Use Burlap ribbon - How to make a decorative fancy bow tutorial. Step-by-step instructions and pictures. I will make you Christmas bows for your tree! Mine are a little bit different but these are nice.
Here's directions for making a striped lumbar pillow with a bow inspired by one by Garnet Hill. I will say I am not a fan of painting fabric. I would definitely opt for purchasing striped fabric to save time. Just call me lazy or practical.
Modern Paper Ornaments: Paper fun for everyone! Whether you hang them on the Christmas tree or use them to decorate for the holidays all around the house, these modern paper ornaments are easy to make and sure to impress! Source: Chris Gardner of Curbly