At least he is wearing new pants.
He looks quite new in fact. New pants, shorter "gloves", new detail in his upper arms, new socks.. And he has his regular body shape, not slim as in XIII.
Actually, he isn't wearing gloves, he has wrappings to support his wrists and hands. I don't know what the protective footgear is called but that's i believe the more common alternative to wrapping the foot and the armbands are traditional for muay thai, just like the headgear hwa jai wears in kof 13.
It's not that different from 13 really, but for both joe and ryo they've added more detail and they're both looking good imo. The characters they've shown off in the last couple of trailers have been looking way better than what they started with. Aside from Chang who is awesome and early.
I think it's nice to see that snk(p) has humour and that they are trying to put back old quirks into the game.