That is some pretty lame graffiti. Check out Style Wars, or just watch a train next time one goes by. Three monochrome letters in a shaky script is extremely underwhelming compared to real graffiti art.
Can we please stop calling them "artists" and start calling them what they really are, vandals? There is nothing creating about what this guy did.
People slap the label "art" on crap too quickly. No, not all of it is art. Some of it is; but not all. Just because you can sling some pigment against a flat surface doesn't make it art, and just because you can draw disapproving looks from people doesn't make you an "artist".
This had an artistic and communicative intent, although i would concede that it's not particularly clever or innovative.
Fucking up Marc Jacobs or other massive commercial brands is a cogent statement to be made, and i don't think one that should simply be dismissed as thoughtless vandalism (though vandalism it may be).
Too quickly compared to what? How long do we have to wait before something's declared "art"?
Not claiming this particular graffiti is art - it's rather uncreative compared to Banksy and other such clever artists - just wondering who decides, and how.
Also, good for Mark Jacobs for his elegant response, and for trolling the pretentious.
Really? I feel bad now, I had no idea. My opinion of him has changed :-)
Edit: wait, how do you know this? I've googled a bit but found nothing to suggest it. Whilst it definitely seems like it could be satirical, I wouldn't put it past the fashion industry.
http://en.wikipedia.org/wiki/Style_Wars