I have seen these before and they are of fantastic quality - I had a Dell badged one once and it lasted for years - and they are made from soft REAL leather and not PVC.
At this price it is a steal
This high quality leather bag combines the versatility of the O.E.M. carry bag
with the beauty of real leather (Soft Leather)
MAIN FEATURES ARE...
Padded and lined construction
A very comfortable heavily padded leather handle
High quality detachable and adjustable shoulder strap with padded shoulder pad
Platinum metal fittings
Large outer pocket
Internal strap to hold the notebook firmly in place
Internal pockets to carry accessories, business cards and pens.
Outer Material: Leather / koskin
Lining: Soft brushed nylon and woven nylon
Padding: High quality shock absorbing foam
SIZES (W x H x D)
Maximum External 410 x 310 x 155mm
Main Pocket (Internal) 390 x 290 x 65mm
Outside Pocket (Internal) 390 x 260 x 80mm