I don't know why the moment I saw this hobo, it reminds me of Bottega Veneta. It looks like it's very soft and cuddly, like BV nappa.
http://www.doorstepluxury.com/shoulder-bags/nappa-bubbles-bag-9-dark-brown/
http://www.doorstepluxury.com/shoulder-bags/nappa-bubbles-bag-9-dark-brown/