Weekly ArtNews – 02.11

Every Monday, we prepare our selection of the previous week’s more important news. This week, you can read about: 

LVMH-Tiffany Deal Is On, How Google Is Boosting AR?, Top Gagosian Director, Suspended, Huge Losses for Publishers and Songwriters

Germany: “Bad Beuys” Stole An Artwork. The artists made a video of how they stole the work of Jeseph Beuys and gave it to an institution from Tanzania. (Artnet)

LVMH-Tiffany Deal Is On. LVMH agrees $15.8bn takeover of Tiffany. Discount of $425m ends the battle over luxury sector’s biggest-ever deal. (InsiderHook)

How Google Is Boosting AR? Augmented reality is working its way into our live, infiltrating everyday tasks such as Google search (FastCompany)

3D Printed Fashion Show: Ganit Goldstein launched a VR exhibition space to present one of the first fashion collections with cutting edge 3D printing. (JPost)

Quest 2, pre-ordered 5 times more. According to Facebook, the Oculus Quest 2 was ‘pre-ordered five times more’ than the original Quest model which released in 2019, showing an increase toward VR (TechRadar)

3D Street Art: A graffiti artist from Portugal is becoming a social-media sensation with his 3D creations (KidsNews)

Top Gagosian Director, Suspended. Sam Orlofsky has been suspended without pay after allegations of misconduct surfaced online. (ArtNet)

Cyber Monday Will Surpass Black Friday. As consumers are hesitant to shop in-store, so retail experts anticipate that shoppers will opt for Cyber Monday deals (Vogue Business)

Huge Losses for Publishers and Songwriters. Lockdown measures and cuts in advertising revenues might result in losses of up to €3.1 billion in 2020- a decline of 35%. (MusicBusiness

Japan: Scaled-Down Film Festival. One of Asia’s largest film festivals has opened in Tokyo, without the usual entry of actors and directors on a red carpet due to the pandemic. (NHK)