Label too crooked and low-resolution or is this possibly legit? What about the materials, seam style, and stitching?
It's in a collection with a photo, a wartime pistol, and what I suspect is a repro P38 hardcase.

An original woven SS label.....

That's what I figured. The large label is terrible, but it also looks newer. I wonder if it was added later. What does the rest look like to you, labels aside? Incorrect?

I would do a black light check and a burn test on a loose thread. I would not expect to find repro labels on an original armband.

run away.