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As the art world enters the final quarter of 2025, industry insiders are closely examining how major fall fairs are influencing year-end sales and shaping expectations for 2026. Despite global art sales declining 12% to $57.5 billion in 2024, the market revealed intriguing dynamics beneath the surface, with transaction volumes actually increasing by 3%. This paradox reflects robust activity in lower-priced segments while the high-end market experienced significant thinning, w

Archie Moore, an artist hailing from Queensland, has announced plans to reimagine Australia's national pavilion for the upcoming Venice Biennale in April as a contemplative space that delves into the ramifications of colonization and imprisonment on Australia's Indigenous populations, while also honoring their enduring spirit. Moore represents the second Indigenous artist to helm a solo exhibition at the Australian pavilion in Venice in its 25-year history, following Tracey M

The second iteration of ART SG, Singapore's premier international art fair, successfully dispelled any concerns about its continued...

The art world, once beleaguered by the challenges posed by the Covid-19 pandemic, is experiencing a renaissance in the realm of art fairs, and this upward trend is poised to persist into the coming year. In the initial throes of the pandemic, the abrupt halt to in-person art fairs prompted reflections within the art community on the financial, health, and environmental sustainability of transporting art and people globally. However, premature predictions of a significant indu

In the wake of the tumultuous journey through the Covid-19 pandemic, the art world now finds itself at a crossroads, grappling with the ramifications of inflation, soaring interest rates, and geopolitical conflicts. As Art Basel Miami Beach reaches its 21st year, where sun, sand, and champagne blend seamlessly with gallery displays, outdoor art installations, and beach parties, beneath the surface lies a narrative of change and recalibration within the global art business. In

Highlights from the Fifth International Artwork Trade Week The Fifth Shanghai International Artwork Trade Week, held from November 9 to November 13, demonstrated a robust recovery in the city's art market, according to recent data released on Wednesday. The event, comprised of over 100 art fairs and 30 auctions as part of the annual Artwork Trade Week, underscores the municipality's ambition to position Shanghai as a premier global trading hub for art. During this year's iter

London remains the preeminent hub of the European art market. It consistently upholds its position as the epicenter of the art world, eclipsing the attention garnered by Paris. External factors, such as Brexit and the global pandemic, momentarily raised questions about whether London would relinquish its prominence to Paris. However, subsequent analysis has dispelled such conjecture as unsubstantiated. In the sphere of art commodification, London continues to assert itself as