This  is Royal Ribbon, she's from the Pretty Pony Fashions line from Year 2 of the  ponies. Royal Ribbon was sold exclusively at Target.

Royal Ribbon has a shimmery pink body and blue hair with iridescent tinsel. Her eyes are blue with a pink star and her symbol is a dark pink damsel hat with blue ribbons and stars. She has a white hoof heart on her front right hoof and a magnet on the bottom of that hoof.

Royal Ribbon shows some dirt on her non-display side, but is otherwise in good condition. She does not come with any of her original accessories.

The bottom of her foot is marked "2002 Hasbro."