I posted the duffle bag version of this bag. While flipping thru the latest issue of Men's Non+No G's accessories supplement, I spot this tote bag version. I am guessing it is a top zip bag with buckle closures. However, no shoulder strap for this bag and the 'B' insignia is also imprinted on the corner of the bag.
I still prefer the duffle bag version. More unique with 3 ways to carry the bag. This tote version probably looks more formal, like a soft briefcase.
Retail price: ¥207,900. Where to buy: Balenciaga Boutiques