Abstract: A tool and collar for affixing a multi-banded skirt to a fishing lure is disclosed. The collar includes a base member containing a central bore having a first portion with a first diameter and a second portion having a greater diameter. An outer annulus is contained on the collar for receiving a binder. The tool includes first and second mateable rods which receive the collar therebetween. Banded strands dispose on each rod in relation to the collar. The binder is positioned over each strand and disposed into the annulus to tie the strands to the collar. Opposing ends of each banded strand are cut to form the skirt. The collar and skirt are removed from the rods and positioned onto a lure with the first portion of the bore seating onto a retaining portion of the lure, and the second portion of the bore disposed about a flange thereof.