LONDON DAILY ARCHIVE

Hauser & Wirth Reports Profit Decline Amid Market Slowdown

Renowned art gallery Hauser & Wirth has reported a decline in its UK profits as the global art market experiences a period of economic slowdown. The drop reflects lower transaction volumes and shifts in collector behavior amid global uncertainty. Analysts note that while demand for high-value art remains steady, mid-market sales have seen notable contraction across Europe and the United States.

08 October 2025 · 00:39 UTC