This appearance item can be equipped by characters of either sex. On females it renders as a dress. On males the top/pants is similar to the Crimson Festival Garb, though the coloring on this item is pink.
The candy is tradeable, so check the broker if you run short during the rest of the year.
This article refers to events, personae, items and activities only present in-game during the annual Erollisi Day festivities, which come to Norrath each year for a short time roughly around February 14th.