If you have a bottle of Champagne or Wine you are going to present as a gift, this is a great way to wrap it up quickly and prettily. Using some mesh tulle glittery fabric, cut into a large square (making sure it will be more than about 8 or 10 inches bigger than enough to cover the bottle), lay the fabric on a table and place the bottle standing upright in the middle of it, then bring all four corners of the fabric together and gather it right on the neck of the bottle, underneath the top leaving the sealed top of the bottle above it. Tie a ribbon around it to secure it or use tape. Attach a pretty bow and some curly ribbon, add danglies or a gift tag. You can trim the top if it is too high over the bottle.
There you go, quick, easy and pretty wrapping. Leaving the top of the bottle free will allow it to be opened and used freely without tearing the wrapping off.