Help with finding field reference to node title within webform select options view? field reference issue
OK, you're just accessing the wrong (non-existent) properties.  You need 

foreach($view-&gt;result as $item) {
   $options[$item-&gt;product_id] = '&lt;a' . $attributes . '&gt;' . 
       render($item-&gt;field_field_img[0]['rendered']) .
       ' (' . $item-&gt;commerce_product_title . ')' . '&lt;/a&gt;';
 }


I removed $item-&gt;field_title because I don't see it's equivalent in your $items. And without knowing what the field_field_img is it's impossible to tell if that will work for it as well.