I did this small bag yesterday trying some new techniques.
The funny thing you see looking out of the bag on the first photograph is my cell phone case.

I tried a new way to attach a cord on the upper border (the green one).
You take a felted cord (I used a cut out of another piece which I cut with the rotary cutter) and wrapped it in a strip of organza. After that I punched the open edge of the organza to the backing. This is the upper cord you can see. Both others are made of knitting wool also punched with the embellisher.
To do the cord for hanging the bag I took a satin band and punched wool on it. I cut once more a strip of organza and sew a tube as wide as the felted satin band. I reversed it and pulled the satin band through. I sew it between the felted bag and the fabric lining.

I also tried tucking the felt and punching it on the bag. I liked this result very much!
I think I will use all these techniques for a coat...