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High heels are hot. And so are long ballet ribbons wrapped around the ankle. So of course the combination of heels and ribbon is to die for.
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You don't need any fancy leather working tools to get the look. I used my eyelet setter and in about 30 minutes had this project all tied up!

Materials

High Heels 
Eyelet setter 
Eyelets 
Scissors 
Ribbon

Directions

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Step 1: Use the eyelet setter to punch a hole in the side of the shoe.
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Step 2: Carefully enlarge the hole with sharp pair of scissors. The hole needs to be large enough to hold the eyelet, so snip away any lining from inside the shoe, and if necessary, cut tiny notches into the hole.
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Step 3: Press the eyelet into the cutout, making sure the teeth poke out the back. Then set the eyelet. Squeeze the setting tool. Firm, but gentle, even pressure works best.
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Step 4: Add eyelets all the way up both sides of the shoe.
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Step 5: Cut 4 yards of ribbon per shoe, and lace them up just like tennies! Wrap the excess ribbon around your ankle, and tie in a bow.