Digital Innovators in Art 2023: Arts Business Power List
There’s no question that we’re past peak NFT. The market for those non-fungible units of data that live on the blockchain and look like darling little jpegs has fallen off …
UBS
Art Basel Hong Kong 2024 shaping up to be biggest in 5 years, with 242 exhibitors signing up for event in March
Hong Kong’s Art Basel is shaping up to be the biggest in five years, organisers have revealed just weeks after a report showed wealthy collectors were eager to buy amid …
Hong Kong home prices will fall by 10 per cent in 2024, UBS says, amid high interest rates, housing glut
In lockstep with the Fed’s aggressive tightening campaign, the Hong Kong Monetary Authority (HKMA) has raised rates by a cumulative 5.25 percentage points since March 2022, with the base rate …
Family offices need to invest with purpose and values to secure future for next generation, Regal Hotels’ vice-chairman tells summit
Family offices need to invest with purpose and a sense of values if they are to secure a future for the next generation, according to the vice-chairman of one of …
Wealthy Art Collectors Are Retreating From the Market, Says New Study
Amid financial and global turmoil, millionaires are pulling back on their art spending. Cautious collectors are allocating less wealth towards purchases, according to the new Survey of Global Collecting report …
Moncler sales seen rising despite luxury concerns, warmer weather
By Reuters API Published Oct 25, 2023 Italian luxury group Moncler is expected to post a healthy rise in quarterly sales thanks to a strong brand and despite the warmer …
Europe’s luxury stocks at risk of going out of style
By Reuters API Published Oct 10, 2023 Europe’s luxury brands may have sparkled at Paris Fashion Week, but investors are questioning their taste for the shares in the face of …