I just love it! I did not know this but according to my boyfriend (who bought it for me :)), apparently the drippy 'Chanel' design is based on artwork by 'Zevs' who makes 'liquidated logos'.
This is his original 'Chanel' design:
Other brand logos have also been 'liquidated':
All photos from the artist's website
Wikipedia (that most reliable source) says Zevs is an anonymous street artist from Paris and started producing these liquidated logos in the mid 00s. I love his simple but eye-catching idea. And I LOVE my new wall art. Hooray!