If you have a serger, or have a friend who has a serger make them some beautiful silk neck scarves. You can get 3 scarves from 2 yards of fabric cut lengthwise. Hem the edge with a small rolled edge stitch. It will take about 1 hour to make all three if you are go slow. It will take longer to go buy the fabric.
2nd idea. Buy gloves and some fur which is sold buy the yard in the ribbon section at Hancock's. Trim them . Or buy jeweled trim or pearls by the yard and trim the gloves. Everyone usually likes some special bling.
3rd idea Cut appliques from beautiful fabricl or lace and apply to towels. Or apply bands of fabric or lace to towels or even readymade pillowcases.