This one is quick and easy.
First I found a cheap small wicker-type basket from Goodwill. (I often frequent the 50% off Saturday sales, so I got this basket for about 50 cents!)
Then I picked up a can of spray paint from Wal-mart in my desired color. I chose Krylon's "ballet slipper" pink.
So then I painted the basket in the pink color and got some chocolate brown ribbon on sale at Michael's to tie on each side of the basket.
Ta-da! Finished product: