Noted racist and anti-Semite John Galliano has officially come back to fashion. Maison Martin Margiela, the couture label that designed Kanye West's Yeezus tour wardrobe, confirmed today that Galliano will be its new creative director. Kanye himself first announced the news on Twitter.

Balmain recently debuted a thousand-dollar shredded t-shirt, which got us thinking: How much money could you waste on a t-shirt, jeans, and a trash bag to schlep your empty wallet? Behold, the $15,500 homeless person outfit.