The Moto 360 received a fantastic response when it finally went on order and sold out almost instantly. The high demand is not known whether to be due to lack of supply or just sheer popularity, but whatever the reason the Moto 360 is very hard to get hold of.
As of posting, however, the Google Play Store is now showing the Black Leather Moto 360 as back in stock, although shipping has already slipped to two weeks.