The latest in the Members Only resurrection is this luxe leather collabo (the first of 13 planned) with Alife. Lined in red satin and made from lambskin, the classic racer jacket is the same cut as the original that Members Only first introduced in 1981. The limited edition features a midnight blue leather body, black leather arms, and the shoulder insert panels are a jaunty perforated leather. Available exclusively in Alife's New York boutique, their just-opened Vancouver spot, and at select stores in Japan, only 120 pieces will be produced.
Detailed images after the jump.