What a fun label!
I agree with Suzanne--60s. In the thumbnails, the brown trim looks like lucite (which was a standard trim for rattan bags at the time)--what a surprise to see that it's actually gator (whether real, faux, or embossed I can't tell!)
I'm no help with the label either, though I have a vague memory of another "oo7" item being posted about here (?) Guess it was an attempt to capitalize on the popularity of the James Bond movies with Western audiences.