The trade is increasingly reliant on an ultra-wealthy international clientele that lives what may be termed a ‘luxury lifestyle’

New moves by Gagosian, Sotheby’s and others aim to boost the art trade via high-end retail

The rich are still looking to buy art, but they want it buttressed by personalities and entertainment

Hermès's alleged sale strategy for the in-demand bags parallels dealers' waiting list policies, but legal experts are sceptical of the lawsuit's merits

Traditionally reserved for an artist’s greatest works, the term “masterpiece” now appears routinely in auction catalogues, and may just mean a work is good, novel—or expensive

Works are largely drawn from the artist's 2017 Venice show

Turnover is increasing at a time of global turmoil—and it is mostly down to growing digital sales and new tastes among the 1%

Plus, Michael Rakowitz's ambitious restitution plans and Rosy Martin's photographical iconostasis

Yayoi's signature style is currently adorning 400 objects in a collaboration with the French luxury fashion house—but it is not clear how involved she is