It's done in Moda Dea's Bamboo Wool—a single skeins –and it used all but 4 inches of a single skein--talk about cutting it close!
In keeping with Gianna's preferred style, it's a slouch hat—close too, but not a real beret. It lies flat (as a pancake) but its has no real shaping but for some decreases at the very top.
The stitch pattern is simple enough—the pattern is a multiple of 2. Cast on an even number.
R2: *YO, K2tog
R5: *YO, SSK
By alternating the 2 together's from a Standard K2tog, to--in effect-- a SSK (left leaning decrease) I ended up with a balanced lace, (and not a strong, leftward diagonal spiral.)
The extra row (2 knit rows between each row of YO/K2tog) also change the pattern—it's still very open and lacy—but just a bit different. I like the deep ribbed band, too--it adds a special touch.
I like knowing how to do both european style knitting and eastern knitting—both for knits and purls, and to be able to knit a stitch any way I want to—to get the results I want!