great write up, how about giving it a real good water bath soak, and wear it to mould over you, when it is almost dry fold and shape the lapel into a shawl, I think it will iron out some of its issues. hope it will settle the bunching of the collar at least to can push the excess material around to make it neater, imo there is some mistake between the neck hole and the collar curve perhaps a little bit too curving than the neck hole and when both part is joined it makes that rippling effect.
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