The Museum of Contemporary Art in Los Angeles currently houses a Murakami exhibition featuring more than 90 works by the artist, Takashi Murakami. Art exhibitions are nothing new at MOCA, but what is novel in this case is a Murakami-Louis Vuitton luxury store amid the exhibition. Translation: museum goers can and have purchased Vuitton-Murakami handbags while checking out art.

While some argue that this first-ever boutique-cum-exhibition erodes the line between culture and commerce, others, like designer Marc ...