With that "designer" morph name, I can make a pretty good guess where your little one is from.
Frankly I think hypoberry snow is sufficient and more succinct. I'm more convinced there's red factor causing that coloration anyway, but that's a whole other can of worms.
As far as shedding goes, it's sometimes pretty tough to spot without catching it at the right point in the cycle on a snow of any variety. I would say your little fella is very likely in shed though.