This is one of my favourite pieces this season and the large is huge, especially in the shoulders. I've got a Medium on the way but I think you'll be fine in sizing down to the M. The M is obviously a bit slimmer all around but I'm tubby and still found it ok when I tried it on a few months back.
I had originally purchased in a Medium and exchanged for a Small. The Medium fit huge especially in the shoulders. The Small def fits better in the shoulders but is slim. I can only wear a button down underneath it. Thinking this jacket might not work for me. If anybody wants a brand new with tags size Small holler at me before I send back.
Edited by edubs01 - 5/1/13 at 12:12pm