Global turmoil and rising taxes tilt art trade towards new eraThe international art market is experiencing a notable slump, raising concerns about whether it signals a temporary downturn or lasting change.
My work sells for millions but only a fraction of that came to me,' says Scottish painterPeter Doig highlights the opaque nature of the art market, calling for greater transparency to protect artists.
Small but mighty: sales under $100,000 defy marketThe affordable art market is booming, with auction sales of art worth under $10,000 representing the fastest growing sector post-lockdown.
Christie's results are down 'only' 6% in 2024, 'despite challenging environment'Christie's faced a decrease in sales for the second year in a row, netting $5.7bn in 2024.
Sotheby's core earnings down by 88%, according to FT reportSotheby's core earnings fell by 88% in early 2024 amid a declining art market and increased financial challenges.
Back to school at the Art Business Conference in London: here's what was discussedThe UK art market faces downturns but shows resilience, suggesting recovery by 2025 with shifting buyer preferences.
Global turmoil and rising taxes tilt art trade towards new eraThe international art market is experiencing a notable slump, raising concerns about whether it signals a temporary downturn or lasting change.
My work sells for millions but only a fraction of that came to me,' says Scottish painterPeter Doig highlights the opaque nature of the art market, calling for greater transparency to protect artists.
Small but mighty: sales under $100,000 defy marketThe affordable art market is booming, with auction sales of art worth under $10,000 representing the fastest growing sector post-lockdown.
Christie's results are down 'only' 6% in 2024, 'despite challenging environment'Christie's faced a decrease in sales for the second year in a row, netting $5.7bn in 2024.
Sotheby's core earnings down by 88%, according to FT reportSotheby's core earnings fell by 88% in early 2024 amid a declining art market and increased financial challenges.
Back to school at the Art Business Conference in London: here's what was discussedThe UK art market faces downturns but shows resilience, suggesting recovery by 2025 with shifting buyer preferences.
Bollywood and billionaires: Art Mumbai opens expanded second editionArt Mumbai capitalizes on Mumbai's wealth and Bollywood to attract art collectors and enhance its status.