CNN  — 

A new Banksy installation has appeared in Croydon, South London, featuring the stab-proof vest worn by British grime superstar Stormzy during his headline set at the Glastonbury festival in July.

The installation appears to be set up as a showroom, with a large sign reading “Gross Domestic Product.”

Banksy has confirmed the new work via an Instagram post, writing: “I’m opening a shop today (although the doors don’t actually open). It’s in Croydon. Probably best viewed at night,” he adds “This showroom is for display purposes only.”

The post includes a flyer that reveals more about the project, hinting at an imminent online sale of the items on display. The website grossdomesticproduct.com currently shows an “opening soon” message.

“This shop has come about as a result of legal action. A greeting cards company are trying to seize legal custody of the name Banksy from the artist, who has been advised the best way to prevent this is to sell his own range of branded merchandise.”

- Source: CNN " data-fave-thumbnails="{"big": { "uri": "https://media.cnn.com/api/v1/images/stellar/prod/181006113638-banksy-shredded-art.jpg?q=x_2,y_0,h_898,w_1596,c_crop/h_540,w_960" }, "small": { "uri": "https://media.cnn.com/api/v1/images/stellar/prod/181006113638-banksy-shredded-art.jpg?q=x_2,y_0,h_898,w_1596,c_crop/h_540,w_960" } }" data-vr-video="false" data-show-html="" data-byline-html="
" data-timestamp-html="" data-check-event-based-preview="" data-is-vertical-video-embed="false" data-network-id="" data-publish-date="2018-10-06T15:54:19Z" data-video-section="style" data-canonical-url="https://www.cnn.com/videos/style/2018/10/06/banksy-painting-self-destructs-orig-tc.cnn" data-branding-key="" data-video-slug="banksy painting self destructs ORIG TC" data-first-publish-slug="banksy painting self destructs ORIG TC" data-video-tags="arts and entertainment,auctions,banksy,celebrities,graffiti art,paintings,visual arts" data-details="">
banksy shredded art
Banksy's shredded artwork renamed
01:31 - Source: CNN
Banksy_Croydon 03

The flyer also states that prices start from £10 (about $12) and availability will be limited.

Among the items on display are several prints, a baby’s crib with CCTV cameras pointed at it, and a rug in the shape of an apparently defunct Tony the Tiger, the cereal mascot.

The stab-proof vest, bearing a large British flag, is a reference the the ongoing knife crime crisis in London. Stormzy was born in Croydon.

Banksy_Croydon 02

The shop’s opening coincides with the auction of “Devolved Parliament,” a Banksy painting depicting chimps in session in the British parliament. It’s set to go under the hammer in London on Thursday, and expected to fetch as much as £2 million (about $2.5 million).