It's not a bug, it's a feature - the original look is only available to people who get it gifted from their valentines; people who buy it for themselves have it greyed out, as a display of shame... Oh oh oh and I almost forgot, you can't unequip it ever, as a practical humor.
j/k, but did you run the updater? I haven't seen anyone with it yet so can't confirm if it's you or serverki. Nevermind it's the lucky wheel stuffki, dunno what's up with that, but it's probably just f*cked up because the lucky wheel promises bright red cloak, not this aliexpress version