“You have [Bernard] Arnault buying Tiffany’s and then buying a Basquiat painting and then producing a Patek Philippe limited [edition] watch that is first seen on Jay-Z’s wrist. The interaction of art and commerce and fashion is inevitable. It’s just being accelerated by the consolidation of all these issues, whether it’s Kardashian, Arnault or the Gagosian Gallery having 19 galleries. It’s just more, more, more. It’s also mutually beneficial.”
Andrew Fabricant, COO of Gagosian, WWD(more…)
Hot retail news of the month so far comes from Pharrell Williams’ new online auction platform, Joopiter. “Pioneering a modern collecting economy”, it’s a way to sell off his extensive (11-storage units worth) archive of cultural artefacts, while the site simultaneously serves as an online archive of the archive, complete with content to add cultural clout to the pieces.
The first sale goes live next week (but previews from today here) and will consist of one-off items such as an 18k gold Jacob & Co BlackBerry (est sale price $15k-$25k) and blinged-out Swarovski-ed Stan Smiths (est sale price $2,500-$3,500).
“We want to use the language of a foundation or a museum; moving away from the idea of being a gallery. I want everybody to feel they can come in and educate themselves about design. We want diversity, not only in the artists that we work with but the people that visit us, whether that’s a local school or someone from fashion, the arts or design. We’ve been very successful as a business and now want to give back. We’re seeding things here – we’re not sure what, but we know something beautiful will grow.” Loïc Le Gaillard, Financial Times
News just in: Ladbroke Grove is getting a very zhuzhy arts hub for SS23. (more…)
My blanket fetish continues, and it looks like I’m not the only one. In the last few years, thanks to you-know-what, there’s been a huge rise in home comfort cravings with blankets and throws, not to mention soothing scented candles and tactile cushions, all attracting our attention in the absence of the human touch.
Weighted blankets were big news, but for the more aesthetically inclined, it’s all about the rise of the art blanket and the fashion blanket. (more…)