Anyone else have this happen? This is a Reckoning. If it's just cosmetic I don't care, but has anyone had something like this progress to something worse? The other side has it to a lesser degree.
Looks like grosgrain binding, which is basically an edge finisher/cosmetic ribbon. As long as the black sleeve under it isnt fraying or pulling loose, Id put a few drops of super glue on it or burn it.