I posted a few weeks ago about the edge paint cracking on my Calista that I got in October. I feel your pain. Someone else said they'd seen peeling edge paint on the Demetria.
Corresponding with him now. It looks to be peeling/curling in places where the strap and strap hardware touch the top of the sides. The handle paint is just curling away from the bottom of the handles. Very sad, I love this little bag!!!so sorry. That is very unusual on an MM bag. Please let Marco know.