Why does the Downpour umbrella appear to be missing its water texture in Fortnite?

We are aware of an issue where the Chapter 2 Season 1 victory umbrella, "Downpour" is no longer displaying its water texture correctly for some players. The umbrella does not show the water flowing when you use it. This is affecting all owners of the umbrella.

Our team has investigated this issue and it will be fixed in a future update.