I just picked this up a few weeks ago at the 5th Avenue Store in NYC. It's the Coach Signature Carly Bag. They told me it's a pilot bag and that it's limited edition and only a few stores have it right now. My local store loved it and said they wouldn't get it until March! I love it and it's a great every day size. It has just the right amount of hardware for me. There is a large and a small version as well.