Luxury Daily
The authority in luxury news.
Dec. 4, 2025
  1. Estée Lauder Cos., Jo Malone launch AI scent advisor
  2. New film from Moncler marks return to Winter Olympics
  3. Luxury Unfiltered: The one question most luxury CEOs cannot answer
  4. Dior’s ‘Lady Art’ project turns 10
  5. St. Regis Estates to premiere in 2027
  6. Hyatt names global lead for luxury brands
  7. Fendi reveals holiday window displays
  8. Balenciaga makes holiday statement in new campaign
  9. Mercedes-AMG partners with Brad Pitt, stages racing stunt in Las Vegas
  10. Chopard, Boss, Lancôme front AR experience from Snapchat
Comment
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

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.

To read the entire article, please subscribe or
 
LATEST HEADLINES
MOST POPULAR
  1. Estée Lauder Cos., Jo Malone launch AI scent advisor
  2. New film from Moncler marks return to Winter Olympics
  3. Luxury Unfiltered: The one question most luxury CEOs cannot answer
  4. Dior’s ‘Lady Art’ project turns 10
  5. St. Regis Estates to premiere in 2027
  6. Hyatt names global lead for luxury brands
  7. Fendi reveals holiday window displays
  8. Balenciaga makes holiday statement in new campaign
  9. Mercedes-AMG partners with Brad Pitt, stages racing stunt in Las Vegas
  10. Chopard, Boss, Lancôme front AR experience from Snapchat
VIDEOS
More Videos

MORE IN Arts and entertainment
Presenting bespoke models, Bentley tributes ‘Dutch Masters’
Dior’s ‘Lady Art’ project turns 10
Iris van Herpen wins Perrier-Jouët’s first Design for Nature Award
UBS to premiere contemporary programming at Art Basel Miami Beach 2025
Rolex returns as exclusive partner of Governors Awards
Genesis partners with LACMA for art talks, gallery support



RECENT ARTICLES
Presenting bespoke models, Bentley tributes ‘Dutch Masters’
France welcomes first Case Loewe location
Ralph Lauren, Team USA reveal 2026 Winter Olympic uniforms

Dior’s ‘Lady Art’ project turns 10
New film from Moncler marks return to Winter Olympics
St. Regis Estates to premiere in 2027