✉news CultureArt first seen 1 d ago, last 17 h ago, peak #6
Art Basel Parent Company Reports Sharp Rise in Profits
Original: Art Basel’s Parent Company Records A Significant Rise In Profits Since Last Year
MCH Group, the parent company of Art Basel, has recorded a significant increase in profits compared to the previous year, according to an Artforum report. The result points to renewed strength in the art fair business, though no further financial details or commentary are available.
Why now: A major profit jump at the owner of the world's leading art fair signals recovery in the art market.
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