Russian model Kristy Kaurova, after Leonard, Paris, October 2012.
Thanks Kate@Glossy Pages for letting me know Kristy's name!
Recreate her look (kind of):
Love the way she has mixed her leather coat and coated jeans, with the softer, more feminine lace insert blouse.
Reiss Tulipa Cameo white lace insert shirt, Dolce Vita Kasumi top, Joie Sigrid Eyelet top, Anna Sui Applique lace and mesh top, Milly Walker lace top, Darling lace top, or Topshop cotton crochet insert top
J Brand 901 waxed legging jeans, J Brand 901 super skinny coated jeans, Rag & Bone/Jean The Legging Jean, or Koral coated skinny jeans