WOMEN'S Coca Cola branded t-shirt size L but fits smaller

Coca Cola branded and licensed v-neck t-shirt. Sizing info says this is a large; however, it fits smaller. Please review measurements below to ensure a proper fit. A weathered red colour. Overall small pilling is present. 50% Cotton, 50% Polyester Laid flat measurements: Pit to pit: 17.5" Back length: 24.5"