India is quickly becoming a market to watch, with contemporary art sales soaring 122 percent, surpassing Belgium. The report ...
While the art market is undergoing a significant readjustment to return to pre-pandemic levels, it has notably expanded its base. There are now fewer frenzied races to multi-digit record prices ...
Art world employers are bracing for mounting challenges: tighter budgets, falling consumer spending and rising operating costs.
Gone are the days of endless record-breaking bids at art auctions, with the once-booming market spurred by speculator ... galleries -- which affect artists' prices and income.
Knight Frank's Luxury Investment Index reveals a decline in prices of art, fine wine, rare whisky, colored diamonds, and furniture in 2024. Handbags, jewelry, and coins bucked the trend, showing ...
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