Rethinking the Art World | How Christie’s and Sotheby’s Plan to Remake Their Fortunes
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Rethinking the Art World | How Christie’s and Sotheby’s Plan to Remake Their Fortunes

To proponents of creative destruction, the art business has never felt more like home than right now. Sellers across the market are struggling to reverse its most sustained swoon since the early 2000s amid a multitrillion-dollar generational transfer of wealth, from Boomers to Millennials, who don’t collect art the way their parents did. Downsizings and...

Rethinking The Art World | The Strategy Behind Chanel’s Arts and Culture Push
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Rethinking The Art World | The Strategy Behind Chanel’s Arts and Culture Push

LONDON — A trio of loin-clothed figures in ritualistic masks pose against an arid landscape in Frank Wang Yefeng’s film “Groundless Flower,” currently screening at the High Line Channel in New York. The work promises to immerse viewers in “imaginary worlds where the boundaries between the human and non-human, virtual and physical, dissolve.” In Berlin,...