You could also make 3 of these hats and place them all in a row on the front of a card.
The little to/from stamp is from an old SU set. The hats are mounted on the large label punch by EK. The tag is an Accu Cut die. As always all edges have been inked.
The hat brim was made with an old Emagination punch, but as per my substitution notes in the instructions, you can easily achieve a very similar look using SU's large scallop oval punch.
Full instructions below.
Come back tomorrow for another Christmas punch art project.