I've been seeing it everywhere lately! It's apparently the "it" way to wear leather in 2011.
Quilted leather was big in the 1980s and has been seen here and there since then and even before. Searching quilted leather on Etsy brought up some sweet finds such as this quilted red leather bomber jacket and these amazing black Cole Haan quilted leather ankle boots.
Though I would love that Balenciaga motorcycle jacket or those full length black leather Phi gloves pictured above, I can settle for vintage without breaking the bank or killing another animal. Thank goodness for re-emerging trends.