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Most luxury and mid-range bags use bovine hide (cow or calf). Calf is finer and thinner. Cowhide is stronger and thicker. Goat, lamb, and exotic skins exist but are less common at this price tier.
A useful mental model: hide → tannery → finishing → cutting → assembly. Different countries can do different steps. "Italian leather" almost always refers to where the hide was tanned, not where the cow lived or where the bag was sewn. The Leather Guide / Decode brand claims section unpacks this in detail.