Economics
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2010 will be a year of continued reshaping
During the Great Recession in 2009 we reported that gallerists must act "quickly and brutally" in order to survive
Exhibitors wary of investing in weak market, while community groups oppose Scope tent on public open space
Now that auction houses are no longer offering guarantees, an increasing number of purchases are likely to take placeas discreet transactions brokered by art dealers
Exhibitors fear that collectors will no longer make high-price purchases
In an economic downturn, collectors are calling the shots
The current drop in activity may be healthy for the sustainability of the future art market
Museums should beware of being used as marketing tools by collectors
Concerns about the impact of the tumultuous economy seem unwarranted as buyers crowd Basel
The outspoken cultural critic and art historian shared his thoughts on the market during a talk at Frieze art fair in 2007—here is the transcript
In 2007 we noted that strong sales at auction and fairs and more money coming from Russia, Indian and Chinese collectors indicated that confidence in art remained strong
In the throes of crisis, bank states that it will not withdraw its agreement to support Art Basel
Former employee who facilitated the use of offshore accounts sentenced this month for “conspiracy to defraud” US and Internal Revenue Service
In 2007 the economist James Sproule examined the risks facing the market—and the good news was it was not all doom and gloom
The veteran dealer Richard Feigen on the state of the art market in 2007
In 2007 we observed that while most are seen as opportunistic shoppers, some are as knowledgeable as museum curators
In 2007 the creative industries consultant noted that the “insider” aspect of the contemporary art market and hierarchy of knowledge and status that it creates was a significant part of its attraction
Our art market editor assesses the current rise in spending
Influential forces in the Western art world are courting potential Chinese buyers, but this market is far from mature
The Whitney and the Brooklyn Museum could lose annual grants from the conglomerate, which gave $300m to charitable organisations over the past five years
The medium always renews itself, especially when collectors feel prosperous
And many of them are huge art collectors
The British Art Market Federation chairman on Artists' Resale Right representing a serious challenge to market competitiveness in 2005
New report concludes that the levy mainly benefits artists’ estates
What does this mean for auction houses and the growing number of buyers?
Figures show between 1.2% and 17% decline in turnover
In accordance with the president of the Foundation's emphasis on turning over a new leaf, none of the Association's members have been elected to the board
The market today requires that young artists have global representation, but unless they embrace Warholesque production techniques few can keep pace with the demand this entails
The 2001-2 recordings reflect struggling economy, registering a drop in art sponsorship since the millennium