The item is a Hallmark Keepsake Christmas ornament from 2022, called "White or Red Christmas". It is designed to look like a wine bottle wearing a Christmas sweater and Santa hat.

It's made of plastic

The ornament features the phrase "May All Your Christmases Be White or Red".

It was first available after the Hallmark Ornament Debut Event on October 7, 2022.

Hallmark began producing Keepsake Ornaments in 1973.

This ornament would be a suitable gift for a wine enthusiast.