Daily Management Review
Art & Art Market

In partnership with La Gazette Drouot International

Morgan Stanley expects AI sector to equal Spain's power consumption by 2027

Morgan Stanley analysts expect that by 2027, the generative artificial intelligence sector of the economy will require as much electricity as all of Spain did in 2022. Over the following four years, the sector's electricity demand is expected to increase at an average annual rate of 70%, from 15...

A Rolex Pussy Galore at Auction

The starting line included 130 collector's watches. The race was comfortably won by several Rolexes, synonymous with reliability and elegance. At the finish, the top bid, €112,500, went to this "Pussy Galore" Rolex Master dating to approximately 1958. This watch model combines functionality...

Report on Paris+: Art Basel's Explosive Debut in the Capital

In January 2022, the Paris art market landscape was suddenly upended, when the FIAC was replaced by Art Basel, under the aegis of the MCH group. An initial assessment of the eagerly awaited first edition of Paris+ in late October. With Paris+, will the City of Light manage to dethrone New York and...

Design and Symbolism: The Iconic Potential of the Banknote

Today, banknotes are objects inextricably linked to national or supranational identity. Emblazoned with landmarks, historical figures, mottos, emblems, or iconic monuments, banknotes tend to reflect a sense of communal pride, are symbolic in nature, and reflective of the evolution of identity. The...

Exploring the New National Museum in Oslo

A little over two months after opening, the National Museum of Norway, designed by German architect Klaus Schuwerk, is a hit. A million visitors to this magnetic, diverse and ambitious place are expected by the end of the year. It’s phenomenal. Oslo is in the middle of continuous change. In less...

Abstract Art at the Maeght Foundation in Saint-Paul-de-Vence

The Maeght Foundation is hosting about a hundred abstract artworks from the Fondation Gandur pour l’Art collection, from Martin Barré to Claude Viallat and many rediscoveries. What could be more fitting than one foundation inviting another? Until November, the one created by Marguerite and...

Magritte: Number One Among the Moderns

He now ranks alongside Picasso, Monet, Vinci, Giacometti, Matisse and Van Gogh in the select circle of 24 artists whose works have sold for over $79 M at auction. According to Artprice, René Magritte has become the most successful or "high-performing" modern artist in the market, even rising to...

The Château in Coigny: From the Franquetots to the Talleyrands

Illustrious families have succeeded each other at the Franquenot Chateau, an imposing yet understated residence in the département of La Manche. A new chapter begins with the sale of its contents. At the end of a 12-hectare (29.6 acre) estate stands a building consisting of a central...

District 13 at Drouot, Two Fairs for the Price of One!

Deprived of the fair in 2020 and 2021, art lovers can look forward to the second edition of District 13 this year, which is refocusing on French galleries and is once again being held at the Hôtel Drouot. A fair twice a year? And why not! This is District 13 's schedule for 2022. After having...

An Upswing for the First Half of 2022 at Drouot

With total sales revenue of €295.7M, the Drouot Group recorded a 7% increase in the first six months of 2022 compared with the same period in 2021, confirming its central position in the art market. The 442 sales organized by the group generated a total of €189.5M, including some notable records,...
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