Drop-Stitch Cotton Beret

Materials
One skein Peaches & Creme cotton yarn
Size 6 double-pointed needles
Yarn needle

Cast on 80 stitches.
Working in round, do three rounds of seed stitch (knit 1, purl 1, repeat, with next round being purl 1, knit 1, repeat).
Knit 1 round.
Increase round: Increase 1, knit 4, repeat.
Knit (stockinette stitch) until you are about 4" from increase round.
Drop round: Knit 1, drop 1 stitch, knit 4, repeat. You are dropping the stitch that you added in the increase round. Let it unravel all the way back to the increase round, creating a gored look.
Knit 1 round.

1st decrease round: knit 6, knit two together, repeat.
2nd decrease round: knit.
3rd decrease round: knit 5, knit two together, repeat.
4th decrease round: knit.

Continue decreasing in this way until you have a round of "knit two together" without any single stitches in between. Break yarn, thread through needle, and feed yarn twice through the loops of the remaining stitches. Pull the tail tight and secure it on the private side of the hat. Weave in ends.