W Hotels debuts in France with W Paris – Opera

Highly-anticipated W Paris – Opera made its debut in Paris marking the launch of W Hotels Worldwide in France. Owned by Barcelona-based Meridia Capital, the luxury hotel is set inside a historic 1870s Haussman-era heritage building near Opéra Garnier, Galeries Lafayette and Place Vendome in the eclectic, historic 9th Arrondissement in Paris. The opening of … Read more

Top 10 Artists by auction revenue

Top 10 Artists: Zhang Daqian, Qi Baishi, Andy Warhol, Pablo Picasso, Xu Beihong, Wu Guanzhong, Fu Baoshi,  Gerhard Richter, Francis Bacon, Li Keran Having emerged as the world’s strongest art marketplace last year, it comes as no surprise to find China’s two leading artists now holding the top two places in Artprice’s global ranking of artists by auction revenue. … Read more

Lichtenstein’s Sleeping Girl, an icon of the Pop Art movement, to be sold at auction

Sotheby’s to Offer Roy Lichtenstein’s Iconic Sleeping Girl From 1964 in New York on 9 May 2012 Roy Lichtenstein’s Sleeping Girl (1964) – one of the high-points of the artist’s comic book inspired paintings and an icon of Post-War American art, is expected to fetch up to $40 million when it is sold at  Sotheby’s … Read more

Net-A-Porter – first major foray into the China luxury e-commerce market

Chinese e-commerce platform Shouke Limited is set to be acquired by the London-based luxury online retailer Net-A-Porter.com, marking that company’s first major foray into the China market. The members-only Shouke shopping website was only one of many well-capitalized luxury e-commerce platforms to spring up in China in the last couple of years, and the country’s … Read more

Flocons de Sel is the France’s 26th Michelin three-star restaurant

“Flocons de Sel” (“Salt Flakes”) challet restaurant located in Megeve resort became the 26th restaurant in France with three Michelin stars. The gastronomic guide lists a total of 4,289 restaurants of which 594 have one to three star ratings. The restaurant’s addition to the Michelin top table still leaves France well behind Japan, which has … Read more

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