The creative industries in the UK are undergoing a revival – government figures show the country’s creative industries are now worth £84.1bn per year to the UK economy. At the heart of that is a piqued interest in art.
Prestige Pawnbrokers, catapulted into fame by the Channel 4 documentary Posh Pawn, was founded by James Constantinou back in 2009 during the recession.
Multi-millionaire Rob Moore is able to live the high life now as a property entrepreneur, but he had a humble beginning to business as a struggling artist.
The international art market has experienced an astounding degree of growth over the last few years. With auction records seemingly broken as soon they are made and works by Picasso and Paul Gaugin fetching over $100m apiece, it is no surprise that art is becoming an increasingly popular form of alternative investment.
With venues in Mayfair and Soho, London art gallery Sadie Coles specialises in presentation of art from emerging international artists.
Founded back in 1895, Angus Montgomery is the home to 15 event companies spanning art, food and more, serving EMEA and Asia with family at the core of the operation.
2014's number one, Hamiltons Galleries has fallen into third position. However, the London art destination has still achieved healthy growth and posts latest turnover figures of £38.2m.
Fred Weijgertse, managing director of the world’s first integrated international fine art logistics company, Crown Fine Art, talks to Real Business about the state of the art market for investors and the global trends that are shaping and transforming it.