would this yarn felt?

[tarrentella]

I'm looking for a yarn for a felted bag for my aunty. It is to mimic a bag she saw in a store which was lightly felted and still retained some texture and nubiness to it quite like this bag here. I cant realy afford to have two yarns (one textured and another feltable to carry with it) so need somthing that has both features.
I found a Lionbrand yarn called Sasha that looks like it might work, it has a high wool content and lots of texture, but because it is a woven rather than spun yarn i'm not sure if it will felt properly.

any suggestions for yarn, or experience of felting this particular yarn?

thanks

[GinnyG]

It is roving so