If you're looking for a unique way to wrap a small gift, or would like to make a few last-minute ornaments or package decorations, why not try fabric origami? Armed with fabric stiffener and a few tools, you can get leftover fabric to behave just like paper... with the exception of the fact that you can just iron out any mistakes.
While the Fabric Origami web site discusses preparing the fabric, there isn't much information about what to do with the stiffened fabric: they want to sell you the patterns. (That's not going to help if you want to do this in the next few days!) Here are a few sites with free instructions for origami boxes, which you can make with fabric or paper:
Wrapping paper is so often just thrown away; that's a waste of money and bad for the environment. This year, why not try to make the packaging part of your gifts? These origami box designs are simple to make, and recipients can enjoy them all year long. Best of all, they don't take much longer to make than it would take to wrap a present in the first place.