This is a new item, purchased for display purposes but kept in storage. It's high-waisted with a silhouette that hugs the hips, and it has excellent stretch. As Calzedonia fans know, it's made of a unique, thin stretch material. The size is labeled as M, but it definitely fits like a Japanese L. As you can see in the photo of the hem, it tapers sharply towards the ankle. It has some fold creases from being stored folded, but they should disappear when worn. The manufacturer has withdrawn from the Japanese market, so this item is no longer available. Fans, please consider this opportunity.