Gerhard Richter Wand

World art sales hit new record in 2014

Global art sales set a fresh record in 2014 driven by acquisitions from new museums, while China maintained its place at the top of the market

Paul Cezanne painting

Cezanne masterpiece sold for $20.5 million in London

A Paul Cezanne painting of a southern French town sold for $20.5 million (18 million euros) in a London auction on Wednesday.

Rome from Mount Aventine

Turner masterpiece sells for record $47 Million

A major oil painting by J.M.W. Turner sold Wednesday for $47 million at Sotheby’s in London, breaking a previous record for the artist.

Tibetan tapestry

Tibetan tapestry fetches record $45 million in Hong Kong

A 600-year-old Tibetan silk tapestry has set a world record for Chinese art after it was sold for $45 million at a Christie’s auction in Hong Kong.

Paper sculptures

Paper sculptures come to Sofitel hotels for the holidays

Sofitel will decorate its hotels with paper sculptures of woodland creatures for the holidays.

Fondation Louis Vuitton

Fondation Louis Vuitton almost ready for grand opening

The Fondation Louis Vuitton takes its name from the biggest and most visible brand within Mr Arnault’s LVMH luxury-goods group, the world’s largest by revenue.

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