Wagand has come back. He is definitely dirty and ugly. He does not forsake or part with the leather stocking (of the Prophet). Obviously he is in love with the perfume (i.e. the Prophet).
TRADITION: The Prophet used to wear stockings of black leather sometimes. (Mishqat).
بادہ عشق ازخم جانان است،
ھرکہ خود از خویشتن بیگانہ است
(H. Bu-Ali Qalandar)
You get the wine of love from the goblet of the Beloved. He alone would take it who is oblivious of himself.
اے گل بتو خرسندم تو بوئی کسی داری
O rose! I am happy with you. You bear the fragrance of somebody

Wagand, filthy and ugly is here again,
He gives not up the leather sock, being in love with one who perfume sells.

Wagand has come again, as dirty and ugly as ever,
He is not letting go to the chamois sock as he is in
love with the perfume seller.