This one is from SlipKnot issue 112 (June 2006), and gives a cute and very kitsch way for little girls to store their hair scrunchies - as a tutu on a little ballerina.
You need some kind of small doll for this - I used an Impkins doll which I bought on eBay.
Although I give a scrunchie pattern here, there are loads online. Try Crochet Pattern Central (always a good source of crochet patterns), or the Ravelry pattern search.
Because there are so many suitable small dolls available, this is more of a guideline than a pattern!
You will need a small amount of plain yarn and a scrap of ribbon for the body, and a hair elastic and some eyelash yarn for the scrunchie. Use needles and hooks which are suitable for the yarn you choose.
Using the plain yarn, cast on enough stitches to go around half the body, with a provisional cast on. Work in stocking stitch for length needed to gusset.
Decrease 1 st each end of the next 4 rows, then increase 1 st each end of following 4 rows.
Work up the back straight for the same length as the front, and do not cast off.
Undo the provisional cast on, and thread a thin ribbon through the stitches. Put the strip of knitting in place on the doll, and thread the ribbon through the last row of stitches. Pull up and tie in a bow.
To make a crochet garment, work in double crochet (US - treble crochet), following the instructions above. Thread the yarn through the stitches in the first and last rows.
To make the scrunchie, I used an oddment of eyelash yarn, which makes it very fluffy and full:
Round 1: dc closely around the elastic band and sl st closed.
Round 2: (ch4, miss 1 dc, dc into next dc) to end, then (2ch, 1 tr) to close.
Round 3: (ch6, dc in next ch4 loop) to end, (ch6, sl st) to close.
Round 1: tr closely around the elastic band and sl st closed.
Round 2: (ch4, miss 1 tr, tr into next tr) to end, then (2ch, 1 dtr) to close.
Round 3: (ch6, tr in next ch4 loop) to end, (ch6, sl st) to close.