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despite global art market contraction prints are thriving 2621263

The print market is experiencing a significant resurgence, defying the broader contraction seen in the global art market. Recent events like the IFPDA Print Fair in New York reported record-breaking attendance of 21,000 visitors, while auction data shows that over 54,000 print lots were sold in 2024—the highest volume in a decade. While total sales value dipped slightly, the decline was far less severe than the 27 percent drop seen in the general fine art sector.

gen z art collecting continuum 2025 1234758630

The Art Basel & UBS Survey of Global Collecting 2025 reveals that Gen Z collectors are reshaping the art market by treating art, sneakers, digital assets, and luxury goods as a single continuum of collectibles. Gen Z allocates 26% of their total wealth to art and collectibles—the highest of any generation—and spends 56% of that on non-traditional items like limited-edition sneakers, handbags, and digital artworks. Digital art ownership has rebounded sharply, with 23% of collectors planning to buy digital works, up from 19% in 2024, and Gen Z shows the strongest appetite for sculpture.

From technology to Gen Z collectors, Adrian Cheng shares the key trends in Hong Kong’s art scene

Adrian Cheng, a key figure in Hong Kong's art world, identifies major trends shaping the city's art scene ahead of Art Basel Hong Kong. He highlights the convergence of major art fairs, auction house sales, and new gallery openings during the 'Art March' period, drawing a global audience with high-profile exhibitions by international artists like Mary Weatherford, Nicole Eisenman, and El Anatsui.

kenny schachter aucton sales column 2725477

Kenny Schachter's column reveals that Jeff Bezos secretly bought Frida Kahlo's 1941 painting *Me and My Parrot* for over $130 million in a private auction hosted by Christie's in 2021, and that Mark Zuckerberg recently purchased René Magritte's 1964 painting *Le fils de l'homme* (The Son of Man) for roughly $150 million in another private treaty sale negotiated by Christie's. The article also discusses a new private auction Christie's is organizing for a major Magritte work valued north of $50 million, and critiques the growing influence of tech billionaires—the "Magnificent 7"—on the art market.

New York’s Rachel Uffner Gallery brings on new partner and rebrands

New York's Rachel Uffner Gallery, founded in 2008, has appointed director Lucy Liu as its first business partner, prompting a rebrand to Uffner & Liu. Liu, 25, joined the gallery as a sales assistant in 2023 and was promoted to director in 2024. The partnership aims to expand the gallery's international presence, particularly in Asia, and to introduce more artists from the Asian American Pacific Islander community into its programming.

Christie’s Situates ‘Sailor Moon’ and ‘Doraemon’ Alongside Hokusai in Its Debut Anime Sale

Christie’s has announced its first-ever auction dedicated to the intersection of anime, manga, and traditional Japanese art. Titled "Anime Starts Here: Japanese Subculture Imagines Tradition," the online sale will debut during Asia Week New York in March, featuring a curated selection that ranges from 19th-century Katsushika Hokusai woodblock prints to original production drawings from iconic series like Sailor Moon and Doraemon. Key highlights include a rare 1953 drawing by the "God of Manga" Tezuka Osamu and a print of Hokusai’s legendary "The Great Wave."

phillips records 10 rise in global sales for 2025 taking 927 m as private sales surge by 66 1234767520

Phillips reported global sales of $927 million for 2025, a 10% increase over the previous year. Auction sales accounted for $725 million, while private sales surged 66% to $202 million. The auction house attributed growth to the launch of Priority Bidding, a platform offering reduced buyer's premiums for early bids, which led to a 275% increase in early selling bids. Phillips achieved an 88% sell-through rate by lot, with seven white-glove auctions and over 110 world auction records. Notable sales included a Patek Philippe watch for $17.6 million and Francis Bacon's *Study for Head of Isabel Rawsthorne and George Dyer* (1967) for $16 million. The luxury watch division generated $290 million, its highest annual total, and the Dropshop platform attracted many first-time and younger buyers.

art basel ubs report women and gen z 1234758514

The Art Basel & UBS Survey of Global Collecting 2025, authored by Clare McAndrew, surveyed 3,100 high-net-worth collectors across ten markets. It reveals that nearly three-quarters of respondents are Gen Z or Millennials, with Gen Z collectors allocating an average of 26% of their wealth to art—the highest of any age group. Female collectors outspent men by 46% in 2024 and the first half of 2025, and 51% of collectors purchased digital artworks. Direct purchases from artists surged to 63%, up from 27% two years earlier, with 35% buying via Instagram links.

Art auctions see millennials, Gen-Z, snap up Asian art, blue-chip artists

A 2024 report by Artprice shows global art auction sales fell by a third to US$9.9 billion, the lowest since 2009, reflecting cautious collector behavior amid economic uncertainty. Despite the downturn, major auction houses—Sotheby’s, Christie’s, Phillips, and Bonhams—have opened new flagship showrooms in Hong Kong, signaling confidence in recovery. Phillips, Christie’s, Sotheby’s, and Bonhams all unveiled spaces in the West Kowloon Cultural District, The Henderson, Landmark Chater, and Six Pacific Place respectively. Online auctions and private sales are growing, with digital innovation helping engage younger buyers.

Yanran Chen Set to Launch First Solo Exhibition In China At ART FOCUS Beijing

Yanran Chen, a Chinese multidisciplinary artist also known as Chloe Chen, will launch her first large-scale solo exhibition in China at the new ART FOCUS space in Beijing's 798 Art District. The exhibition, titled "Neon Dreamland," runs from 23 May to 6 July 2025 and is curated by actor and "Art Knock" founder Yuan Hong. The show is divided into two thematic zones: one featuring her personal paintings and sculptures, including works like "The Mechanical Lifeform" and "Dinner," and another presenting a collaborative series with anime label WaarWorld inspired by Liu Cixin's novel "The Supernova Era." The exhibition coincides with the launch of ART FOCUS, an immersive art space focused on digital integration and cross-genre collaboration, and is part of the broader Beijing Art Season.

These 5 Gen Z Collectors Are Rewriting the Rules of the Art World

Five Gen Z art collectors are profiled, revealing their distinct approaches to acquiring art. They prioritize direct relationships with artists, often via social media, and favor emerging and digital art, with many focusing on artists from their own generation and diverse backgrounds.