ok - etsy shop - Yokoo - you should check it out - this girl is talented - I dont know how I feel about that hat - but I love the whole image, there were some really interesting, kooky things there.
You can easily make this from a t-shirt. The fringe is the bottom portion that has been cut in strips, (from side to side so it will stretch), and then sewn onto the top part. Fun and easy.