Posts Tagged ‘London’
Not only did DAMIEN HIRST, the most controversial and highest paid living figure in the art world redefine how business is done late last year with his groundbreaking Sotheby's auction, he's managed to thumb his nose at the world of retail this week by opening a second London shop in the middle of the 21st Century Great Depression:
"Damien Hirst has defied the slump in U.K. consumer spending by opening a second shop in London. Other Criteria, the U.K. artist’s publishing and merchandising company, started the store this week at 14 Hinde Street in the Marylebone district. It sells works including some by Hirst himself ranging from his keyrings at 3.50 pounds ($5) to prints showing pills on mirror glass shelves, from an edition of 125, at 4,000 pounds ($5,800) each.
The first branch of Other Criteria opened in October in Bond Street next to Sotheby’s. The previous month, the auction house staged Hirst’s 111.5 million-pound sale, “Beautiful Inside My Head Forever.” Since then, U.K retailers have suffered in the economic slump. Woolworths Group Plc, MFI Group Ltd. and Zavvi Group were chains that collapsed and closed stores.
“Other Criteria makes objects and books created by artists to an exceptional standard,” said Hirst in an e-mailed statement. “I don’t think art has ever been as popular as it is today and Other Criteria aims to sell affordable art of the highest quality to everyone who wants it.” Click HERE to continue reading...
Last year saw the art market operating at unprecedented highs with works by blue chip artists being snapped up as commodities in an array of auctions that made the heads of even seasoned dealers spin. Of course, by year's end Damien Hirst had claimed the title of "ultimate master of the game" with his masterfully timed, record setting "Beautiful Inside My Head Forever" Sotheby's auction at the precise moment the entire worldwide financial market threw a rod and seized. Since then auction houses have been in the kind of despair heretofore known only to the American auto industry while the art market in general has slowed considerably in keeping with the beleaguered economy. The International Asian Art Fair scheduled to take place during this year's NYC-based Armory show in NYC was even cancelled due to financial concerns and was quickly followed suit by the Moscow World Fine Art Fair (May) and the Salzburg Fine Art Fair (August) which were killed off entirely for 2009. Needless to say, the February auctions by Sotheby's, Christies, and Phillips de Pury that began in London on February 5th and run through the 13th are off to a promising start with a smaller, more carefully curated collection bringing in nice returns (the Sotheby's evening sale brought in $25,785,250 alone) and brightening expectations for this year's art market considerably in the process:
"Predictions of an art market meltdown were confounded in London this week as six sales of impressionist, modern and contemporary art at Christie's and Sotheby's turned in solid results.
The auction houses managed to restore confidence to a jittery market with successful sales by radically shrinking the size of the catalogue and lowering estimates compared with last year. Some distress selling is, however, beginning to filter through.
Among the week's highlights were a classic impressionist painting by Monet that fetched £11.2m, a Degas sculpture that sold for £13.3m and a carved stack of cartoon-like animals by Jeff Koons that made £2.8m. The day sales, which offer more moderately priced works, also proved successful.
"We feel a lot better than we did a week ago," said James Roundell, a London dealer. "At best, people thought the sales would be patchy. These results send a positive message to the market." Click HERE to continue reading...
Just in time for Christmas shopping, London's PICTURES ON WALLS has announced a new BANKSY print commemorating his Tesco mural in Shoreditch (now covered in protective plastic) is set to go on sale on December 6th. The signed and numbered silkscreen will be available—alongside a number of other prints we could care less about—via a lottery system whereby would-be buyers can purchase a lottery ticket for £1 GBP (up to 20 per person), with all proceeds going to Sight Savers, an international anti-blindness charity, that will ensure them a CHANCE to snag the actual print when it's released. Unfortunately for international Banksy fans, tickets can only be purchased in person at POW. Winning consumers will be chosen randomly, and the first four names drawn get the print for free. Not a bad deal considering this thing might end up putting your kid through college someday (when people start buying art again)...
PATRICK McNEIL and PATRICK MILLER, the formerly anonymous street art duo known as FAILE blew the doors off their "Lost in Glimmering Shadows" solo show of new work at LAZARIDES GALLERY last month and the BBC's new street art show "Blast" took notice, interviewing the pair for the first time on camera...
The most retro-futuristic place to have a pint in old London is unfortunately the prohibitively members-only HOME HOUSE where the British-Iraqui architect ZAHA HADID recently installed her eye-popping, Jetsons-esque SPACE BAR. Sculpted in metal and finished in matching silver leather all wrapped in a deep coat of glossy automotive metalflake enamel, this to-die-for watering outpost when contrasted by the club's vintage 250-year-old interior could easily double as the set of the finale of Kubrick's 2001...
After a record-breaking solo auction at SOTHEBY’S in September that raised a record $200 million USD, DAMIEN HIRST has announced this week that he’s laying off half of his staff of London-based assistants that create the bulk of his art in a factory-style setting under his Science Ltd. studio umbrella. Having explained in July that he would cease production of some of his most (in)famous series of works including the spin, butterfly, and medicine cabinet lines, after the last offerings of each were sold at Sotheby’s, Hirst has scaled back his workforce accordingly, perhaps in anticipation of upcoming artwork that he promises will be more painterly and hands-on with less emphasis on the manufactured sculptural tableaux he’s become famous for. Around 20 of Hirst’s assistants who are earn a reported $30K USD each, have been let go, and although workers have been told not to speak to the press, the artist’s spokesperson Jude Tyrrell explained, “As previously stated by Damien, he is finishing a number of bodies of works which is why temporary contracts have not been renewed. We have to be mindful of the current economic climate and how this may affect us in the future." After all, art, above all else, must reflect one’s times, no?
In other Hirst news, have a look at Damien’s commentary on his recent entry into the BRITISH MUSEUM’s current “Statuephilia” show and the skull as a metaphor in his art:
After rocketing into the stratosphere of the underground art world in the past few years, the anonymous collaborative street art duo known only as FAILE is making huge waves across the pond with the debut of "Lost in Glimmering Shadows," a show of ambitious multimedia work at London's starmaking LAZARIDES GALLERY. Located in the Lilian Baylis Old School, a special offsite non-gallery venue chosen to maximize the impact of the show's presentation, the vast array of large and huge-scale paintings and sculptures are radiant in their new home, owing much to gallery impresario STEVE LAZARIDES' knack for spectacle. Introducing a new Native American theme to their work, Faile are returning to their early aesthetic influences growing up in the Southwest by channeling appropriated Pop cultural renderings of American Indian culture into their trademark heavily layered work in a pointed commentary on "the expanse of contemporary commercialism at the expense of society's connection with nature and spirit." Explosive color is a unifying theme throughout the show, the focal point of which is a series of impressive new "collage" paintings, and carries through to the beautiful, carved 5-foot-tall Native American wooden prayer wheels engraved with a mix of Faile's trademark Americana iconography, and the smaller wooden boxes bearing more of the same. More subdued were the round palette paintings that mimicked Native American pottery and baskets in both shape and pattern and interwoven with Faile's graphic messaging. With prices ranging from $7,000—100,000 USD and work selling as fast as the gallery can take orders, it's obvious that the world of street art is thus far proving recession proof amid the global economic meltdown. Londoners take note, the show is only on display until November 16th, so don't sleep. HAVE A LOOK: Read More
For better or worse, London remains the undisputed nexus of the "street art" universe where art stunts reign supreme and the city's young upstarts avidly compete in a constant battle of one-upsmanship in the public eye. This Firday nite painter ADAM NEATE in conjunction with venerable gallery ELMS LESTERS PAINTING ROOMS have joined forces to up the ante a bit in presenting "The London Show," a conceptual event whereby the entire city of London will become an impromptu gallery of the artist's work after he deposits 1,000 free pieces of art in the metropolis' endless maze of nooks and crannies:
"As dusk falls on Friday 14th November, Adam Neate will be claiming the streets of London as his personal “gallery” by leaving 1000 artworks scattered across the city. Teams of distributors will begin under cover of darkness at the furthest edges of the capital, working their way towards the centre by daybreak on Saturday, randomly distributing individually numbered ‘unique’ multiples. For one night only, “The London Show” adopts the whole capital as its gallery space and rethinks the idea of the ‘private view’. There won’t be any queues to see the work, no chilled wine, the artist himself won’t necessarily be present - just one thousand chance encounters that make up a conceptually pre-meditated potlatch. Adam Neate reckons to have left around 6,000 paintings on cardboard on the city’s streets over a period dating back many years. But that was at the height of his anonymity and now, with his star in its ascendancy in the British contemporary art scene; his distinctive style has become instantly recognizable. 'The whole concept when I started the free art thing was challenging the notion of art as a commodity and its worth in society,' says the artist. 'Now I’m taking that to another level, testing the viability of separating art from commerce.' To create the works, Neate has worked with a silkscreen printer to ‘mass-produce’ the same number of paintings in a couple of weeks that it would have taken him a year to make by hand. “I’m interested in that Warhol idea of the brand as assisted readymade. Apart from creating the master image in stencil, I haven’t had to touch these works at any point in their production, even the signature is rubber-stamped – and although they’re multiples, each one is compositionally unique.” Printed on cardboard and shrink-wrapped in cellophane, there’s a deliberate attempt to blur the boundary between painting, print, and product. “I remember as a kid going into Woolworth’s and seeing laminated prints of that famous Tretchikoff painting ‘The Chinese Girl’ and thinking it was great that people could have that iconic image at home for next to nothing. I’m hoping that for some people who come across one of these new paintings, they’ll pick it up not because they recognize it as one of mine, but just because they connect with the image and would like to hang it on their wall.” When they get it home, each new owner can decide whether their chance acquisition of an art work by Adam Neate has greater value with the shrink wrap left on (pure product), or taken off (pure painting). Whichever they decide, they still own one thousandth of an extraordinary public art project."
High concept or just hype? You be the judge...
The art "Extravaganza" event that was originally scheduled to take place at the now infamous LAZARIDES GALLERY in London last week during the throes of the FRIEZE ART FAIR was instead turned into the "Shut Down Show" after the local authorities canned STEVE LAZARIDES' original setup over gambling concerns. Turns out Laz's grand plan to sell 250 tickets at £5,000 GBP each for the event—which guaranteed every participant a 1-in-10 chance of winning an original piece of art from the gallerist's stable of artists including Miranda Donovan and Faile and included a raffle of an original BANKSY oil painting valued at more than £300,000 GBP—looked more like a mini casino operation to the gambling commission than a proper art show. Instead, Lazarides stepped to the plate and converted the original fete into an equally impressive group show of art by ANTHONY MICALLEF, INVADER, PAUL INSECT, and JONATHAN YEO, to name a few, that also included several vintage works by Banksy, including the "corrupted" oil painting that was to serve as the centerpiece of the raffle. While everyone who bought tickets for the original party was given a full refund and a piece of free artwork for their trouble, the new show did include a "Gnome Bowling" game whereby anyone knocking down a set of gnome bowling pins received a piece of free art, a less-than-subtle F.U. to the gambling commission if there ever was one. Of course, our man TIM BISKUP was on the scene to take in the spread, pick up on the ladies, and even DJ'd the afterparty side-by-side with Supertouch homie ACYDE at SoHo HOUSE where show attendees like DENNIS HOPPER tore it up late into the foggy eve. HAVE A LOOK: Read More
Parisian photographer/street artist/Supertouch buddy JR has been making big waves in the art world this past year with massive public photographic installations worldwide that have literally stopped a legion of admirers in their tracks with their sheer scale and emotional depth. Now, in London, the artist translates that effect on a smaller scale to the gallery with his first ever UK solo show at the starmaking LAZARIDES GALLERY. Titled "28 Millimeters: Women," the show of mounted photographs chronicles his time spent recently in Rio de Janeiro where he photographed the unknown female residents of various favelas in a project that initially led to a massive hillside favela installation that drew worldwide attention. To up the visual ante on this intimate show, the artist has managed to commandeer some massive walls in the streets near the gallery for a huge-scale street installation that must be seen in person to be believed. HAVE A LOOK: Read More