Is this Schott Cafe Racer too big?

Hello,

I purchased this Schott P5525 cafe racer in the spring as a reward to myself for losing weight. Since then, I've gone on to lose more. Does the jacket look too large?

It's a size L and the shoulders feel good. I opted out of the M because it was hard to zipper in the spring, but i think I would have no problem now. Also the sleeves were a tad short.

My biggest issue is that it seems baggy on the body. What do you all think? Keep or sell?

Thanks!...

Is this Schott Cafe Racer too big?