This is the "Hammock de Drawstring Mini" way bag from Loewe. It is a bag that can be arranged into various forms depending on the included straps and how it is folded.
Brand
Loewe
Item name: Hammock Drawstring Mini

Size
W Upper 20 Lower 10.5
Height: 19 cm (7.48 in)
Depth: 16.5 cm (6.50 in)
Handle: 17 cm (6.69 in)
Shoulder: 97.5-113 cm (38.39-44.49 in) interval)
Weight: 335 g
Inside: Open pocket x 2
Material
Leather
Color
Main Item: Brown
Hardware: Gold
Accessories
Dust Bag
Shoulder strap
Item details
There is a slight stain on the side leather stopper, and the belt loop for the Creasing, shoulder strap is not included in the inside pocket.