I intended on making the Margaret Nicole pattern that was posted on here, but things took a different turn when I couldn't find a handle I liked and wanted to put in a zipper.
(I took these directions from someone else who figured out the cable pattern but slightly adapted it for this version.)
You will need:
2 skeins Cashmere Luxury Chunky by Fantasy Yarns - Available at AC Moore
--This is just like Debbie Bliss Cashmarino but cheaper
Size 8 needles
Size 8 dpns
14" zipper in matching color
1/2 yard of lining fabric of choice
Small bit of narrow cording
Thread in a matching color
CO 58 sts
R 1-9 ODD
: K3, P4, K8, P4, K2, P4, K8, P4, K2, P4, K8, P4, K3
R 2-8 EVEN
: P3, K4, P8, K4, P2, K4, P8, K4, P2, K4, P8, K4, P3
R 10: P3, K4, C8B, K4, P2, K4, C8B, K4, P2, K4, C8B, K4, P3
Repeat this pattern until you've made 5 cable twists. K 10 rows. BO.
Measure purse for lining, leaving a 1/2" seam allowance. Fold over edges and press so that raw seams are not exposed. Stitch to wrong side of purse.
To make wrist loop, allow an extra long tail and CO 5 stitches on to dpns and make i-cord so that you will be able to take the loop on and off your wrist comfortably. Allow 1/4" extra on each end for stitching into purse side seam. BO i-cord, leaving and extra long tail. Measure piece of cording so that it's as long as i-cord, and then insert cording through i-cord for added stability. Weave both tail ends around i-cord opening to seal i-cord shut around cording.
Fold purse in half matching up edges, then mattress stitch seams together starting at fold and working up to the top. When you're about 1/2" from the top edge of the side you want the loop to be on, lay both ends of i-cord loop next to each other in seam and stitch aroundand through loop ends securely. You may want to do this a couple times to really make sure it won't come out. Sew other seam together as usual.
Pin zipper to one side of purse opening by stretching the top to it's maximum capability and lining up on side of the zipper tape. Stitch to about 1/2" near the end and repeat on other side. The zipper will have to be cut since it will be a bit too long. Decide where to cut the zipper, and then stitch back and forth across the zipper right above you'd like to cut it. Cut zipper, and then stitch to purse to secure.
As for the ribbon, anything goes. The way I did mine (it's a little weird to describe) is I started at one side of the center cable and threaded the ribbon so that it goes under the ribbing panel and up at the one side of the cable, over the cable and down the other side. Of course, you could do it off center or pattern it however you like, or not even have one at all!
The finished measurments should roughly be around 10"X5"