This figure-eight ornament almost looks like a star or snowflake. We made ours with green ribbon, but you could also use white or red for a more traditional look.
Source: Martha Stewart
3/8-inch-wide satin ribbon
This is made with 15-inch-long, 3/8-inch-wide satin ribbon. Make three figure-eight bows, but start with the cut edge at back of bow instead of at front, and make two layers instead of three.
Cross and glue two of the bows. Glue a loop of silver twine at the front center.
Glue a third bow across the middle, as shown, concealing twine.