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Commerce

Art is a supreme luxury object: Tom Sachs

December 8, 2014

Tom Sachs' Tom Sachs' Hermès value meal

 

By Sarah Jones

MIAMI – Compared to luxury, which typically serves some utilitarian function, art is the highest form of luxury, according to artist Tom Sachs last week at The New York Times International Luxury Conference.

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Dior builds five-story statement flagship in Beijing
Louis Vuitton shares names of final Watch Prize contestants, jury members
Chef Yotam Ottolenghi to debut first Netherlands restaurant at Mandarin Oriental Amsterdam