Get some good leather dressing, and rub it in well. Give it time to let it work in, and do it again. The more you do this, the better your leathers will last, and the less any water will affect them. If they're already wet, let them dry out, and then hit them with the dressing.
As to the dye running on the inside, wear a crap t shirt underneath if you're worried, and you only need to be worried the first time it happens!
:cheers:
Chuck