Israel-based artist ELNA created an impressive commercial for Nike. Blending live action sequences, featuring three pairs of custom Nike Dunks, with animation and music samples referencing sneaker obsession, ELNA crafted a very original spot. Enjoy!

Check out the ELNA for Nike Israel custom Dunks after the jump.

Curated Mag caught wind of these larger-than-life fat cap chairs. “Graphic designer Sander van Heukelom has developed a new chair out of a his youthful fascination with and practice in graffiti. The fat cap chair is built in the vision of, yes, a spray can cap. Two styles are presented – one sits directly on the ground, while the other is perched on a base. Both are constructed from styrofoam with a protective coating. The project serves to draw attention to the detail of an often overlooked object. Learn more at capchaired.com.”

The New York Fat Cap Chair is pictured here.

We give you a first look at the new Trek time Trial Bike for Lance Armstrong as designed by Marc Newson. Above is a great shot of the Art Bike in action as Mr. Armstrong takes part in the first time trial of the Tour de France in Monaco. Mr. Armstrong finished ninth as Fabian Cancellara took the stage.

After the jump a more detailed look at the new Lance Armstrong TREK Bike by Marc Newson.

A while back we first introduced to you Pedalmafia iD, a Japanese bike toy maker, letting you design your very own fixie in small scale. Now they have hooked up with Transformers on two Pedal Mafia mini bikes and they came out pretty nice. Furthermore Pedal Mafia has also worked with Tiny Panx, made up of Kan Takagi and Hiroshi Fujiwara, on an upcoming project.

More info on the above follows after the jump.

As part of French label Hixsept’s 10th Anniversary celebration, they’ve introduced a new series of t-shirts under the moniker Atomic Peace. This three t-shirt lineup features a set of re-interpreted symbols created with patchwork shapes and colors. Each design is limited to 150 pieces, and features a special 1999-2009 tag.

To complement the t-shirts, Hixsept recruited artist Samuel Francois to design a poster to represent the collection. The result is a drawing full of worrying realism, where a strange character becomes the guru of a new world where anarchy, peace and duality become universal precepts. This poster is limited to 300 examples and is available for free at all Hixsept retailers.

Have a look at more images of the Hixsept Atomic Peace T-Shirts and Poster after the jump.

Today, Clipse have released the first official single from their upcoming third album Til The Casket Drops. Fans of Pusha and Malice’s classic work will be pleased to hear they’re once again working with Pharrell Williams and The Neptunes. More importantly for some is the original Kaws artwork created for the single. Yes, Kaws will also be designing the cover art for Til The Casket Drops, which is set to drop in September.

Listen now at Complex, or click to download Clipse f/ Pharrell “I’m Good” (Produced by The Neptunes).

Full Clipse x Pharrell x Kaws | I’m Good cover art after the jump.

Following up on stellar work with the likes of Krink, Parra and Steven Harrington, the fourth installment of Incase’s Curated by Arkitip series features work by New York-based design/film studio HunterGatherer. For now all we have is a preview of a woodgrain-inspired laptop sleeve based on a design collaboration between HunterGatherer’s founder Todd St. John and Gary Benzel. We expect more items to surface soon as the HunterGatherer x Incase “Curated by Arkitip” products are set to release this June 23, 2009.

Design Museum has joined forces with Beefeater 24 to celebrate the fearlessly progressive spirit of London’s greatest creative minds, past and present. At the heart of the exhibition are fifteen commissions from some of London’s most dynamic creatives, as a group they demonstrate the diverse approaches to design in London. Among the participants in the exhibition are Zaha Hadid, Tom Dixon, Paul Smith and others.

Paul Smith created a rabbit rubbish bin for the city of London. The ‘New London Rubbish Bin’ will be popping up in Covent Garden and Holland Park for a four-month trial period from 28th May. The giant rabbit bins, with ears that light up when anyone puts rubbish in them, are Paul Smith’s contribution to Super Contemporary – an exhibition which opens on 3rd June 2009 at the Design Museum.

More images of the New London Rubbish Bin by Paul Smith follow after the jump.

Nylon TV has a great new episode. They visited design guru Karim Rashid at home and the designer talked about music, creativity and ideas. Check it out!

For the Tokyo Auto Salon 2009, Teriyaki Boyz member and designer Verbal got to work on the new Toyota iQ. The entire exterior got a chrome look and the interior comes in clean white leather, matching the wheels. The concept was inspired by artist Jeff Koons.

Take a more detailed look at the Toyota iQ x Verbal Car after the jump.