I followed the directions here on splitcoaststampers to make this box in a bag. It was so easy to do and will be great for small gift items. I used Stampin' Up! items:
Paper: Pink Flamingo - Designer Series Paper/2 sided
Paper: Pink Piroquette was used, but is now sold out. You could use chocolate chip, real red, summer sun, cameo coral, tempting turquoise as many of these colors are in the inside of the bag or Pretty in Pink.
Ribbon: Pretty in Pink 1/4" grosgrain ribbon - 12 inches
Stamp Set: Circle Circus - #available 1 July 2009#