Collectors News USA

Guess Jeans boss to open Los Angeles art space

Maurice Marciano is looking for a space to house exhibitions, a library and a studio for an artist-in-residence

Maurice Marciano with Cio Soler at the 2011 LA MOCA gala, "An Artist's Life Manifesto", directed by Marina Abramovic

The co-founder of Guess Jeans, Maurice Marciano, is planning to open a contemporary art foundation in Los Angeles. Marciano is said to be working with the art adviser Kimberly Chang on plans for a 50,000 sq. ft centre, which will house exhibition spaces, a library and a studio for an artist in residence.

A site has yet to be confirmed, although Marciano is believed to be concentrating on downtown Los Angeles, close to the Walt Disney Concert Hall and to Eli Broad’s planned museum, which is due to open in 2014.

While Marciano has been collecting art for decades, he “has been buying very avidly for the past few years”, one source says. His substantial collection is said to contain works by the current art-market favourites Mark Grotjahn and Sterling Ruby.

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