I bought this coat last year at Costco-- for about $60-70. The quality of this coat is amazing- i just wore it to work (it is a VERY rainy day) and it worked well! It is nice and long/slender, so can be worn for a dressy occasion or for everyday wear! It comes with a hood, which I love! I have already washed it once and it did not shrink (I always hang my coats after washing) or discolour. Great rainjacket!