
What you are witnessing here is a sequin-covered urinal dress inspired by Duchamp’s “Fountain” that’s part of the Venus In Sequins collection by London’s The Rodnik Band.
One can only imagine the urine-soaked horrors that await anyone that dares wear a dress like this in public.
Product Page (£1,600 or $2596 / Limited edition of 5 via Laughing Squid)

According to the designer:
Public reference to bodily functions is taboo in many cultures. This genre also sees substantial crossover with sexual humor, such as penis jokes. Many researchers interpret toilet humor as a rejection of society’s demand to reject the taboo. Laughing at toilet humor is thus seen as an act of rebellion.
So, if any one asks, you can say that this hat is really an homage to fart jokes.
Product Page ($19—design also available on shirts and bags)