Abstract: A pre-tied bow having an outer loop which can be adjusted to fit around a package and the method for making the same. The bow is made from a single piece of flexible material and comprises (1) a bow portion having right and left bow loops, a center knot, an adjustable tail, and a stationary tail and (2) an adjustable loop portion. The method of fabricating the bow comprises (1) tying the bow portion, (2) bringing the adjustable tail into a loop centered on the bow portion, and (3) tying the stationary tail around the bow portion and adjustable tail to form the center knot. The size of the adjustable loop can be varied to fit securely around a package by pulling the adjustable tail through the center knot. The excess length of the adjustable tail can be cut to match the length of the stationary tail.