The yarn is Noro Iro color #47. The pattern is a LYS exclusive called
M. P.'s entrelac purse. The purse is really beautiful. I wish they had included a picture with the pattern, but they didn't - or I would post it for you.
http://www.yarncompany.net/ This is link to the LYS. I haven't looked, but maybe they have their patterns available online? I'll check it out and see.