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Commerce

Art is a supreme luxury object: Tom Sachs

December 8, 2014

Tom Sachs' Tom Sachs' Hermès value meal

 

By Sarah Jones

MIAMI – Compared to luxury, which typically serves some utilitarian function, art is the highest form of luxury, according to artist Tom Sachs last week at The New York Times International Luxury Conference.

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  1. Ferrari teams with Paramount Pictures ahead of ‘Gladiator II’ premiere
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  4. In Geneva, Christie’s records new high with Aga Khan emerald
  5. Art to comprise 11pc of UHNWI portfolios by 2026: Bank of America
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