They're a great way of adding interest and a bit of glamour to a basic item. Images here from the cherry blossom girl, Zara and Tommy ton shows these details off beautifully. I particularly love the colour combination of the last image.
Julian Louie's Spring Summer 2011 collection displayed them as accessories and adorned to garments. A very small but beautifully constructed collection with tassels as a complement.
Perhaps handicrafts will make a return next year, I'll definitely be looking out for some.