Add several more dents then you won't notice it so much. Seriously if it us just a slight dent you can put just a little steam to it and try to smooth it out so it is not so bothersome.
Since leather wraps are not so thick anyway, if there's much of a dent there it's likely in the wood under the wrap, so I would think steam should do it some good. You may take a straight pin and punch one or two holes straight in, thru the leather and into the wood just a bit for better results. I've seen this work thru clearcoat, so I can't imagine it not working thru leather,,,,,,,,worth a try. Just be careful and don't ruin the leather.