I think this is a lovely idea by keykalou on Etsy: a set of five handmade clutch bags for your bridesmaids.
They can all be the same fabric, or you can pick and mix. They cost $150 for five, but you can buy additional clutches for $30 each. You could, of course, fill them with bits and bobs for your bridesmaids – lipsticks, etc. – or the clutches could be the gift themselves.