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Takashi Murakami will art up Macy’s Thanksgiving Day parade

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Controversial Takashi Murakami exhibit at the Versailles.

On the heels of Takashi Murakami's controversial exhibit at the Versailles (above), the Japanese artist is setting his sights on yet another aging institution: the Macy's Thanksgiving Day Parade.

Murakami has unveiled designs for Kaiaki and Kiki, the balloon characters he plans to float at this year's installment of the annually boring event.

Takashi Murakami and his balloon designs for the Macy's Thanksgiving Day parade.

For those unfamiliar, Murakami is the multimedia artist whose work has graced Louis Vuitton handbags, Kanye West album covers, and New York's Rockefeller Center. He joins Jeff Koons and Keith Harring in the small club of contemporary artists whose creations have floated in the parade. Said one organizer, "Fangs are very hot right now… this is an excellent year for Murakami."