I bought some luxury faux fur, gosh that stuff is pricey. But oh my goodness it's so soft and cuddly!! I spent way too much time stroking it...hahahaa
On a more serious note, you do not want to drop a stitch when knitting with this stuff. I can vouch that this is a nightmare if it happens. Now I've wanted to knit a teddy bear for ages..... really I have. I started one in primary school and never finished it, of course that is well over 3 decades ago now, but still I want to say I knitted a bear and a nice one too.
May I present Papa Bear! So he's a bit lopsided looking, but oh you could hug him forever, he's so soft. I used safety eyes, toy stuffing and made a cute bow tie which has little pandas on it. so he's a little dapper guy. The nose is from spare DK yarn I had in my stash.
I've put him up in my Etsy store for now, not sure anyone will buy him as he was quite expensive to make.
I was going to make a purple one too, but changed my mind and am keeping it. I may use it with Harris Tweed as I have 2 shades of purple fabric to use up. Maybe some fur trimmed bags?