Quote of the day: Gagosian COO Andrew Fabricant

Jean-Michel Basquiat Equals Pi Tiffany LVMH

“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

Rumours are swirling again that LVMH is in talks with art dealer heavyweights Gagosian of a possible acquisition. ARTnews has the goss…

UPDATE: News just in, Gagosian has assembled a board of advisers to help him chart a course for the future. LVMH’s Delphine Arnault, Sofia Coppola and Snapchat’s Evan Spiegel are in the exclusive ‘brain pool’. More here.

WORDS: Disneyrollergirl / Navaz Batliwalla
IMAGE: Jean-Michel Basquiat ‘Equals Pi’
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