Discover the latest trends in global art markets, artwork valuations, and investment opportunities in our Art Market category. Stay updated with in-depth analyses, news, and insights on the works of influential artists shaping the art world.

How Global Turmoil and Rising Taxes are Shaping the Future of the Art Market

Pretty much everyone in the global art market agrees that the industry is experiencing a decline. The big question now is whether this downturn is a temporary phase or a

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Sotheby’s sees an 88% drop in core earnings, says Financial Times report

The financial challenges faced by Sotheby’s have been brought to light in a recent report by the Financial Times, revealing an 88% decrease in core earnings for the auction house

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Exciting Debut of Art021 in Hong Kong: Ambitious and Diverse

The debut edition of Art021HK in Hong Kong, an offshoot of the Shanghai art fair Art021, showcases a diverse and ambitious range of artwork. With a mix of gallery exhibitions

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Nicoletti Gallery in London Expands to Larger Space in Shoreditch, Defying Market Trends

Nicoletti Gallery in London is expanding to a new location in Shoreditch. The move comes at a time when many galleries are facing closures, making it a remarkable decision. The

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Heejae Kang’s Latest Art Purchases: A Look Into His Buying Choices

Fashion entrepreneur Heejae Kang has a personal approach to art collecting, focusing on emotional connections with vibrant and expressive pieces. As the founder of Uptown Girl, she plans to open

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Tefaf Announces Fifth Managing Director in Four Years After Controversy

The European Fine Art Foundation (Tefaf) has appointed Dominique Savelkoul as its new managing director. Savelkoul, who brings extensive experience in the cultural sector, previously served as head of Mu.Zee

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Exploring the Best Local Art Scene in [City]: An Insider’s Guide

When looking to unwind in Seoul, my favourite spot is the Korean sauna at the Four Seasons. The art world in Seoul is a unique blend of tradition and modernity,

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Exploring the Asian Art Market: Highlights from Frieze Seoul 2024

Discover exciting new talents from Asia-based galleries featured in Focus Asia, the section of Frieze Seoul. Stone Island, the official partner, has contributed 30% of each exhibitor’s stand fee. Joselina

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Frieze Revolutionizes The Armory Show’s Debut Edition

The Armory Show returns to the Javits Center this month from 6-8 September, marking its first outing under the Frieze brand. This year, the fair celebrates its 30th anniversary with

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Navigating Uncertainty: Predictions for the Art Market Ahead.

Sotheby’s and Christie’s, two major auction houses, have reported significant drops in sales and earnings in the first half of 2024. This comes as no surprise to the art market,

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