Upcycling is a huge trend - taking something that has worn out in its originally intended use and repurposing it for another use. This follows the whole greening wave as well as fits the economic climate spawning new ways to achieve chic thrift.
Twin Fibers on Etsy (founded by twins Jennifer and Jessica) has found an upcycling niche - making charm packs from vintage sheets and pillowcases. What a clever idea! Each pack of 5" squares has an assortment of 32 looks.
If charms aren't your thing, they also cut fat quarters.
Check out their blog here .