A replacement valve for use within the human body. The replacement valve comprises a valve component comprising an outer surface covered at least partially with fabric and a stent component for housing the valve component. The stent component and valve component are capable of at least a collapsed configuration for delivery and an expanded configuration after implantation.The fabric comprising a skirt (902, 1002) with a free edge folded over a bottom portion of the stent component and sutured to the stent component. The free edge comprising at least one cut (1008), wherein the at least one cut (1008) is oriented in a direction of a longitudinal axis of the stent component.