Trends

Art Market Trends 2007 (From Artprice)
Artprice publishes its exclusive art market report that more than 6,300 international media and institutions rely on each year. Based on the 5,4 million auction recorded by 2,900 auction houses, "Art Market Trends 2007" is a 44-pages report of macroeconomics and microeconomics analyses updated to match the auction events and the artworks prices evolutions.
This report published by ArtMarketInsight, Artprice's press agency, in collaboration with Artprice's econometrics department also includes genuine rankings such as the TOP 500 artists by turnover, the 100 highest auctions of the year.
Contents
  * Edito
  * The speculative bubble on the art market reached its peak in 2007
  * Suicidal competition
  * The United States consolidates it market leader position
  * London, an ideal terrain for speculation
  * China moves up to the number 3 position in the global art market
  * Drouot: last bastion of the French art market?
  * Is the worst yet to come? The Art Market Confidence Index - a useful tool
  * The TOP 10 artists
Download pdf in French and English

Fashion shopping on the web comes of age
The clothes-conscious have abandoned catalogue-flicking for surfing the net
Alice Fisher, style correspondent - Sunday March 9, 2008 - The Observer
Snooty assistants and changing-room angst will soon enter fashion history as more and more shoppers go online. Fashion 'etail' is one of the big growth areas, according to a survey which found that 97 per cent of British web users shop online, 36 per cent buying clothes - an increase of 40 per cent in the past two years.
This enthusiasm for internet fashion is partly cultural. The UK has one of the highest take-up figures for broadband - access rose to 57 per cent in 2007 - making the internet quick and easy to use. Britons also have a strong tradition of mail-order shopping and have simply swapped flicking through a catalogue for browsing online. 'The largest clothing retail online market share in the UK is Next,' says Lorna Hall, executive editor of retail industry magazine Drapers. 'That's directory business which has migrated to the internet.

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Six in 10 Wealthy Consumers Online Use Social Networks
The participation of wealthy online consumers in social networks dramatically increased to 60% in 2008, from 27% in 2007, according to The Luxury Institute’s latest WealthSurvey, “The Wealthy and Web 2.0.”
According to the report:
  * Participation levels of online wealthy consumers in leading social networks are 16% for MySpace, 13% for LinkedIn, and 11% for Facebook.
  * The wealthy average membership in 2.8 social networks, with an average of 110 connections.
  * They are intolerant of opt-out techniques: 65% say having their personal data given out without permission would cause them to disconnect; 63% have an interest in “do not track” lists.
“Being connected is second nature to these overachievers,” said Milton Pedraza, CEO of the Luxury Institute. “We are pleasantly surprised at the rapid acceleration in the over 55-year-old wealthy consumers, whose participation increased fivefold, to 49%.”
“The implications for luxury goods and services firms are profound. While some in the luxury industry are still debating e-commerce, search and banner ads, the majority of their customers have leaped into the online dialogue. Luxury needs to catch up quickly,” Pedraza said.