Connect with us

Global Art Market

Thousands of global foodies visit World Halal Food Festival in London

Published

on

Source: Arab News

LONDON: More than 20,000 foodies from across the globe flocked to the UK capital, London, for a flavorful weekend to attend the annual World Halal Food Festival, organizers said.

Now in its eighth year, the event is considered the biggest and longest-running halal food festival in the world, and was held on Sept. 23-24 at the London Stadium in the Queen Elizabeth Olympic Park.

“I’ve been here from the beginning and it’s been incredible to watch it grow,” Shelina Permalloo, winner of UK Master Chef 2012, told Arab News. “And we’re growing from strength to strength, getting new chefs in all the time.”

Read more: https://www.arabnews.com/node/2383766/world

Global Art Market

Art and Sculpture Market Expected to Surpass US$ 115.64 Billion by 2034 at 10.4% CAGR As Revealed In New Report

Published

on

Source: WhaTech

The art and sculpture market is a vibrant realm where creativity meets investment, offering a diverse range of pieces that captivate collectors and enthusiasts alike. With an ever-evolving landscape driven by cultural trends and individual expression, this market continues to inspire and intrigue audiences worldwide.

The art and sculpture market is expected to grow from US$ 43 billion in 2024 to US$ 115.64 billion by 2034, with a compound annual growth rate (CAGR) of 10.4%.

Creative expressions are in high demand as social appreciation of art and culture grows. Sales of paintings, sculptures, and antiquities are surging as a result of people’s growing attraction to art galleries, museums, and cultural events. This growing interest is a reflection of a broader understanding of the inherent worth that artistic pursuits have in enhancing our lives.

Read more: https://www.whatech.com/og/markets-research/consumer/835494-art-and-sculpture-market-expected-to-surpass-us-115-64-billion-by-2034-at-10-4-cagr

Continue Reading

Global Art Market

A touch of red helps global art market boom

Published

on

Source: Yahoo Sport

Want to sell that masterpiece for a fortune? It might help if it’s red.

That’s just one trend from an art market that has come roaring back from the global financial crisis, with buyers from emerging markets such as China molding tastes and driving top-end prices ever higher.

Sales next week at London’s Sotheby’s and Christie’s auction houses are expected to generate at least 400 million pounds ($658 million) amid an insatiable global appetite for works by Picasso, Matisse and other modern masters.

Read more: https://www.yahoo.com/news/touch-red-helps-global-art-174137470.html

Continue Reading

Global Art Market

Eight Trends In The 2024 Global Art Market

Published

on

Source: Forbes

The changing tides of the global art market have been laid bare in the UBS Art Market Report 2024 by Arts Economics. According to the report, globally, art sales have slowed, save for China where they have increased by 9% to a staggering $12.2 billion. Online sales increased worldwide too, but the highest-priced art deals still tend to happen offline

Here are some of the most interesting trends identified in the report that I believe can help provide an outlook on the current global art market:

Read more: https://www.forbes.com/sites/forbesbusinesscouncil/2024/05/16/eight-trends-in-the-2024-global-art-market/

Continue Reading

Trending