Use red yarn. Start with a magic ring and chain 3.
Work double crochet (DC) in the ring and increase each row to form a triangle shape. Continue until the triangle measures about 18 inches on each side.
Beard:
Switch to white yarn. Attach it to the base of the triangle.
Use loop stitches (yarn over your finger, then pull through) to create a textured beard effect. Work in rows until the beard reaches the desired length.
Hat Trim:
With white yarn, work single crochets (SC) across the base of the hat (above the beard) to create a fluffy trim.
Pom-Pom:
Use white yarn to make a pom-pom. Attach it securely to the tip of the red hat.
Eyes and Nose:
For the eyes, use black yarn or attach small felt circles.
For the nose, crochet a small red ball: make a magic ring, work 6 SC in the ring, increase, and then decrease to close. Attach below the eyes.
Assembly:
Crochet or sew two identical triangles together, leaving an opening for stuffing.
Stuff with fiberfill and close the seam.
Note: Here is a pattern suggestion for you to create your own pattern. The end result may vary. Full pattern here