vogue, 1 February 1955- Complete success- the flared fit.

'Fit like this, followed by flare like this: a silhouette that's set for great success in 1955. There's a very American reason why: it makes for a smart change of pace from the new loose-cut jackets, the new blade slim lines, makes for variety, and that's one of the new secrets of a lively fashion life here- having more than one string to one's bow.

New look for the short-jacket suit- short only in the sense that it's not as long as many of the new long jackets (and therefore makes a nice change of pace from them. Grey tapestry worsted, fitted from the double collar to the scalloped edge, the skirt flaring gently in panel pleats. By Ben Zuckerman, about $225. For head to toe smartness, gilt Bobley jewellery, and Wear-Right gloves, a printed red faille cap from Sally Victor; black De Liso Debs pumps; stockings in pink-tinged beige-'Pink Sand' by Mary Grey.

This is a wonderful Zuckerman and Kraus cocktail or dinner suit, dating pre 1950- likely just after 1947 as this suit is very New Look. The suit has soft shoulders, a tiny waist and a peplum and a very full skirt.
Zuckerman and Kraus was the business owned by Ben Zuckerman prior to opening his own company. Zuckerman and Kraus produced very high end suits and coats. The business was closed in 1950.