Very nice & looks easy to do. It also could be transformed into a kind of wreath, just find one of holiday colors & add extra touches such as ribbons, beads, feathers, etc.
Do you then sew the ends together? How does it become a cowl?
That's what I did; sewed the ends inside out them flipped it right side out...then it seems you want to band it up in one place, (and see it by hand there or sew a little band around it?) probably where all the seems show (you'll see, ESP if u do a craptacular sewing job like I did).