Yeah, good stuff and really easily translated into something we all can wear (and afford) - and remember you can mix and match in any way so you are comfortable. For example, if shorts aren't an option, go for some white pants instead. Though I would go with the bracelet or the necklace, not both (might be overkill - you just want a touch of color - take a cue from Oscar).
Now let's take it one step further and mix and match some of the pieces above with the romper and yellow espadrilles from the "my take" DVF Resort look for a good "on vacation/relaxed weekend" look.
Runway Image via Style.com