Cover looks like an add you see on Instagram.
Could look decent on a newsstand though with the white bordering, from a design stand point it's clear and to the point. Wich is typically the ask of sport advertisements; which this actually is. The global push by Condé Nast to reposition sports within fashion is interesting (annoying). The focus of it for VogueWorld (yes, I get it the games are in Paris) and now this cover being a clear reach from Anna Wintour's creative direction advisement to all editions of Vogue- one thing is clear, this editing team did not know what to do with it. I am sure official for the olympic games contracted with Condé Nast to ensure that the games would be front and center. The Olympics, no matter where it is always has the strongest PR reach, that no one can stop.
Feels like they did the easiest thing possible.