Intern "project"

I need to develop a new project, for our interns to work on during downtime… something FUN, worthwhile, that they can speak of in a future interview.

They’ll work in high fashion advertising (direct mail, outdoor signage, advertising for editorial - Vogue, W, etc) … any ideas?

My Monday Morning Sans Eyeliner Ideas:
create a fun, text only catalog
compile an “inspiration” file from the 100s of materials in our library

God, help. Thanks.