Pakistan, Sept. 10 -- Princess Diana's iconic "revenge dress" will return to auction nearly three decades after its previous sale. The famous black gown could fetch between $150,000 and $300,000. Its upcoming sale highlights one of the most memorable fashion moments linked to the late princess.

Christina Stambolian designed the off-the-shoulder silk gown for Princess Diana. She owned the dress for years but did not wear it initially. The bold design appeared too daring for a working member of the British royal family.

Diana eventually chose the gown for a Vanity Fair event in 1994. Her appearance came on the same night then-Prince Charles publicly acknowledged his affair. The striking outfit quickly became associated with Diana's confid...