'The so-called “gateway drug” effect of luxury has been overstated'

The Paris museum’s leadership is hoping to raise money for a grand project involving reimagined exhibition and hospitality spaces and a subterranean tunnel under the museum to connect it all

The trade is increasingly reliant on an ultra-wealthy international clientele that lives what may be termed a ‘luxury lifestyle’

New moves by Gagosian, Sotheby’s and others aim to boost the art trade via high-end retail

The rich are still looking to buy art, but they want it buttressed by personalities and entertainment

Hermès's alleged sale strategy for the in-demand bags parallels dealers' waiting list policies, but legal experts are sceptical of the lawsuit's merits

Works are largely drawn from the artist's 2017 Venice show

Turnover is increasing at a time of global turmoil—and it is mostly down to growing digital sales and new tastes among the 1%

Plus, Michael Rakowitz's ambitious restitution plans and Rosy Martin's photographical iconostasis

Yayoi's signature style is currently adorning 400 objects in a collaboration with the French luxury fashion house—but it is not clear how involved she is