The story
From suede (“a type of soft leather, made from calfskin, with a brushed texture to resemble fabric, often used to make boots, clothing and fashion accessories”) + cloth.
Etymology from Wiktionary, CC BY-SA 4.0.
suedecloth
Today it means: A soft fabric that mimics the texture and appearance of suede, but is made instead from synthetic or natural fibres like polyester and rayon. Full definition →