I noticed that on the creed too. This particular bag is an older bag and some of the older bags do have an O that's slightly larger on the creed and the spacing of the numbers may look different. The stitching does look a bit wonky on this creed, but I can't tell if it's just the way the creed was bent when the picture was taken that may have made it appear that way. I'd be interested in hearing what Hyacinth thinks, as she knows a lot about the older bags.
On a different note...are the BullsEyes on the outlet bags always in the same place?
Thanks
Phyl