ModCloth has several versions of the Streak of Success skirt from what I can tell on the website, each called something different. This skirt looks like a great wardrobe-builder to me, with or without the ribbon detail. I chose Simplicity 1369, View D for this look. It has pockets! The button detail on the back of the inspiration skirt is a vintage detail not often found on modern patterns. In order to add that button closure, simply extend the waistband pattern pieces about 1.5". This will give you enough for a regular seam allowance and a 5/8" button. I ♥♥ FREAKING LOVE ♥♥ rayon/spandex blends, so I chose this navy rayon/lycra jersey for this look. You could make the ribbon any color. I tried to keep to the original and found this 3/8" yellow satin ribbon. I think this skirt would look absolutely stunning with a red ribbon too.
This skirt will cost you approximately $21 if you use my fabric and pattern suggestions. The skirt takes about 2.5 yards of fabric ($12.50), maybe 3 yards of ribbon ($1 because I'm figuring you'll buy a spool at the store), and $8 for the pattern (which you'll probably get for $1 during a JoAnn's pattern sale).
You can make a whole bunch of these skirts for very little money. This is why I love sewing. I can make this same look for 1/3 the price and my skirt will be sewn with more detail and made to last. Can you tell I just started reading Overdressed: The Shockingly High Cost of Cheap Fashion?