Toulouse-Lautrec was among the artists, writers and composers of Montmartre who coalesced around La Revue blanche, a monthly journal founded in 1891, devoted to avant-garde theater, literature and the visual arts.

In a typically deft and daring presentation, Toulouse-Lautrec's poster features Misia Natanson, the wife of La Revue blanche's publisher, balancing to the left as she imperceivably, but unmistakenly ice skates.