Balenciaga "Daim Alphabet Tote"

Seriously Balenciaga has disappointed me in any possible a with this bag :(

Suede open tote with printed leather front panel and Balenciaga alphabet embellishment. Khaki leather trim and red canvas web shoulder strap with olive leather trim. Metallic leather lined interior with zipper pocket
size : 15" x 14" x 7"; 7" handle drop
currently retails for $1,795.00
seen at : www.barneys.com