I am a huge DIY-er with so many types of projects.  I have found that the best fabric adhesive out ther is FABRI-TAC Permanent Adhesive..made by Beacon Adhesives.  It is fast grabbing to fabric and dries very quickly.  It works fantastic on bonding all types of fabric including leather, and also works great for adding trim to something.  I  have used it on wood as well with only excellent results.  It works good for DIY-ers on fabric and for repairing minor tears and holes in fabrics.

The only downfall I have found to this product is when you first purchase a new bottle of it, you must puncture the tip as with many others.  Usually I stick a pen tip or scissors tip in there and it works on other glues.  This one is so far down I had to actually cut the tip so I cant really use the glue directly out of the bottle.  I actually pour a little onto a folded piece of paper and then apply with a q-tip cotton swab.