Once again, the meaning of this picture is counter intuitive and “made up” by the composition.
The scene is seen from the perspective of the mannequin: at the end of a hard day spent sitting on the street-front, it (or he?) looks deadly bored and tries to kill the time before the shop closes by casually looking at the next passerby.
The directional effect (from the mannequin to the passerby) is achieved by the diagonal connecting the tip of the hat, the feet of the mannequin and the cast of the shadow. Taken as a whole, these elements drive the eye from the mannequin to the persons and not vice-versa.