"Deepening relationships with private collectors and cultural institutions, shaping the conditions for galleries to grow, and cultivating the audiences of tomorrow are all critical to our role and to the wider ecosystem we support."
"The creation of this newly-titled role reflects the broad spectrum of connections our galleries count on us to help foster-from private collectors to museums and cultural institutions. The market is evolving, and we want to make sure those relationships are actively supported, not only during the fairs but throughout the year."
"The most recent Art Market Report published by Art Basel and UBS, released in April, found global sales of art and antiques dropped for the second consecutive year in 2024, falling by 12% to an estimated $57.5bn. The report also found that while sales at fairs and other live events rose slightly, those transactions still have not returned to pre-Covid-19 pandemic levels."
Carly Murphy will depart Christie's to join Art Basel in a newly-created role as global head of collector and institutional relations, based in Switzerland and reporting to Vincenzo de Bellis. The role aims to strengthen engagement with core collectors, museums and cultural institutions and to support galleries throughout the year, not only during fairs. Murphy previously worked in client relations at Sotheby's and Phillips and will start later this month. Market context shows global art and antiques sales fell 12% to an estimated $57.5bn in 2024, with fair sales not yet back to pre-pandemic levels and top collectors attending fewer fairs.
Read at The Art Newspaper - International art news and events
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