I'm not sure, the texture of the lining looks perfect. I wonder about the Tag "Made in Spain", as far as I know Luella have their bags produced in Turkey, and that there is no other inner identification horse or heart plate. The rest looks good. maybe it helps if you had Pics of the dustbag and care card. I have some Luellas, but not this one, I hope someone who has will be able to say for sure.
Greets M