filter_list Showing 6 results for "generational change" close Clear
dashboard All 6 trending_up market 5person people 1
sort Sort star Relevance trending_up Momentum schedule Recent source Most Covered visibility Most Read
date_range Range Today This Week This Month All
Subscribe
trending_up market schedule Oct 23, 2025 visibility 13 link 3 artists, 1 gallery

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.

newspaper ARTnews open_in_new Read original
trending_up market schedule Dec 5, 2025 visibility 27 link 18 artists

new money new taste intel report march 2025 2622189

The article, part of Artnet's Intelligence Report, profiles the rise of a new generation of art collectors, exemplified by Justine Freeman, granddaughter of legendary patron Betty Freeman. It highlights how millennials and Gen Z, who accounted for a quarter to a third of bidders at major auction houses in 2024, are reshaping the market by focusing on ultra-contemporary artists like Jadé Fadojutimi and Hilary Pecis, as well as nontraditional collectibles such as sneakers and Hermès bags. Notable sales include Maurizio Cattelan's banana artwork "Comedian" for $6.2 million to a 34-year-old crypto entrepreneur.

newspaper Artnet News open_in_new Read original
trending_up market schedule Sep 24, 2025 visibility 20 link 11 artists, 2 galleries

picasso christies hong kong industry moves 1234753521

Christie's Hong Kong is offering Pablo Picasso's 1944 painting *Buste de femme* with a high estimate of HK$106 million (about $13.6 million) at its 20th/21st Century evening sale, making it the top lot in Hong Kong's September sales across the three major auction houses. Other notable lots include Zao Wou-Ki's *7.3.63* (estimate HK$70–90 million) at Christie's and two Yoshitomo Nara works at Sotheby's and Phillips. In other industry moves, New York's Tilton Gallery is closing after its upcoming Ruth Vollmer exhibition; Esther Schipper Gallery now represents Lotus L. Kang; Başak Doğa Temür and Nilbar Güreş will collaborate on the Turkish Pavilion at the 2026 Venice Biennale; Yan Du Project has appointed Billy Tang as artistic director; and Phillips will auction a juvenile triceratops skeleton in New York.

newspaper ARTnews open_in_new Read original
trending_up market schedule Aug 23, 2025 visibility 15 link 12 artists, 1 gallery

How the wealth transfer from Boomers to their children will shake up the art market

The article examines how the transfer of wealth from Baby Boomers to younger generations is reshaping the Australian art market. As Boomers downsize or pass away, their tightly held collections—featuring artists like Grace Cossington Smith, Howard Arkley, and Brett Whiteley—are entering auction houses, creating rare buying opportunities. Meanwhile, younger collectors (Gen X, Millennials, Gen Z) face economic uncertainty, leading to a softening in the ultra-contemporary market and a decline in NFTs. New models of online and agency representation are bypassing traditional galleries, and galleries themselves are undergoing generational change, with some closing and others like Ames Yavuz and D'Lan Contemporary expanding.

newspaper SMH.com.au open_in_new Read original
person people schedule Jan 8, 2026 visibility 15 link 7 artists

art max hollein met museum interview

Max Hollein, director and CEO of the Metropolitan Museum of Art, discusses the institution's upcoming major projects in an interview with a chair of the Met's Vanguard Council. These include the groundbreaking of the new Tang Wing for Modern and Contemporary Art, designed by Frida Escobedo, a major Raphael exhibition, and the Met Gala co-chaired by Beyoncé. Hollein reflects on the launch of the Vanguard Council, a next-generation patron group, and the museum's efforts to engage younger audiences.

newspaper Cultured open_in_new Read original
trending_up market schedule Nov 3, 2025 visibility 9

With sanctions on Iranian art, buyers are turning to India

The article reports a significant shift in the Islamic art market, where traditional Persianate works from Iran are declining in sales and value, while art from India and historic Arab polities is rising. At Sotheby's April 2025 sale, 14 of 27 Persian works went unsold, continuing a long-term slump. Key factors include U.S. sanctions on Iran that restrict export of Iranian-origin works, aging collectors, maturing museums, and a generational shift away from classical art toward contemporary pieces. In contrast, Mughal art from India is experiencing a steady price increase, reflecting the repositioning of the market away from Persianate mainstays.

newspaper The Art Newspaper open_in_new Read original

Sourced from 42 outlets. Updated continuously.

Subscribe to News Digests  ·  Manage Preferences  ·  Vasari Streaming Art