Everlane Felted Merino Wool Beanie Heathered Oat Wool Knit Hat NWT Minimalist Brand New with Tags in Excellent Condition Everlane The Felted Merino Beanie in Heathered Oat. This cozy winter accessory is crafted from a soft merino wool blend with a hint of stretch for a comfortable fit. The felted texture provides extra warmth and a structured look, while the versatile neutral color makes it a perfect staple for cold-weather styling. Designed with a classic ribbed cuff that can be worn folded or slouchy.