Talk Talk - The Party's Over (1982)
On a design point of view, this artwork is either simple and strong. The typework is a bit straightforward, but the whole thing here is in the visual : it cleverly expresses the Band's name instead of the album's title, which makes sense as it was a debut LP. It has a definite New Wave touch, reminding of the Visage cover for example, and all those New Wave elaborated make-ups, but does provides a striking bizarre feel. There is some Cocteau in this one, and a bit of psychedelic rock, maybe... And the tear makes it perfectly neo-romantic.
This striking sleeve was designed by Bill Smith, a British designer who was art director for Octopus Book, then for Polydor in the late 70' and finally created his own studio : BSS
http://www.bssp.co.uk/ . He was responsible for a wide array of work, and to name just one classic for you New Wave Teds, He did the cover for The Cure's "Killing An Arab"