Well, it's not red, it's supposed to be orange, almost a red in my eyes though.
I don't understand this issue because it looks fine in photoshop, they are perfectly aligned, but even when you render the files to .dds, which tells me that it has nothing to do with .dds itself, it looks fine in photoshop and .dds, which are 2D images, now, when you open the game and take a look at the objects you'll see that they are misaligned, so it has something to do with the template and the 3D model. Some stock skins have the same issue, others which look different (they were probably made with an older template) don't have that issue.
Belsimtek hasn't replied to me yet.
Also, the image below is another skin, not the one you saw earlier.