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Jenny Gibbs, the Executive Director of the IFPDA and the IFPDA Foundation, is at the forefront of a generational shift in the ...
Attorney J.D. Harriman is skeptical about some of the art market's sales techniques. "There's very little genuine information and data on pricing," he told CNBC via video call. Prices for artworks ...
Unlike Kahlo, whose face appears on cushions and in baby books, Varo, Carrington and Rahon are little known outside the art ...
In 2024, nearly $7.7 billion less was spent on art than the year before, that’s a 12% drop in global sales, according to the ...
However, these small gains are undermined by plummeting profitability across most of the art and antiques market, as prices for virtually all aspects of the business, from shipping to rent ...
At public art auctions, dollar sales of works valued at $10 million or more sank by 45% globally following a 40% drop in value in 2023—the largest price decline among all segments of the market.
the market has roughly hovered in sales value around that $60 billion to $65 billion price point,” says Noah Horowitz, chief executive officer of Art Basel. “But what’s being sold in the ...
The fair’s latest showing for fresh art is propelled by socially engaged work, from Lonnie Holley’s retelling of civil rights history to Lin May Saeed’s vision of animal liberation ...
"I have been to some high-end shops and events without prices visible on luxury items, be they clothes, watches, wines, jewelry or cars. The art market is no different," he told CNBC by email.