Tag: Market

Buying Activity at Abu Dhabi Art Signals a Market Comeback for the UAE Despite a Looming Global Recession

In previous years, even before the pandemic struck a blow to art fair attendance, the halls at Abu Dhabi Art were sparsely populated with visitors, leaving many dealers to ponder whether the market had gone dry in the UAE capital. But at the 14th edition of the fair this year, flocks of guests from the region and beyond populated fair grounds on all days. ...

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The Art Newspaper is looking for an associate editor specialising in the art market (New York)

About The Art NewspaperFor more than 30 years, The Art Newspaper has been covering the world of art—and the world in which art happens. We write about all the latest developments, but also analyse the most significant events and trends, looking at how the international landscape of art and culture shapes—and is shaped—by politics, society, the economy, technology and the environment.We serve an international ...

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‘The More You Shut Up, the Better’: Painter Adrian Ghenie on Giving Up Trying to Control His Frankenstein Monster of an Art Market

Money first, art second. That’s how conversations about Adrian Ghenie usually go. In the art industry, the Romanian painter is a celebrity. Collectors have been clamoring for his semi-abstract compositions since he burst onto the international scene around a decade ago. Today, primary access to Ghenie’s work is tighter than ever, and flippers are having a fiesta. In the first half of this year, ...

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Art Industry News: Why Gen-Z and Millennial Buyers Could Soon Dominate Hong Kong’s Auction Market + Other Stories

Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Friday, October 7. NEED-TO-READ Young Hong Kongers Are Driving the City’s Market – Auction houses have seen a jump in the number of Millennial and Gen-Z buyers this year. A third of the bidders for ...

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Does the Market Only Pay Attention to Art From the Middle East During Times of Conflict?

On January 28, 2011, Egyptian multimedia artist Ahmed Basiony, 33, returned to Cairo’s Tahrir Square to protest. Just like millions of other Egyptians, he demanded the overthrow of President Hosni Mubarak and an end to his 30 years of autocratic rule. Basiony, known for his work in new media technology, screamed and yelled, until he was beaten by riot police and was shot dead ...

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the art market returns to strong growth in the West

PARIS, Sept. 6, 2022 /PRNewswire/ -- Global turnover from Fine Art auction sales increased by 8.8% in H1 2022, despite another wave of Covid-19 in China. Artprice counted a record number of auction transactions around the world and observes a growing enthusiasm for works by artists from the second half of the 20th and the beginning of the 21st century, whose prices are highly ...

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The Art Market is Heavily Segmented – Magnus Resch

https://www.youtube.com/watch?v=/x8Qhxiy-Q6Q The art market is heavily skewed towards a few artists who are good at networking, said Magnus Resch, Art Economist and Author. “Twenty artists make up almost 50 percent of the total value of the contemporary art auction market,” said Resch. “If you want to make money investing in art, it’s very simple. Buy one of the big household names.” ...

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Art market pushes on with rocky crypto romance

Issued on: 21/08/2022 - 05:52Modified: 21/08/2022 - 05:50 Paris (AFP) – The closest most people get to owning a world-famous artwork is to buy a cheap poster from a gallery, but art dealers are determined to harness technology to draw in new collectors. Anaida Schneider, a former banker based in Switzerland, is among those promoting new ownership schemes -- for a small fee, investors ...

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Rexburg artists to launch East Idaho Art Market

REXBURG — Two Rexburg friends and fellow artists have decided it’s high time for East Idaho to have its own fine art market. The East Idaho Art Market will be held Saturday, Aug. 27, from 10:30 a.m. to 7 p.m. behind the Madison School District offices at 60 West Main Street in Rexburg. It will feature more than 30 artisans and makers of handmade ...

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Albert Namatjira’s work hitting new highs on the art market as demand surges

In the 1950s, Albert Namatjira's iconic watercolour artwork would often sell on the streets of Alice Springs for just a few shillings.Key points:Demand for Albert Namatjira artwork has surged, with one piece fetching more than $120,000A prominent art proprietor says people are realising how important an artist the Arrente man wasA member of Namatjira's family says his legacy has inspired many others to follow in ...

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