The plan is to also line it with some of that red satin ribbon. But after three broken sewing machine needles I felt that my patience was running out, so I'm saving that for some other day.
You wanna make your own tea cozy? Here's a tutorial in swedish & here's one in english. & here you have the pattern I used, I made it from one of the stencils at Radical Graphics.
While you're at it, take a look at this girls crafty blog, I really found it inspiring for today's project.