From berroco.com:

Our felted needle case features an un-felted knitted cable in a contrasting color, an ingenious device to organize your needle collection in style.

Materials

Berroco Ultra Alpaca (100 grs)
(MC) 4 Balls #6238 Medium Orchid (860 yards)
(CC) 1 ball #6286 Verdigris Mix (215 yards)

Straight knitting needles, sizes 7 and 11
Crochet hook, size 4.50 mm (G)
Cable needle (cn)
Tapestry needle
Two-1 1/4” buttons
Matching sewing thread and sewing needle

Gauge
12 sts = 4” with 2 strands of yarn held tog on size 11 needles

Body is felted then cable bands are sewn on. Crochet button loops and add buttons to finish.