Art Basel
19 Sep 2025
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From slump to surge: 7 trends reshaping the art market
19 Sep 2025

Collaboration is gaining traction across the commercial art world as stakeholders navigate a less siloed, digitally attuned market. At the top end, a ‘super group’ of four people behind some of the biggest deals over the past 30 years have launched New Perspectives Art Partners.

Former auction house executives Ed Dolman, Brett Gorvy, and Patti Wong have joined Phillip Hoffman of The Fine Art Group to advise wealthy clients through major market shifts – notably on new buying habits among a younger collectors. Another cross-industry collaboration comes from Sotheby’s and Independent, whose 20th-century art fair moves to the auction house’s Breuer building in New York next year. Dealers are also forging new partnerships. Following Hauser & Wirth’s lead, galleries including Pilar Corrias and Goodman Gallery have begun working with artists outside their rosters in a bid to support new talent while diversifying their programs without long-term commitment. As more artists opt to work independently, expect to see more one-off or short-term collaborations with galleries, luxury brands, and other platforms.

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