Mine is black and the label states, "55% acrylic, 45% viscose."  "Made in China."  There is not an attached label like the one shown in the product photo, just the acrylic/viscose label.

It's a light weight that takes the chill away when thrown around your shoulders, but it's definitely not as advertised.  It also has a hole in it that appears to be a defect in the fabric itself rather than a tear -- maybe a second instead of 1st quality.

The price was too good to be true.