There's a new bag called "Siena" which LV has rolled out recently. It reminds me of the Palermo pm with a more structured look and feel and in the Damier Ebene print. I still prefer the Palermo and have one in the pm size. I am a monogram girl so I could be bias
Similar yes, but not the Palermo. I love mine and it's one of the only Monogram bags I own