New with tags. No holes or stains, but it does have a manufacturer’s defect. The left strap was sewn wrong on the back, so its twisted (shown in pics). It could probably be fixed if you know how to sew, but I personally don’t think it’s that noticeable when on. I’m only selling it because it’s too big for me. Straps are adjustable. Hook and eye closure on the back. Fabric provides stretch.