A collapsible lamp shade system that allows easy updating of room décor using a collapsible shade wrap. The collapsible shade wrap may include a top attachment mechanism to secure the top edge of the collapsible shade wrap to a top lamp shade fitter and a bottom attachment mechanism to secure the bottom edge of the collapsible shade wrap to a bottom ring. The top and/or bottom attachment mechanisms may wrap around a top and/or bottom ring of a lamp shade fitter. The collapsible shade wrap may include a separating closure mechanism to attach the sides of the collapsible shade wrap together to provide interchangeable lamp shade décor with a tailored look.