A bow, in this context, refers to a decorative knot tied with loops and tails. The description with the clue suggests that it is worn as an accessory by certain individuals and is depicted multiple times in the grid of the puzzle in question.
Note: The provided meaning of the answer is for the latest New York Times crossword puzzle clue: What might help wrap up a gift … or a performance. Explanations are generated by AI and may be inaccurate.