Check out this Laila Azhar adorable little skirt.
It answers your need for the bubble trend in a lovely stretch wool blend.

It has a sexy 2 1/2 inch contoured waistband, which is accented with a decorative fabric 'belt' topped with two large buttons at either end.
It's gathered at the waist and at the hem, which is bordered with a 2 inch band to give that coveted bubble shape.
Available in black, this skirt is priced at $265.00.