Diana in the black Emanuel gown, Getty

Though the world has a new future Queen to look to for fashion fantasies, it’s hard to forget Princess Diana’s emblematic style. Her gowns continue to fetch high prices at auction, and now five of them will be on public display at Kensington Palace. Beginning March 26th, the palace will host a handful of the late royal’s most memorable fashion moments—from a fuchsia silk dress by Catherine Walker to a black shift designed by Gianni Versace. Also included in the line-up is a controversial strapless black taffeta gown by Emanuel that received criticism in the 80′s for its dark color and revealing neckline. How times have changed, as Duchess Kate wore something quite similar to a military ball over the weekend—garnering rave reviews for her bold, uncharacteristically sexy choice (courtesy of Alexander McQueen). The exhibit will be creatively titled, ‘Diana,’ and it’s part of a celebration for Kensington Palace’s $19 million renovation, just the start of a giant year for the royal family. 2012 will also mark Queen Elizabeth’s Diamond Jubilee and the London Olympics, of which Duchess Kate is an ambassador, so there’s much more regal fashion to come!