T.S.
I went to a girl scout leader-daughter teddy bear tea where the girls were invited to choose a square of no sew fleece and turn it into a poncho for their bears. It was really cute, all the girls had to do was cut a slit in the middle of the square for the bears head to go through, then they snipped around all four sides, creating fringe which they then tied off in easy knots. I bet your girls would enjoy that, it's easy, cheap and requires nothing more than scissors and fabric :)