I love this and have it in 3 colors. It does peel but a sweater razor can help that. I guess it might not peel if washed on delicate and hung to dry. I've not tried it because I don't care since it is so comfy. I wear a large and I like the dimensions of this large (but I am 67 and not looking to show my shape). If they make new colors next year, I will keep buying.