This is a portable pouch that comes with jewelry purchased at a Bulgari store. When traveling or going out, even small jewelry boxes can be bulky, so I used to put my jewelry in this pouch and slip it into my bag. I received two, and I used the square one, so it shows some signs of wear. The rectangular one is unused and has been stored. It is an authentic BVLGARI product, and the material is smooth to the touch. The snap button is also engraved with the logo. I am selling it because I no longer use it. I hope it finds a good home.