Sotheby’s and the $14bn hedge fund hawk struggle for control of art market
New York collector Dan Loeb’s bid to unseat auction house head highlights a new mood in the business
Search Results for: art market
Artprice’s Annual Art Market Report: Art sold better than at any other time in history
This year, Artprice’s annual art market report – based on 6.3 million auction results from 4,500 auction houses around the world focused particularly on China’s successful conquest of the global art market. In spite of the sword of Damocles hanging over the West, art in fact sold better in 2011 than at any other time … Read more
Aston Martin blames tough European market for £13.5m loss
Weak sales of new two-seater Vantage sports car compound torrid year for UK carmaker
Global smartphone market drops 9% in biggest ever fall
Demand for new phones appears to be waning with collapse in China market and Apple shipping 5m fewer devices
Frieze art fair enlists Hollywood agency in push to meet mass market demands
A recent deal with WME-IMG talent agency signals a potential move away from the gallery system as investors look to scale up the still minuscule art market
£1.5m Battersea power station apartments held back from market
Downturn at top end prompts developers to withhold from sale 150 flats designed by Frank Gehry and Norman Foster