Observer’s 2025 Art Power Index: The Art Market’s Most Influential People Their acquisitions, affinities and approbations move the needle on valuation and redefine how art is made, shown and sold. By The Editors, Christa Terry, Dan Duray, Elisa Carollo, Farah Abdessamad, and Merin Curotto
When Smooth Stops Selling: The Decline of ‘Non-Frictional Art’ What once appeared to be the perfect alignment of aesthetics and market logic—smooth, neutral, digestible, collector-friendly—is now struggling to move. By Elisa Carollo
Philipp Plein’s Runway Spectacle Starred Robots and Rappers The stage was set with six inches of faux snow and a UFO looming over the room, which ultimately lowered to release a catsuit-clad Irina Shayk. By Zachary Weiss
Antonello da Messina’s Rare Double-Sided Masterpiece Will Lead Sotheby’s Old Masters Sales By Elisa Carollo