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For those who buy, sell, or invest in art, understanding how these macroeconomic trends might shape the market is essential. From rising costs and regulatory hurdles to shifts in investment ...
Art market news, interviews and opinions: the collectors, gallerists, dealers, art fairs, events and trends impacting the flow of capital in and around art. Search for: Submit Observer ...
The global art market is poised for its second straight year of declines, as demand for the top trophy works wanes and a new generation of buyers favors lower-priced pieces, according to a new survey.
according to the latest annual Art Market Report by Art Basel and UBS. “It’s been a very challenging year overall,” Clare McAndrew, the founder of the research firm Arts Economics ...
The art market is grinding through a rough patch, and no one is feeling the pain more than Sotheby’s. The sales downturn, ...
The art market is nearing a critical inflection point, according to a new 2024 survey of global collecting from Art Basel and UBS. Rich people are getting richer, but art represents a lower ...
The U.S. is by far the world’s largest art market, but it is also one of a dwindling number of jurisdictions where art sales are not subject to any anti-money laundering regulations at all.