This hat was deliberately designed to fold easily. By doing some slightly complicated finishing for the top, an X shape is created. When it’s on the head, the points of the X are not noticeable (because of preemptive decreasing), but when taken off the hat naturally folds nice and flat. Hat is knit in the round. You can slightly see the X shaping on my lovely model, Gerome Giraffe. Even though it is knit in a basic rib pattern, there is not much lateral stretch because of the bulky weight yarn.