The value of art sold at auctions globally fell by a third last year compared to 2023, with the Chinese market crashing by 63 per cent, newly figures show. Artprice, a France-based consultancy ...
Gone are the days of endless record-breaking bids at art auctions, with the once-booming market spurred by speculator cash in decline since 2021. That has meant some high-end sellers have postponed or ...
Weakening demand at the global art collector level also feeds through to primary sales -- sales of work through galleries -- which affect artists' prices and income. Dewar said that her ...
Sales fell 12.2% year over year to $149.5 million, missing the consensus of $170.6 million due to comparatively lower volumes in the Live Events and Transportation business units. Orders fell 2.7% ...