16 October 2006

Boxing in Contemporary Art

It is out right war on the art scene between Pinault (PPR) and Arnault (LVMH).
Before writing this post I googled "arnault art -pinault" and "pinault art -arnault". 1 point to Pinault (332000 pages as opposed to 142000 for his opposant).
Let's just recapitulate: Obviously you have noticed the ping pong going on this year: Isle seguin (previous post : Fondation Pinault), Fondation Louis Vuitton (previous post : LVMH has found it's soul) now Pinault tops the charts in becoming this year's most influent person in the art world according to artreview (I might have omitted a couple of exhibitions).

I won't go into the fact that both have contributed in a very influential way in various art events and exhibits. I won't into the fact that Christie's was bought by Pinault in 1998, followed closely by Arnault's purchase of Jacques Tajan (and caressing the secret ambition of purchasing Sotheby's) either.

So what's all the fuss about? Contemporary art and luxury goods have been hand in hand since both acquired notoriety. This battle of the art just makes me say: "hey! there are other foundations too"...

Here are the other less publicised examples of luxury brand owned foundations (not all have prestigious venues):
Fondation Cartier
Fondation Prada
Fondation Pierre Bergé YSL (mainly fashion)
Fondation Audemars Piguet
La verrière Hermès

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