I bought this wreath for pretty cheap from a local store, the "K" came from Hobby Lobby on sale, and I also got some great Kelly Green rustolium spray paint, the ribbon and faux pearls I just found in some craft drawers!
Used some brown spray paint I had laying around to spray the "K"
Sprayed the Wreath
Attached "K" to wreath with hot glue, wrapped with ribbon, added pearls... Taaaa Daaaa!

