Description from Knitty:

Ahh! April in Vermont--the icy cold mornings, the balmy afternoons! It’s great if you’re a maple tree, but sartorially challenging if you’re a person. What do you wear when the morning is downright cold but you know that by noon you won’t need a hat and heavy scarf? You need your Sugar on Snow: this versatile little garment changes from a hat to a neck warmer in a jiffy and fits easily into a jacket pocket. With its leafy tassels and organic baby cable ribs, Sugar on Snow reminds you that warmer days are just around the corner. Makes a great hat for little sprouts, too.

Thanks to Raveler Kuklenok, the pattern is available in Russian here.