Lace. Lace has a long and storied history, originating in Europe in the 15th-16th centuries and becoming a popular decorative fabric for clothing, home furnishings, and accessories. originally made with linen, silk, gold, or silver threads, but today cotton and synthetic fibers are more commonly used. Lace has been associated with luxury, sensuality, and beauty for centuries, and it remains a popular fabric for bridal gowns, lingerie, and home decor. lace is no longer as ubiquitous in mainstream fashion as it once was, though it continues to be a signature element of bridal and lingerie designs.