The shifting market for luxury: can legacy brands navigate new trends and buyers?

Bénédicte Épinay, president and CEO of Comité Colbert, is organizing 'Hidden Treasures,' an exhibition of French luxury brands at The Shed in New York in late May 2025, timed after Frieze art fair and auction week. The show features 96 French luxury brands, 17 cultural institutions, and six European luxury brands, including Musée du Louvre, Balenciaga, Louis Vuitton, and Cartier. The initiative is part of a broader cultural diplomacy strategy, following a similar exhibition in Shanghai in 2024 that helped reduce tariffs on cognac. The article also notes shifting luxury market dynamics, with strong US sales growth projected at 8% in 2026, while Europe remains stagnant, and emerging markets like India show new wealthy buyers driving auction house growth.

An Arie de Vois for Washington

Un Arie de Vois pour Washington

The National Gallery of Art in Washington, D.C., has acquired a self-portrait by the Dutch Golden Age painter Arie de Vois. The work, painted around 1660, depicts the artist in the guise of a hunter, a role that carried erotic connotations in 17th-century Netherlands—the Dutch words for 'hunting' and 'bird-catching' were slang for courtship and sexuality. This acquisition adds a rare and thematically layered example of De Vois's self-portraiture to the museum's collection.