Signature Studio Red Purse with gold chain..never used

Vintage, small signature studio red purse w gold chain…approx 8 x 5 made in China with tags… Price tag not on it but has manufacture tag. That tag has a little pink ink on back side. Snap closure see picture…tiny spot on 2nd picture in front right…Tag doesn’t show what material is used but it’s very silky on the outside. Original owner have had since mid 1990s.