A "tassel bag" refers to a type of bag that has small decorative strings hanging from it called tassels.
Sentences with «tassel bag»
I kept with the blue theme and paired it with the cutest bell sleeve t - shirt (only $ 10), my favorite tassel bag, and the cutest sandals for summer. (straightastyleblog.com)
It also looks super cute paired with my straw tassel bag! (zdesignathome.com)