Part of the Love from London collection.

Named for my new favorite neighborhood (where this collection was photographed), Bermondsey makes use of slipped stitches and a contrasting short row scallop edging to liven up an easy-to-knit garter shawlette. The unusual edging technique leaves just a touch of zig-zaggity eyelet detail and picots give it a bit of girly flair.

There is a video tutorial for the picot bind off here:
www.dull-roar.com/p/tutorials.html