Here is another fashion from 1976 that is making a comeback- Lydia Silvesty's Infinite dress. I think it is a great concept - but my body is just not built to wear something like this, at least not in a stretch knit, and I can't see it working in anything other then a knit.
I recently went to Montreal and poked around at the American Apparel store. I never saw one of these stores before! Much to my surprise, they have them in my own state. They have a Bandeau dress that is the same concept as the Infinite dress. They shortened the hem - but you can you the directions for both of them. The one thing you can do with this dress that you can't do with the Infinite dress is wear it as a halter. The Bandeau dress is a little more flared at the hem.
Here is another 70s fashion that might work like the infinite dress.
If you don't want infinite choices - you could choose only 7 ways with the Seven Way Wonder Dress! This dress completely wraps around - where the other three are tube dresses - or flared tube dresses.
In 2000 another version of the 7 Way Wonder - or Infinite dress shows up as a pattern. Debra Moises wrap dress for McCall's.
You can probably combine all the instructions from all of them and end up with lots of ways to wrap the patterns. This pattern has more gathers then the original 70s one and the American Apparel Bandeau dress.
I'm going to have to play around with my Bandeau dress to see if I can make it work for me. I may not be built for such garments.