Soft-structured medium Pony bag in plain-coloured tumbled leather with suede interior. This item features two closures: the main one with a magnetic button embellished with ETRO logo and Pegaso symbol, engraved using the same technique used to mint coins; and a second with a functional metal buckle. This model, presented at the Autumn-Winter 25 Runway Show, includes an interchangeable handle and shoulder strap with Paisley-patterned detail at the clasps.