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Dec. 26, 2025
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Arts and entertainment

Strong spend in mainland China lifting global art market: UBS, Art Basel

November 3, 2023

While the overall luxury landscape is returning to pre-pandemic norms, art collectors’ spending is maintaining its peak. Image courtesy of Art Basel While the overall luxury landscape is returning to pre-pandemic norms, art collectors’ spending is maintaining its peak. Image courtesy of Art Basel

 

By Zach James

High-net-worth individuals (HNWIs) are continuing to spend on paintings, sculptures, antiques and all art in between, according to a new report by Art Basel and wealth management firm UBS Global.

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  1. Dior, Rizzoli to release book on Lady Art project
  2. In conversation with Hong Kong property and hotel mogul Adrian Cheng
  3. Brioni launches anniversary capsule at Bergdorf Goodman
  4. Veuve Clicquot debuts après-ski activations
  5. Louis Vuitton introduces Visionary Journeys Seoul
  6. Fendi pays homage to artist with playful puppet fall campaign
  7. Dior dives into French Riviera with escapist fragrance
  8. Piaget fetes sixth year of USPA Gold Cup sponsorship with new timepiece
  9. Hermès showcases the surreal for spring campaign
  10. Pratesi continues retail push with new Boston boutique
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