This was one of my first cakes! Seems like ages ago, but actually it hasn't even been three years.
Actually, I made this cake as part of my Wilton cake decorating class! I took all three courses offered at my local Michael's and if memory serves, this was course III. My first attempt working with fondant was a wonderful experience. If you've not played with this grown-up version of edible playdough, I highly encourage you to give it a try!
The bow is made by wrapping fondant over scrunched up paper toweling or rolled cardboard and allowing it to completely dry. Once dry, carefully slip out the supporting paper towels or cardboard and walla!