transform a plain leather pouch in to a fringe clutch. You can also use other technique: sew the hem with thick colorful yarn.
DIY Simple Purse by diyforever Wow! Not sure is that simple though.
Leather Bag with Fringes Sewing Tutorial
Denim & Floral Purse (I think I can make this myself, just an old - but nice and well kept - pair of jeans and find a nice fabric to crochet around.