Its using black cardstock 8.5x11, cut it in half to 4.25x11 in, scored and folded it at 5.5in. (so card becomes 5.5 x 4.25in). I then cut a piece of red shimmer card stock at 5.25x4in, wrapped white ribbon around it and bunched it at center. Then placed a 2x2in cardstock (after stamping it with a snowflake and heat embossing it with black embossing powder) in center.
After that, I just used my Scotch Tape Runner to glue the red to the black and it's done. Made my own envelope to.