Felted Christmas Stockings
A shrunken sweater feels like felted wool -- thick and dense. This is a family-heirloom-worthy use for an outgrown Irish knit sweater (or one that accidentally found its way into the washer and dryer).
Source: Martha Stewart Living, December 2011
Felt the sweater by machine-washing in hot water, then drying in a dryer set on high heat. You may need to repeat this process a few times to sufficiently shrink the sweater.
Print pattern. Arrange on sweater so the waistband will serve as the top of the stocking. Cut out pieces.
With right sides facing and leaving a 1/2-inch seam allowance, sew perimeter of stocking. Turn right side out.
Braid yard for a hanging loop, if desired. Stitch loop inside stocking at side seam.