This is the Franklin Mint Porcelain Teddington Bear figurine, Lord Margate.
Lord Margate is dressed in a white jacket with pink stripes, a yellow vest with stripes, a light blue shirt, lavender pants, a blue bow tie, and a straw hat with a pink and white striped band.
He measures about 3.75" tall, and 2" wide.
This bear is in good pre-owned condition.