Captain Underpants...Not

This is a statue in a shopping complex near my suburb. It is placed on the most strategic area in the complex - the entrance. I always passed by without a second glance until one day I happened to drop my shopping bags at the foot, squat down and rearrange them. Then I look up.......

Later the day....

Me: Eh did you realize the Superman in Knox is missing his red underwear?

Cousin: Why you notice such things....

Me: Gr...hey, that made me sound like a perv...it's not intentional

Cousin: Maybe the S stands for Shopping.

Me: Yea...shopping for underwear.