One of Princess Peach's transformations in Princess Peach: Showtime!, where she can wield a rapier. In this form, she wears a two-sided coat of blue and red, along with a red vest and white pants. She also wears a blue cavalier hat adorned with a red rose and a hat feather, a white ascot and a pair of blue knee boots. Her ponytail is also lower.
This tag implicates princess_peach (learn more).