'Richard Hambleton - New York' in Milan

Last night, Giorgio Armani hosted an evening preview of Richard Hambleton's solo show, "Richard Hambleton - New York", at the Armani Teatro in Milan. Curated by Vladimir Restoin Roitfeld and Andy Valmorbida, the exhibition previewed 15 of Hambleton's newest works along with a collection of his earlier paintings. As a true East Village street artist of the 1980s, Richard Hambleton drew quite the crowd. Guests at the gallery and at Armani Privé included Tom Sachs, Clive Owens, Roberta Armani, and Lola Schnabel. Images courtesy of Armani Archives and artist Hank O'Neal, Art Feedback Ltd. / Valmorbida & Co.

Spotlight: Tom's Sachs

Now featured for sale in the Gagosian Gallery's new retail venture on madison Avenue. The work of art costs $12,000 a piece and was produced in an edition of five. Sachs plays on the idea that the Hermes Kelly bag, also priced up to $12,000 in materials like lizard or ostrich skin, is "the holy grail of handbags." But he demotes its status by fashioning the bag from hardware store supplies, commenting on how our society values the name brand.