Brand new, with tags. *No price reduction.* I have a similar item, so this one has been stored in the closet, still new. 2019 A/W product From the website: To ensure sufficient quality and supply, this year's item is made with specially ordered domestic fabric. This is a carefully crafted, confident piece, made with a smooth, high-quality feel of 100% lamb's wool and a densely packed material base, with a brushed finish to create a thick, voluminous feel. #IENA #IENA Lamb Wool No-Collar Long Coat #Lamb Wool No-Collar Long Coat