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CNN —A fossilized mammoth skull, centuries-old ceramics and Banksy’s famous self-shredding painting are among hundreds of high-value collectibles on show at Sotheby’s ambitious new retail outpost in Hong Kong. With younger collectors seemingly in mind, items on the first floor range in price from 5,000 to 50 million Hong Kong dollars ($640 to $6.4 million). The venture is the latest signal that major auction houses still consider Hong Kong to be their long-term hub in Asia. In June, Hermès also unveiled its expanded retail space in the neighborhood. It has simultaneously sought to grow its footprint in Hong Kong — not only with its newly unveiled Maison, but also a nearby 36,000-square-foot regional headquarters, due to open later this year.
Persons: Maison, Hong Kong, Art Basel’s, Isaac Lawrence, Louis Vuitton, Hermès, Sotheby’s, Patrick Drahi, Hong Kong —, Christie’s, Zaha Hadid’s, Phillips, Bonhams, Nathan Drahi Organizations: CNN, Hong Kong, UBS, Art, Art Basel, Getty, PricewaterhouseCoopers, Louis, Sotheby’s Locations: Hong Kong, Central, Asia, China, Hong, Hong Kong's Central, AFP, London, Singapore, Shanghai, Sotheby’s, Sotheby’s Asia, Paris, New York
After a degree in fine art, Lambert imagined he would become an art teacher, but a chance meeting with an art dealer who hired him as an assistant set him on a different path. Then, after a stint at another dealership, he opened his own gallery in September — Lambert Fine Art — in the British town of Stratford-upon-Avon. Dealing in art is a trade Lambert described as "unusual," because art is often a purchase driven by emotion rather than need. 'The business needs new blood'The world of art dealing can be intimidating to new entrants, according to Olya Johnson, an interior architect and co-founder of art and interiors business Relic, which she set up in 2023. Risks of dealing artThe occupation can also be risky, because dealers often own multiple pieces of art without knowing when they will be sold, according to the dealers CNBC spoke to.
Persons: , Mark Lambert, Andy Warhol, Pablo Picasso, Claude Monet, Lambert, , — Lambert, " Lambert, Olya Johnson, Johnson, Rasid, Relic, Colefax, Fowler, Natalie Vosloo, it's, Tom Rooth, Jack Roberts, I've, Roberts, David Hockney, Jeff Koons, Damien Hirst, Banksy, Shannon Finney Organizations: Art, CNBC, — Lambert Fine Art, Fair, Anadolu, Getty, Washington , DC Locations: Stratford, Avon, London, Battersea Park, Washington ,
New Banksy mural depicting tree foliage appears in north London
  + stars: | 2024-03-18 | by ( ) www.cnbc.com   time to read: +1 min
People view a new mural attributed to the British artist Banksy on a wall in north London, Britain, March 18, 2024. A new artwork by British street artist Banksy has appeared in London, using green paint sprayed across the side of a building to mimic the foliage of a real, heavily pruned tree that stands a few metres in front of it. When viewed from certain angles, the green paint lines up with the tree's bare branches to represent its leaves. The work includes a stencil, typical of Banksy, of a person holding a spraying device, dripping in green paint. In December, artwork by Banksy showing three grey drones across a "STOP" traffic sign in south London was removed by an unidentified man in broad daylight as passersby looked on.
Persons: Banksy, Jeremy Corbyn, Corbyn Organizations: Labour Party, Police Locations: British, London, Britain, Islington
Kaitlin and Josh Chmil moved to Tennessee and bought a house with a rundown indoor pool in 2020. AdvertisementThis as-told-to essay is based on a conversation with Kaitlin and Josh Chmil, a couple who renovated an indoor pool in their Crossville, Tennessee, home. AdvertisementWe had no desire for an indoor pool or anything like that. Josh: They didn't have any comps in the area because an indoor pool is not a very common thing — especially in middle Tennessee. We want to sit back and enjoy some of the things we've done because I feel like we've been in this perpetual cycle of buy, renovate, sell, buy, renovate, sell, buy.
Persons: Kaitlin, Josh Chmil, , Kaitlin Chmil, Pete, Josh, we'd, Chmil, It's, We're, we've, it's Organizations: Service, Facebook Locations: Tennessee, Crossville , Tennessee, St . Petersburg , Florida, Banksy's
CNN —Anonymity lies at the center of the mythology surrounding the elusive street artist Banksy, but he may have revealed his name in a resurfaced interview. However, all might not be as it seems, as is so often the case with Banksy – an artist known for his satirical humor, subversive methods and anti-authority themes. “A name comes out,” Peak told CNN Tuesday. “If you are a guy making art that sells for ridiculous sums of money and you have this… administration around you, I have often wondered how pure you can be in your intention and art,” Peak added. Asked whether his exhibition was about anarchism, Banksy told Wrench: “I’m interested in injustice.
Persons: Banksy, , Nigel Wrench, Robert Banks, “ It’s Robbie, ” Wrench, James, , Banksy –, Robbie Banks, Alexander Scheuber, Edward Colston, Wrench, Winston Churchill, he’s, didn’t, “ I’m Organizations: CNN, BBC, Independent, US National Public Radio, Metropolitan Locations: Ukraine, England, Paris
MILAN, March 26 (Reuters) - A rescue ship funded by British street artist Banksy was seized in Lampedusa on Sunday after Italy's coast guard said the boat had disobeyed its instructions to head to Sicily after carrying out a migrant rescue operation. The coast guard said it had ordered the MV Louise Michel ship to dock in Trapani in Sicily after it performed an initial rescue operation in Libya's Search And Rescue area. The coast guard added that it was already on its way to assist the three other boats at the time. It ordered the Louise Michel to dock in accordance with a new law passed in Italy this year establishing a code of conduct for migrant charity ships, the coast guard said. The coast guard said it wanted to prevent the ship from taking too many people on board, thereby putting their safety at risk.
HONG KONG, March 22 (Reuters) - An heiress of the Hong Kong beverage giant Vitasoy International (0345.HK) is suing prominent gallery owner Pearl Lam, saying she has paid 500,000 pounds ($613,000) for a Banksy painting that was never delivered, according to a court writ filed this week. The 2005 painting by the British artist is a "remix" of a masterpiece by Impressionist painter Claude Monet. It was sold at a Sotheby's auction in October 2020 for more than 7.5 million pounds, far above an estimated sale price of 3 million pounds to 5 million pounds. Lam is one of more than 170 gallery owners participating in Art Basel Hong Kong this week. Reporting by Farah Master and Anne Marie Roantree; Editing by Bernadette BaumOur Standards: The Thomson Reuters Trust Principles.
Valentine?s day mascara @banksy/via REUTERSMARGATE, England, Feb 14 (Reuters) - British street artist Banksy confirmed a new mural showing a 1950s housewife with a swollen eye apparently pushing a man into an abandoned chest freezer was his work early on Valentine's Day, just hours before the appliance was removed. The artwork, which Banksy titled 'Valentine's day mascara' on his website, appeared in the seaside town of Margate, east England, on Sunday night. Artist Pete Brown was painting the scene when the genuine freezer -- which formed an integral part of the mural -- was removed on Tuesday morning. "The fridge freezer is now in storage and will be returned once it has been made safe to the public," the council said. "I always thought maybe someone might put a mural on the wall, but I was never expecting a Banksy," he said.
A group of thieves were thwarted after they attempted to steal a mural by the renowned street artist Banksy on the outskirts of Kyiv, a Ukrainian official said Friday. He said the thieves “were detained at the scene,” and the image was “undamaged” and under the protection of law enforcement officers. A vocal anti-war activist, Banksy has also painted murals in Gaza and the West Bank. His work, normally sprayed on the sides of buildings, has been threatened by thieves before. In June, eight were convicted in Paris over the 2019 theft of a Banksy mural at the Bataclan concert hall in Paris which commemorated the victims of a 2015 terror attack at the venue.
REUTERS/Gleb GaranichHORENKA, Ukraine, Nov 21 (Reuters) - As they head into a cold winter, residents of a bombed-out Ukrainian village say they appreciate a warm bath in a mural painted by graffiti artist Banksy. The dirt of the Russian Federation...," Tetiana Reznychenko, 43, told Reuters as snow fell around her. The mural is one of one of seven that Banksy has confirmed painting in Ukraine. Reznychenko said she had given Banksy's team a mug of instant coffee in her apartment, as it was cold when the artist came to paint the mural. She has a wood stove in her apartment but no electricity, heating or running water as winter sets in.
Anonymous graffiti artist Banksy encouraged shoplifters to steal from a Guess store in London. Guess said its collection was produced legally in a partnership with licensing company Brandalised. Guess said the collection was created legally through a partnership with Brandalised, "an urban graffiti licensing company whose mission is to offer Banksy fans affordable graffiti collectibles." Shortly after Banksy's post, Guess closed the Regent Street store, and covered up the window display, BBC News reported. Guess, Brandalised and Banksy did not immediately respond to requests for comment from Insider.
[1/4] Employees remove lettering from a window display inside a Guess store which included the artwork "Flower Thrower" by street artist Banksy, on Regent Street in London, Britain, November 18, 2022. REUTERS/Henry NichollsLONDON, Nov 18 (Reuters) - Renowned graffiti artist Banksy on Friday criticised fashion retailer Guess, saying it had used his work without permission, and invited shoplifters to pay the London shop a visit. Banksy, whose true identity is a closely guarded secret, posted a photo of Guess' Regent Street store in central London on Instagram, suggesting shoplifters should pay it a visit. Please go to GUESS on Regent Street. After the Banksy post, store staff covered the window display.
Bansky revealed a mural in Ukranian village Borodyanka Friday, which was left devastated by Russian forces early on in the invasion. The artist unveiled the mural of a female gymnast on Instagram with three pictures and the caption "Borodyanka, Ukraine." Borodyanka, located about 30 miles north of capital Kyiv, was hit hard early on in the invasion by Russian forces, and occupied quickly. Russian forces retreated early April, leaving behind destroyed buildings and rubble. Another resident told NBC News that after one apartment building was bombed, they could hear screams for days from people asking for help.
Banksy created a mural of a gymnast balancing on a pile of rubble in Borodyanka, Ukraine. The town outside Kyiv was invaded and damaged by Russian shelling in the early months of the war. Graffiti in the city of Borodyanka, Ukraine, on November 12, 2022. A person walks by graffiti, possibly by Banksy, in the city of Irpin, Ukraine, on November 12, 2022. Oleg Pereverzev/NurPhoto via Getty ImagesResidents fled the town in March during a bout of Russian shelling, which one Ukrainian official said was "100% targeting civilians."
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