Bettina Bush Mignanego

As Elon Musk transforms the social network X (formerly Twitter) into a deregulated entity, quantum culture and technologies emerge as an alternative solution. The United Nations has even declared 2025 the International Year of Quantum Science and Technology. An exclusive interview with Luxury Tribune, Derrick de Kerckhove, the intellectual successor to communication theorist Marshall McLuhan.

At the start of 2024, the art market finds itself under pressure. International auctions and fairs are seeing declines following two years of exuberance. Each purchase is now carefully assessed by collectors.

Affluence records have been set for the world’s leading museum institutions in 2023. For Maurizio Luvizone, director of cultural foundations, the current renewal of institutions owes much to the contribution of women in their roles as managers and directors of major museums.

The success of Antony Gromley’s current exhibition “Living Time” at the TAG Art Museum in China reflects the country’s ambition to see contemporary art emerge as a new cultural vector, with avenues of expression emancipated from official lines.

Saudi Arabia has been experiencing a breath of fresh air in recent years, driven by a clear and well-defined objective: to achieve the Vision 2030 project. This deadline aims to mark the country’s departure from its economic dependence on fossil fuels and symbolize its opening to the world. Culture and contemporary art serve as key mediums for exerting impactful soft power.

The 23rd Altagamma 2024 Observatory has just been completed in Milan, and for the first time in years, it has revealed a slight slowdown in the global luxury market. There are almost 50 million fewer luxury consumers in the sector.

As the 2024 edition of Art Basel in Basel approaches, set to take place from June 13 to 16 with 285 of the world’s leading galleries, Vincenzo De Bellis, the global director of fairs and exhibition platforms at Art Basel, shares his vision for the future of the institution.

For the McArthurGlen and The Bicester Collection groups, the financial windfall is considerable. In constant growth for decades, luxury outlet villages have colonized the shopping world.

The 63rd Genoa Boat Show has ended. The Italian yacht show aims to become the world’s leading boat show, in an industry that is experiencing steady growth.

TEFAF New York ended with great success and significant attendance. The general manager of TEFAF fairs, Will Korner, confirms that the biggest art and antiquity fair worldwide, famous for spanning 9000 years of history, has become influential in modern art.

September remains the busiest month for the international yachting sector, with three major boat shows taking place in Cannes, Genoa, and Monte Carlo. This growing segment sees Italy playing a central role, with one out of every two yachts produced on the peninsula. Here’s a closer look.

Is the world of influence at a turning point? According to the annual report by Business of Fashion and McKinsey, the engagement rate has dropped by 30% since 2022. Writer, journalist, and media specialist Paolo Landi analyzes the phenomenon.

Chiara Ferragni’s empire appears to be crumbling as new legal issues arise. The potential crime related to the ‘Pink Christmas’ Pandoro case produced by the Piedmontese company Balocco could shift from commercial fraud to swindling.

According to the 9th edition of Altagamma Consumer and Retail Insight, the wealthiest customers in the luxury market will increase their spending by 2024. Out of 370 million high-end consumers, 20 million will be very active. China will lead this trend with strong local demand, followed by the United States, while Europe will be notably more cautious.

In 2022, the art market and collectible sales have increased by 12% within leading international auction houses. Yet, over the past months, results have decreased.