MTV Video Music Awards: See the New Moonman Statue, Designed by Jeremy Scott

Courtesy of MTV

The fashion designer often collaborates with Miley Cyrus, who is hosting this year's award show.

MTV has debuted a new Moonman for the upcoming Video Music Awards.

The new winner's statue — now donning a flag with hues of TV color bars, a peace sign necklace and a pair of distinct sneakers — is designed by Jeremy Scott, an oft-collaborator of awards show host Miley Cyrus.

The man who often dresses Katy Perry, Rita Ora and A$AP Rocky is also designing the costumes for Madonna's upcoming Rebel Heart tour, and has his own documentary coming out in September.

The 2015 MTV Video Music Awards airs Sunday, Aug. 30, at 9 p.m.

Watch a new promo starring Cyrus with the fresh trophy below.