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trending_up market schedule Apr 21, 2026 visibility 5 link 3 artists, 4 galleries

The Iran War Is Already Tanking Luxury Sales in the Gulf—Could Art Be Next?

Escalating military conflict between the US, Israel, and Iran, which has included strikes on Gulf states, is disrupting the region's burgeoning art market. Major events like Art Dubai have been postponed and scaled back significantly due to exhibitor withdrawals, and planned fairs like Frieze Abu Dhabi face uncertainty. The instability has also caused a sharp spike in shipping and insurance costs for artworks moving through the region.

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trending_up market schedule Feb 2, 2026 visibility 3

lvmh shares tank by 8 as luxury sector struggles to recover 1234771272

Shares in French luxury conglomerate LVMH fell roughly 7 percent following the release of its fourth-quarter results. The decline was driven by weaker-than-expected margins and a cautious outlook from leadership, and it triggered a sector-wide sell-off, pulling down shares of other major luxury firms like Kering, Moncler, and Hermès.

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article news schedule Jan 21, 2026 visibility 3 link 1 artist, 2 galleries

how sothebys institute of art is training the next generation of leaders in luxury 2738149

Sotheby's Institute of Art, the academic arm of the Sotheby's auction house, is expanding its focus on luxury business education with three M.A. programs in Luxury Business. These programs, offered in New York and London as well as online, train students in sectors such as fashion, jewelry, watches, and wines and spirits, leveraging the institute's connections to the art market and luxury brands like Chanel, Cartier, LVMH, and Tiffany & Co. Program director Natasha Degen and Dr. Federica Carlotto emphasize the blurring boundaries between art and luxury, and the need for cross-disciplinary expertise.

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