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Anxious collectors are increasingly turning to freeport havens, experts say

The Art Newspaper

A lot of them are choosing to store items they have bought in Europe, until the tariff situation is resolved—they’ve bought a piece from a Paris dealer or auction house, for instance, they ask them to store it until the tariffs have lifted, they hope,” Petit says. They’re trying to hedge the situation by buying time.

Furniture 167
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Comment | Artnet sale underscores its impact on the industry—and its limitations in today's landscape

The Art Newspaper

Auction houses and dealers lost a chunk of the asymmetry of information that had served them well, hence their initial objections (and threatened lawsuits). Yet Artnet’s transparency was also welcome. Monetising art now needs more imagination.

Sale 167
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‘Momentous’: Italy to slash art VAT to 5%, the lowest rate in the EU

The Art Newspaper

Mollicone cited a recent study by Nomnisma and the Intesa Sanpaolo bank, which estimated that a 5% VAT rate would boost the annual turnover of Italian galleries, antique dealers and auction houses to €1.5bn within three years, which would then generate an extra €4.2bn for Italy.

Analysis 273
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A quartet of key art market players join forces to form ‘super group’ consultancy

The Art Newspaper

The pandemic also significantly altered the way auction houses sell art. Unlike auction houses, which often operate large teams, Gorvy points out the new consortium can keep operations streamlined and private. Profitability is a problem for auction houses. It’s certainly not going to go away.”

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Sotheby’s offers peek at Breuer building’s makeover

The Art Newspaper

Georgia O’Keeffe: © 2025 Georgia O'Keeffe Museum / Artists Rights Society (ARS), New York Images released by the auction house on Friday (13 June) show an exterior and lobby in line with how the spaces appeared during the building’s turns as a museum. Ruth Asawa: Artwork © 2025 Ruth Asawa Lanier, Inc., Courtesy David Zwirner.

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Remembering Sebastião Salgado, world builder, photographer of collective humanity and prophet of possibility

The Art Newspaper

Art on Location 2025 Obituary Art on Location Sebastião Salgado Photography Brazil Climate change Amazon Share Subscribe to The Art Newspaper’s digital newsletter for your daily digest of essential news, views and analysis from the international art world delivered directly to your inbox.

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Crowning AI-chievement: robot artist creates portrait of King Charles

The Art Newspaper

King Charles III by Ai-Da courtesy: Ai-Da Robot Studios Diary Ai-Da Artificial intelligence Share Subscribe to The Art Newspaper’s digital newsletter for your daily digest of essential news, views and analysis from the international art world delivered directly to your inbox.