This beret is lovely and elegant, with KP embroidery and other subtle, dotted embroidery and ribbons that add a nice touch (*^▽^*)g. I purchased it used a few years ago, and my daughter has worn it a few times. It's hard to see, but it has elastic. It's not new, so there is some wear and tear, such as creasing and fuzzing. It will be shipped folded, so please be aware of potential creases. No individual price reductions. Thank you for your understanding regarding this used item.