Loïc Gouzer’s Auction Platform Fair Warning to Sell Major Banksy at Tiffany’s Flagship Store

Loïc Gouzer's auction platform Fair Warning will sell Banksy's *Girl and Balloon on Found Landscape* from the 'Crude Oils' series in an invitation-only live auction at Tiffany & Co.'s Fifth Avenue flagship store on May 20. The work, which carries a $13 to $18 million estimate, modifies a thrifted landscape painting with the artist's signature red heart-shaped balloon. It will be publicly viewable in the store before the sale.

Coco Fusco and Jeffrey Gibson’s Public Lectures, Free Admission at MCA Denver, and More: Industry Moves for May 13, 2026

This week's art industry moves include Coco Fusco and Jeffrey Gibson being named speakers for Johns Hopkins University's Sam Gilliam Lecture Series, with free talks scheduled in Washington, D.C. Other notable developments: MCA Denver received a $1 million gift from the Precourt Foundation for free youth admission through 2031; Xavier Hufkens now represents painter Richard Aldrich; Galatea will represent the estate of Brazilian self-taught painter Grauben do Monte Lima; Green Art Gallery added Sharjah-based artist Fatma Al Ali; Chris Sharp Gallery now represents sculptor Richard Rezac; and the Oakland Museum of California received a ceramics gift and $1 million endowment from the Brian and Edith Heath Foundation. Additionally, a Banksy painting from the "Crude Oils" series is estimated at $18 million for an upcoming Fair Warning auction at Tiffany & Co.

Exhibition | Daniel Arsham, 'Eroded Horizon' at Baró Galeria, Palma, Spain

Baró Galeria presents 'Eroded Horizon', Daniel Arsham's fifth collaboration with the gallery and his second exhibition at its Mallorca location, as part of Art Palma Summer 2026. The show features recent and previously unseen works across sculpture, drawing, and painting, exploring themes of time, decay, and the intersection of body and landscape. Arsham employs materials like marble, sand, bronze, and charcoal to create forms that blend ancient and futuristic aesthetics, continuing his signature fictional archaeology.

Fair Warning Bets Big on a Banksy That Could Realize $18 Million

Fair Warning, the members-only online sales platform founded by former Christie's rainmaker Loïc Gouzer, is staging a rare live auction on May 20 at Tiffany & Co.'s flagship store in New York. The centerpiece is Banksy's *Girl and Balloon on Found Landscape* (2012), a work from the artist's 'Crude Oils' series that has never been publicly exhibited. Consigned by a private collector, the painting carries an ambitious estimate of $13 million–$18 million, one of the highest ever for a Banksy. Gouzer argues that Banksy is among the most consequential artists of our time, comparing his trajectory to Jean-Michel Basquiat, and sees this sale as a landmark moment for the artist's market.

Frieze New York will Open With 68 Galleries from 26 Countries, and Other News.

Frieze New York will open on May 13, 2026, at The Shed with 68 galleries from 26 countries, marking its 15th edition. The fair emphasizes Central and South American galleries, supported by new committee members Fátima González and Omayra Alvarado, alongside blue-chip exhibitors like Gagosian, Hauser & Wirth, and Pace. In other news, Phillips set a watch auction record with its $96.3 million Geneva sale, the Met Gala generated $1.56 billion in media value, and ICFF announced a November 2027 edition. Tiffany & Co. and the CFDA launched a new jewelry design scholarship.

Take a Look Inside This Year's 2026 Met Gala 'Costume Art' Exhibition

The Metropolitan Museum of Art has announced its spring 2026 Costume Institute exhibition titled "Costume Art," along with the accompanying Met Gala fundraiser scheduled for May 4, 2026, with a "Fashion is Art" dress code. The exhibition will debut in the newly designed 12,000-square-foot Condé M. Nast Galleries, featuring nearly 400 objects that juxtapose historical garments with fine art across thematic bodily categories such as the "Classical Body" and "Pregnant Body." Curated by Andrew Bolton, the show includes standout pairings like a Glenn Martens suit with an ancient marble statue and a Comme des Garçons ensemble with a Max Weber painting, with mannequins featuring polished steel heads by artist Samar Hejazi.

Shopping Experience: How Has the Way of Experiencing Luxury Changed?

Shopping experience: com’è cambiato il modo di vivere il lusso?

Luxury retail in Milan is undergoing a significant transformation, evolving from simple commercial spaces into 'cultural brandscapes' that blend art, design, and hospitality. Major fashion houses are redesigning their flagship stores to function as urban salons and living galleries, integrating site-specific art installations, historical architecture, and high-end gastronomy to foster community and tangible experiences in an increasingly digital world.