Chinese model Tian Yi (Fusion), after Guy Laroche, Paris, February 2012.
Probably Tian has some cute shorts hiding under that coat (I think I took another photograph of her wearing little leather shorts underneath this same coat). For those who aren't keen on bare legs in the middle of winter (or at all!), add some thick opaque tights for warmth/coverage.
Recreate Tian's look (kind of):
Black coat: Cheap Monday Misumi jacket, Helmut Lang Willowed felt coat, Alexander Wang leather bib knee-length jacket, Catherine Malandrino car coat with zippers, or ASOS wool biker coat