I've got something very similar that an American relation of my exh gave me years and years ago.
They sold them in their shop, it cost nowhere near £325, however, it's just as ugly; also has leather handles.
The only reason I've still got it is that having used it a couple of times for the beach I got fed up with the fraying and scratchiness of it and stuck it in a cupboard for years where it got forgotten.
Came across it when I was moving house and keep my knitting in it now.
Agree with pps, the story behind this bag is probably the same as almost every other fashion item you buy from this company or any other: it's been made by some poor sod in a sweat shop in some third world country where the person who made it was paid a pittance.
There's no romantic story behind it. It wasn't woven by some skilful artisan in some far flung island paradise.