I have now made a few of these little purses - one for my daughter to go with her Harry Potter themed Christmas stuff, one to save as a gift for someone, and whatnot. I have to be honest, I hate making drawstring bags, so I didn't make a replica, but I think it looks enough like it to make me happy.
I had searched for a tutorial for "small evening bag" and found one for a Noriko (?) purse. But when I clicked the link, it said that the tutorial was no longer available. Blah. I really, REALLY liked that bag. So after taking a better look at the picture, it appeared to be made of 4 almost tear drop shaped pieces, with the top cut off. So that's what I did, and this is what I ended up with!
Finished, it sits about 5 1/2 inches tall, and is 4" wide and 4" deep.
I used four different fabrics on each of the four exterior sides, and did some beading. It has an elastic closure. Ok - and I can't believe I just thought of this after half my lifetime of sewing... But I always hated how you can pretty much get elastic in white, or black. Doesn't always match what you're making. Then I had this epiphany... HAIR ELASTICS!!!! w00t! They come in TONS of colors, are small and dainty, and are pretty darn cheap at the dollar store.
And this is the shape I came up with, in case you want to make your own:
You need to cut 4 of your outside fabric, and 4 of lining. I interfaced all 8 pieces with a light-medium weight fusible interfacing. Then, sew 2 outside pieces together, then the other 2 outside pieces together, then sew the two pieces you just made, together. =) (I'm so clear with my instructions, yes?) Repeat for the lining. Clip your curves!!! Place the lining and bag, right sides together and place your elastic for the closure, and cords for the handles, and sew around the top, leaving a good 2" space to turn. I did find that it was best to baste the elastic and cord in place by hand before machine sewing. They liked to slip and shift, and that made me aggravated. Turn, slip stitch the opening closed, and sew on a button opposite your elastic.
Wouldn't they be great little bags for prom or a wedding?