Back in 2010, the notorious British street artist Banksy came to Los Angeles for the premiere of his documentary Exit Through the Gift Shop. While he was in town, he left a visual gift for his fans, painting the famous “Girl on a Swing” mural on a historic building in L.A.’s downtown fashion district. The mural featured a girl on a swing that was dangling from the red “A” of the word “PARKING” as seen on the wall.
Now, the owners of the building Tarina Tarantino and Alfonso Campos are planning on selling the building after purchasing the lot in 2007. The building itself is considered a historical landmark, having been built in 1914 during the silent-film era. The building appeared in the iconic clock scene in the 1923 silent film Safety Last!starring Harold Lloyd. Initially, Tarantino and Campos paid $4 million USD for the seven-story, 26,000-square-foot building. The couple recently filed for Chapter 11 bankruptcy and now, as a part of the filing, they are selling the building at auction. The New York Times has obtained information in relation to the bankruptcy and has reported that the couple believes the building is worth around $16 million USD, excluding the mural.
Since the Banksy mural is difficult to appraise due to the fact that it is attached to the actual building, it is hard to pinpoint exactly how much this piece would cost. While it was suggested that the next owner can purchase the building and then remove the Banksy to sell again, Sotheby’s head of Private Client Group Holly Dunlap says,
“We would never touch that because it’s not how the artist intended it to be sold. Whenever buildings have a Banksy on them, that Banksy is much more valuable on the building than it is as a piece of brick.”
Dunlap estimates that the sheer size of the Banksy mural, which stands at 12 feet by 33 feet, could fetch at least $10 million USD and perhaps even more on the private market. Dunlap also concurs that for serious art buyers, there would be no way of owning the Banksy, without also buying the building. The couple is aiming to value the final sale of the mural for $30 million USD. Bidding closes on October according to the agency Hilco Real Estate, which is representing the sale.
Lacoste is back with a new collection campaign starring tennis champion Venus Williams and actor Saniyya Sidney, who recently portrayed the role of a young Williams in the Academy Award-winning film, King Richard.
The campaign comes in two separate releases highlighting pieces from both the Spring/Summer 2022 and Fall/Winter 2022 collections. Captured by Irish photographer Ronan Gallagher, the visual direction combines a documentary format with a contemporary street fashion feel. In addition to the release is a short film directed by the talented young duo, Kenten.
The SS22 chapter celebrates the brand’s new tone of voice with a plot that tells a story of unexpected occasions. Showcasing a series of elevated sports-inspired pieces, the narrative features an impromptu meeting between the brand’s newest ambassador Williams and a young Lacoste fan played by Sidney.
Meanwhile, The FW22 chapter follows a short scene of a young teenager returning a white Lacoste jacket to its unexpected owner, Williams. In that instance, the two leads realize that they have the same piece of clothing bearing the brand’s signature crocodile embroidery. The film closes with the two women playfully moving their ways, an ode to the tennis player’s iconic courtside dancing.
In early 2022, Lacoste introduced Venus Williams as its new global ambassador. Alongside, the brand also debuts its line of new silhouettes under the vision of its creative director, Louise Trotter.
Take a look at the campaign’s official photo via the gallery above. Lacoste’s SS22 and FW22 are available on the brand’s website.
Continuing to air his frustrations with adidas (XETRA:ADS.DE -0.58%) on Instagram, Yehas now claimed that the German sportswear company offered him a $1 billion USD buyout. Last week, the vocal creative began to target adidas‘ executives, namely Senior Vice President/General manager Daniel Cherry III, alleging the release of products without his knowledge.
“The fact [adidas] felt they could color my shoes and name them without my approval is really wild,” Ye shared in an Instagram post. Adding, “I really care about building something that changes the world and something I can leave to my kids. They tried to buy me out for 1 billion dollars [USD]. My royalties next year are 500 million dollars [USD] alone.”
Ye has now taken to Instagram once again to lay out potential plans he has for the future. Highlighting the uncertainty of his relationship with adidas, Ye touched on his desire to take over a shoe company or factories for the construction of footwear. Launching an open call for a shoe company that will let him become the head of the board and “chief decision maker.”
In a follow-up Instagram post, Ye shared a screenshot showing a link to San Antonio Shoemakers’ Wikipedia page. Also known as SAS Shoes, the family-owned American shoe manufacturer based in San Antonio, Texas specializes in handcrafted men’s and women’s shoes. The post was simply accompanied by “: ).”
Stay tuned for more developments in Ye’s ongoing feud with adidas.
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