[MC-144098] Skin not showing up due to IllegalStateException: Image is not allocated

The bug

When I was going to launch the latest snapshot with my Allison skin, as soon as I created a world, she doesn't show up. No, I didn't drank an invisibility potion.

How to reproduce

Delete the skins folder in .minecraft\assets
Start the game and open a world
→ Your skin will disappear due to IllegalStateException: Image is not allocated

java.lang.IllegalStateException: Image is not allocated.
    at cpf.g(SourceFile:143)
    at cpf.a(SourceFile:325)
    at cpf.a(SourceFile:320)
    at cpf.a(SourceFile:316)
    at dpd.b(SourceFile:48)
    at dpd.a(SourceFile:56)
    at dpd$1.a(SourceFile:128)
    at dpd$1$$Lambda$2583/1405230085.run(Unknown Source)
    at afs.p(SourceFile:66)
    at afs.bd(SourceFile:54)
    at cqn.d(SourceFile:886)
    at cqn.b(SourceFile:407)
    at net.minecraft.client.main.Main.main(SourceFile:154)