Dear Shaded Viewers,
If you have the time, read this piece, it is a true story about a director trying to get John Galliano to design the costumes for his film and it took place in 2004. I'm sure there will be a lot more stories surfacing, I've already heard a few, this is a good read and the story is true, clearly the image is not.
http://jameskillough.wordpress.com/2011/03/01/spanking-galliano