This traditional Japanese braiding technique is simple or you can make it very difficult.  It is a matter of moving yarn or cords around a circle in a pattern that creates a pattern.  

This kit is complete:  the wheel, bobbins, instruction books, jewelry fasteners to make a wonderful fiber necklace. 

Of course, you add your own yarn or cords or faric and make many more necklaces after you have used the yarn enclosed in the kit.

$39.95

There are some new books out to give you some great ideas.

BEGINNER'S GUIDE TO BRAIDING: The Craft of Kumihimo by Jacqui Carey   $15.95

Review: This is an example of how an author who is well versed in a subject can translate the details of creating a complex item into simple steps. After reading this book, I'm convinced that I could makes these lovely braids. Traditionally, they are done on a smooth wooden frame called a marudai. Instructions are included for outfitting a lamp shade frame with a cardboard mirror, and transforming empty film canisters into substitutes for the traditional wooden bobbins for those with a tentative interest. The only other materials you'll need can be improvised from things you'll find around the house. Simple diagrams illustrate the instructions.<