Art World News

Harmony in hues

Harmony in hues
Anja Bamberg works primarily with recycled material as a matter of principle and her favourite material is paper bags

The UAE has long been known for its rapid economic growth and impressive infrastructures. In recent years, the nation has set its sights on fostering sustainability across various sectors, including the art industry. The intersection of art and sustainability is a burgeoning concept gaining traction within the UAE’s vibrant cultural landscape. The local art sector is striving to embrace sustainability and is set firmly on its journey towards a more environmentally conscious and socially responsible future.

Embracing sustainable practices

The art sector in the UAE has historically been synonymous with opulence and grandeur, showcasing larger-than-life shows and architectural marvels. However, the paradigm is shifting as stakeholders recognise the need to integrate sustainable practices into the art ecosystem. Institutions, galleries, and artists are increasingly embracing eco-friendly approaches to their operations and creations.

Art Jameel, a major art institution in Dubai that partners with international players such as the Metropolitan Museum of Art and the Victoria and Albert Museum, is at the forefront of the movement.

image

Antonia Carver

“Culture plays a key role in communicating the complexities of the climate crisis to a broad audience and drawing them in as active participants that can then engage in sustainable practices. At Art Jameel, we’re engaged in new research, looking at how the arts can resist and adapt to climate change from the perspective of the Global South and harnessing the power of the arts to address the climate crisis,” says Antonia Carver, Director, Art Jameel.

“We’ve also been doing carbon footprint studies for a few years now and adapting our own practices and buildings, including Jameel Arts Centre, Dubai’s contemporary hub for arts and ideas, in Jaddaf Waterfront,” she says, adding, “I don’t believe the art market is so involved in environmental awareness, but the not-for-profit and museum sectors are becoming ever more invested and involved.”

image

Celine Azam

Dubai-based Firetti Contemporary is one of the art galleries that has embraced eco-friendly practices as part of its ethos. “Sustainability in the art world transcends canvas and sculptures; it’s a commitment to reflecting and addressing the crucial issues of our time,” says Celine Azam, Gallery Director.

“Contemporary art, as the purest expression of our contemporary world’s feelings and situations, becomes a powerful vehicle for raising awareness on urgent matters like climate change. Artists, as societal mirrors, play a vital role in sensitising the public. The art market becomes a catalyst, amplifying their voices and fostering a collective responsibility towards a sustainable future. At Firetti Contemporary, we believe in the transformative power of art to inspire change and contribute to a more environmentally conscious society.”

Artists’ perspective

Apart from institutions and galleries, there are artists like Anja Bamberg who work mainly with recycled material as a matter of principle.

image

Anja Bamberg

“Creativity and sustainability are closely linked in my art,” says Bamberg. “As an artist, I have the unique opportunity to use my creative skills to convey messages of sustainability and raise awareness of environmental and social issues. Furthermore, my art is sustainable in that I use eco-friendly materials and techniques. I do this by working mainly with recycled paper.”

She adds: “My favourite material is paper bags. Since there are restrictions on using plastic bags, they are now often replaced by paper bags. In my opinion, this doesn’t make much sense in principle because they are usually only used once before they end up in the trash. Many people are not even aware that a tree had to be felled for this. For more than a year, I have been using almost exclusively recycled paper for my art, mostly in the form of paper bags.

“I asked friends, neighbours, and artist friends to keep them for me, and I gathered a good pool of different colours and shapes of paper bags. My intention was, is and will be to explore the beauty of the water through the use of waste paper, expressing the spirit of sustainability while counteracting the throwaway culture entrenched in today’s society.”

Azam sees the art world channelling its energies towards creating awareness of the situation. “The relationship between creativity and sustainability is deeply intertwined in most of our art. Artists, as societal mirrors, possess a profound ability to articulate the concerns and pain of the society they inhabit. In the face of the significant impact of climate change, many artists within our gallery community are channelling their creativity to express profound concerns about the beauty of nature that we are unfortunately losing. It’s a powerful intersection where art becomes a poignant medium to raise awareness and evoke a sense of responsibility towards the environment.”

Challenges and solutions

Short-term events such as art fairs produce thousands of tonnes of carbon emissions and generate waste in the form of plastic wrapping, discarded crates, and temporary building materials, all for a few days of art marketing and sales. In light of these issues, how can the art market’s responsibility towards sustainability be fulfilled?

“Traditionally, the art market has faced ecological challenges, notably in shipping and packaging. The carbon footprint associated with transporting artworks globally and the waste generated from traditional packaging have been significant issues. The industry must actively adopt sustainable practices. Many in our community are increasingly embracing virtual experiences, reducing the need for physical transportation. We prioritise sustainable packaging approaches and promote recycling initiatives. To ensure a better future for our planet, the art market must continue to shift towards virtual engagement, invest in sustainable packaging alternatives, and advocate for responsible shipping practices,” Azam says.

Carver highlights an important initiative Art Jameel is helming. “We have teamed up with the British Council to launch a grants programme for artists and institutions in the Arab world, inviting artists to create projects that raise awareness and institutions to apply to purchase hardware to reduce their waste and carbon footprints. Grants worth a total of GBP 250,000 are available and the deadline for submission is January 15,” she says.

“Art Jameel has also teamed up with Dubai Culture on a scheme, Research and Practice Platform 2023-24, specifically to encourage UAE-based artists and creatives to address climate change in their work. This also includes grants and additional programmes, in association with Al Quoz Creative Zone. From a museum perspective, there is an increasing awareness of the environment and a sharing of ways that we can collectively address this, for example, through shipping by sea rather than air; through recreating works onsite rather than shipping; through reducing use of water and power,” Carver adds.

Art to the rescue?

It is said that it’s through art that we can envision potential alternatives for sustainability. But does the art world have the power to tackle climate change, and does it have the potential to take a leadership role in building a sustainable future?

Carver believes it can. She says: “At Art Jameel, we’ve staged several exhibitions over the years looking at ideas around the future of food and on water as a precious resource. These exhibitions included original research by artists, writers, and others on how we can address the climate crisis from the perspective of the Global South. Most often, the debate and standards around, for instance, temperature and humidity control in museums and art collections are set by the Global North – by powerful museums in Europe and America.

However, the vast majority of the world lives in different climates and circumstances; we’re discussing with colleagues across Asia how we can build realistic new ways of working that relate to our own environmental conditions and experiences and that help combat climate change. We’ve also recently launched a special fellowship, the first such in the world, inviting researchers to come work with us and our art collection to develop original thinking out of the Gulf on how caring for and displaying art could and should adapt for the age of climate crisis.”

Azam is on the same page. she says the art world possesses immense power to envision and inspire potential alternatives for sustainability.

“Artists, with their unique perspectives, can effectively communicate the urgency of addressing climate change. We firmly believe that the art world should play a leadership role in building a sustainable future. Through thought-provoking exhibitions and advocacy for sustainable practices, the art community can contribute to shaping a collective consciousness that fosters positive environmental action. Art has the potential to ignite change, and it is our responsibility to harness this power for the betterment of our planet.”

Institutional effort

Several initiatives and organisations are leading the way in steering the art and cultural sectors towards a sustainable future, says Azam.

“Some notable examples include Julie’s Bicycle, based in the UK, which works with the creative community to integrate sustainability into their work. They provide resources, tools, and certification programmes to help cultural organisations reduce their environmental impact. Likewise, the Green Art Lab Alliance brings together artists, curators, and institutions to explore and promote environmentally sustainable practices in the arts. So also Art to Acres, an initiative by artists and galleries that contribute a percentage of their sales to land conservation projects, linking art sales directly to environmental protection.”

Azam adds, “Locally, I can mention the National Bank of Fujairah’s support for artists focusing on sustainable art is commendable. Initiatives like these play a crucial role in fostering creativity while promoting environmental consciousness. It’s inspiring to see local organisations taking an active part in the intersection of art and sustainability, contributing to a more vibrant and responsible cultural landscape.

“These organisations are fostering sustainability in the art world through various means, such as promoting eco-friendly practices, raising awareness, supporting environmentally focused art projects, and encouraging responsible consumption within the cultural sector. Their efforts contribute to a more sustainable future for the arts and culture.”

Bamberg sounds a note of caution. ”I think the art world can undoubtedly have a significant impact on society, including the way we approach climate change. Art can help us make emotional connections and present complex issues such as sustainability and environmental awareness in a creative way. But, it is important to recognise that art alone cannot solve climate change. Tackling climate change requires a comprehensive commitment from governments, businesses, civil society, and individuals. However, the art world can certainly make a valuable contribution to raising awareness, promoting dialogue, and highlighting alternative paths to sustainability,” she says.

Luxuries should be more about the pleasure than the value

Unlock the Editor’s Digest for free

If you have given yourself the pleasure of acquiring a few luxuries in recent years, then you will have done very well.

Not only will your gifts to yourself have presumably made you happy, you will probably be sitting on a nice profit. A basket of luxuries, compiled by property agent Knight Frank, rose by 116 per cent over the 10 years to mid-2023.

Admittedly, you would have done even better in US stocks, given the 170 per cent rise in the S&P 500 over the decade. But you would have easily beaten the FTSE 100, the gold price and prime central London property. 

Indeed, if you had picked the best performing asset in Knight Frank’s KFLI index — top-class whisky — you would have recorded a spectacular 322 per cent gain. But that’s cherry-picking — you could have made 1,200 per cent on Apple stock.

But the good times may be ending for luxury investor-buyers. The index is up just 7 per cent in the 12 months to June; that’s ahead of the annual US inflation rate for the same month (3 per cent) but behind the UK’s 7.9 per cent. 

As the charts below show, without a 30 per cent gain in the art market, the luxury index would have been almost flat for the year. Those mature whiskies actually fell in value, by 4 per cent. As Knight Frank says in its annual luxury report, “growth is starting to slow or even reverse” for some luxury asset classes, excluding art.

And even in art there is a note of caution. It is a market in “the post-pandemic recovery period” rather than “in robust health”, says the report, citing Sebastian Duthy, of the art research company. “ Recent [auction] results suggest growth is already starting to slow.”

All this echoes the slowdown in the luxury fashion and goods industry with leader LVMH, controlled by French billionaire Bernard Arnault, reporting a drop in sales growth in the three months to September to 9 per cent, well down from the 17 per cent increase recorded the previous quarter. 

Clearly, concerns about economic slowdown are weighing more heavily on wealthy luxury buyers than a year ago. While many rich families can manage rising consumer prices without much of a break in spending patterns, few can ignore the impact of higher interest rates on the financial outlook. Even if it doesn’t hit them in the wallet, it gives many wealthy people cause for concern.

After all, last year was the first time since the 2008 global financial crisis in which the rich saw their asset portfolios decline, at least in real terms. As the annual Global Wealth Report from Credit Suisse/UBS recently calculated, inflation reduced wealth growth in US dollar terms by 6 percentage points last year — turning a nominal wealth gain of 3.4 per cent into a real wealth loss of 2.6 per cent.

Inflation is now falling, but it is taking its time in the face of geopolitical turmoil that tends to push up energy prices and various supply bottlenecks, not least in labour including in the US, the UK and Japan. Also, many financial experts remain concerned about the huge levels of liquidity pumped into markets in the past 10 years. 

All good reasons perhaps to hold back from buying another Birkin handbag, a case of Romanée-Conti wine or perhaps a reassuringly expensive print from Damien Hirst’s recent Cherry Blossoms series.

The wealthy have long been buyers of the rare and the beautiful. They desire what economists call positional goods — stuff that cannot be easily replicated, if at all. Picasso clearly can’t produce another painting. With living artists, supply can be a bit more flexible. But demand for such luxuries has gone global. Never before have there been so many rich collectors in so many countries. They may hold on to their money for a while, but they will be back. 

Stefan Wagstyl is editor of FT Wealth and FT Money. Follow Stefan on X @stefanwagstyl

This article is part of FT Wealth, a section providing in-depth coverage of philanthropy, entrepreneurs, family offices, as well as alternative and impact investment

Kendall College of Arts and Design students hold Student Art Market

Kendall College of Arts and Design students hold Student Art Market

GRAND RAPIDS, Mich. — Students from Kendall College of Arts and Design created a unique shopping experience with the Student Art Market in Grand Rapids on Thursday.

Kendall College of Arts and Design students hold Student Art Market

More than 20 students, vendors, and registered organizations worked to bring the market to life.

The Student Art Market had one-of-a-kind gifts for shoppers to purchase and put under the Christmas tree.

“We have students from a variety of programs selling handmade items,” said Nicole Dekraker, director of student engagement at Kendall. “Everything from small stickers and prints to holiday greeting cards, paintings, knitted ware, crocheted items, you name it. A lot of beautiful works that are displayed at a variety of price points here for our guests.”

The funds raised from the Student Art Market will go to help support student travel, as well as networking opportunities for professional development.

Although the Student Art Market has wrapped up, anyone interested can still purchase the items created by students at Kendall’s campus gift shop.

Follow FOX 17: FacebookTwitterInstagramYouTube

Performing arts market sales up more than 97% on-year in 2022: data

Performing arts market sales up more than 97% on-year in 2022: data

Actors perform during a press call for the popular musical “Sister Act” at the D-Cube Link Arts Center in Seoul, Nov. 22. Yonhap

Annual sales of the country’s performing arts market shot up more than 97 percent last year, a survey showed Friday.

The sales amounted to 972.5 billion won ($747 million), up 97.2 percent from the previous year, and up 14 percent from 2019 before the global breakout of the coronavirus pandemic, according to the Survey on the Performing Art, published by the Ministry of Culture, Sports and Tourism and the Korea Arts Management Service.

The amount included the revenue from selling tickets to the performing arts and artwork sales, as well as rental fees for performing art halls.

Of the total, ticket sales took up the largest portion at 57.8 percent, up 155.7 percent from the previous year.

The operation rate of performing art halls came to 50.2 percent, up from the 37.2 percent recorded in 2021. But the figure was lower than the 59.6 percent seen in 2019 as the nationwide social distancing rules to control the spread of the coronavirus were lifted only in April 2022.

The online survey was conducted from June 9 to Oct. 24 last year on 5,286 performing arts centers around the country. (Yonhap)

Art, crafts and other goodies at St. George’s annual Christmas market

Art, crafts and other goodies at St. George’s annual Christmas market
image

NEWS RELEASE
ST. GEORGE’S ANGLICAN CHURCH
************************
St. George’s Anglican Church will present its annual Christmas market on Sunday, Dec. 3 from 11:00 to 2:00. The one-day event will offer a vibrant selection of items perfect for everyone’s Christmas shopping list. 

Christmas baking, handmade crafts, gift baskets, unique gifts for children up to 99 years, and St. George’s famous mincemeat will be among the hundreds of items for sale. Over 20 vendors from St. George’s and the community will join forces to showcase their art, crafts, new and used finds, children’s gifts and much more. Proceeds from the market will go to support the ministries at St. George’s church.

A distinctly unique feature of this market will be sound of Christmas music played live on St. George’s carillon by professional carillonneur Deborah Hennig. The carillon’s beautiful and evocative bells will ring out with a mix of Christmas songs, hymns and popular tunes played while visitors go in and out of the church. 

Visitors to St. George’s Christmas Market are sure to find unique treasures that will brighten the season for themselves and loved ones. The market will be set up in the Mitchell Hall and visitors should use the parking lot entrance. Admission is free.

Event: St. George’s Christmas Market
Location: St. George’s Anglican Church
99 Woolwich Street
Guelph, Ontario
Date: Sunday, December 3, 2023 from 11:00 to 2:00
Admission: Free

For more information: Bruce Mackenzie, 519-822-1366, [email protected].

************************

Art Basel Miami Beach 2023 Preview: An Unprecedented Spree of Brand Activations and Picture Buying…Just Like Every Year.

Art Basel Miami Beach 2023 Preview: An Unprecedented Spree of Brand Activations and Picture Buying…Just Like Every Year.
Your guide to achieving synergistic nirvana when the annual art fair and marketing bonanza kicks off in South Florida next week.

Art Basel Miami Beach 2023 Preview An Unprecedented Spree of Brand Activations and Picture Buying…Just Like Every Year.

Oehlen: Photo by Stefan Rohner/Courtesy Gagosian; Dumas: Courtesy Christie’s; Warhol: Courtesy Van de Weghe; All Others: Getty Images.

Close your eyes and imagine Art Basel Miami Beach. Do you see palm trees undulating in front of Ugo Rondinone’s Miami Mountain, which towers over the Bass Museum? Do you see the unending aisles of booths in the convention center? Diplo walking on the wet sand as a gallery dinner spills out of the Soho Beach House tent? Masterpieces by Anselm Kiefer and Cady Noland and Christopher Wool in the private museums in Key Biscayne and Wynwood and Allapattah? Lavish parties at Star Island mansions? What about a bank paying for Drake to play the hits for its top spenders as Drake says extremely Drake-ish things like, “Thanks for coming to see me. I know y’all got sculptures and paintings and shit to look at.” Is that what you imagine when you close your eyes?

There’s no right answer here. It’s been more than 20 years since Art Basel first opened an outpost in Miami—two decades of hype but also backlash; of hand-to-God great art but also crass branding exercises; of glorious sun-dappled escapes from the cold but also unceasing rain that floods Collins Avenue and reminds one that the island is sinking pretty fast. This year’s edition will be no different—it’s a head-spinning collision of cultural manna and conspicuous consumption. When the once-modest Swiss fair launched the Miami edition in 2002, it was an immediate cultural phenomenon, becoming a pilgrimage event for entire cultural sectors in New York and Los Angeles (even if many attendees don’t know how to pronounce the Rhineland city that gives the fair its name). And while newer fairs in hipper cities have come to eclipse Miami in terms of pure cachet—namely Frieze LA, which launched in 2019, and Art Basel’s Paris fair, which launched last year—Miami is still an essential stop. That’s due largely to the sheer amount of big-pocketed pan-Americans who come down for the spectacle and end up walking through the fair willing to buy.

“Miami is the best city for an art fair. It’s got lots of hotels and bars and fun, and shopping is a priority,” said Adam Lindemann, the collector and dealer whose gallery, Venus Over Manhattan, has shown at the fair for years. This year, he’s bringing a serious assortment of heavy-duty work, including new paintings by Peter Saul and series examples of Raymond Pettibon.

“In my view, for most art, it’s the best venue,” Lindemann continued. “Hong Kong is a doorway to Asia, Paris is magic, so there’s lots of museums and a city to gawk at. But Miami lives for the fair. And it’s grown beyond anyone’s predictions, and should continue to do so.”

To say the fair has grown is an understatement. The sheer number of events is, in a word, insane. Twenty-five years ago, Sam Keller, who got his start as the publicist manager of the Swiss fair, dreamed up the idea that Basel could exist in a second place—a place not just beyond the Rhineland, but one that had just recently emerged from its Miami Vice reputation of being a sunny spot for shady people. A few years later, the once-sleepy week in South Beach between holidays became a global destination not just for art dealers, but seemingly anyone with something remotely trendy to sell or market.

Which brings us to all the, um, interesting stuff one will be able to experience in the 2023 edition, which will launch next week. Perhaps we can check out the Range Rover activation at the Chase Sapphire Lounge at the Loews Miami Beach Hotel? Or if Chase is not your preferred bank, you can always hang out at the UBS collectors lounge at the fair, or attend one of the dinners The Cultivist is hosting with Capital One. What’s in your wallet—is it a card that can get you into a dinner cooked by three-Michelin-starred chef Dominique Crenn and designed by the artist Alex Israel in homage to the fro-yo stand his family owned when he was a kid? More banks on the beach: American Express recruited Tatiana chef Kwame Onwuachi for a series of cardholder dinners at the W South Beach, and Citi is sponsoring the Gary Simmons survey at the Pérez Art Museum Miami.

It wouldn’t be Art Basel Miami Beach without the world’s fashion brands coming down to upstage the fairs with a series of activations—perhaps I can interest you in the LVMH Culture House at the Moore Building? Or the Cartier boutique in the Design District that promises an “immersive exhibition” into the history of the fancy watchmaker? Marni x Ssense at the Soho Beach House? Louis Vuitton x Frank Gehry capucine bags?

Or maybe the Cincoro x Hypebeast party is more your speed. Or the “VIP pre-opening of Ikea Open House Miami, the brand’s debut at Miami Design Week 2023.” Fingers crossed there’s Swedish meatballs. Or maybe it’s time for a leisurely evening at D’Ussé Cognac’s Art Basel Miami party featuring a performance by Offset.

What else? Art Basel x OnlyFans augmented reality activations. A Neude x The Webster x Steven Klein cocktail party. Barry’s Bootcamp x The Art of Wellness by NRVLD. Design Miami x Maestro Dobel Tequila Artpothecary—not a typo. Joe & the Juice x Miami Pickleball Club at SCOPE Art Show.

And so on, forever.

There is, of course, a lot of very good art on view in Miami next week. On Monday night the Bass Museum will open a sprawling survey of work by local hero Hernan Bas, followed by a fête for the artist by his gallery, Lehmann Maupin, at Casa Tua, the beloved Miami members club that’s set to open in New York in 2024. Nina Johnson, who’s held down a year-round gallery for over a decade, will open shows of work by Katie Stout and Yasue Maetake at her Little Haiti space, and then have friends over for barbecue at her Architectural Digest–approved, Charlap Hyman & Herrero–designed Craftsman in nearby Shorecrest.

Let’s take the start of the calendar a day at time.

Tuesday. A full day before the main fair opens and things are already hitting peak art insanity. Tuesday will see openings at the De la Cruz family’s home on Key Biscayne and the De la Cruz family’s private museum in the Design District. NADA, the longtime satellite expo for more emerging galleries, opens two days earlier than usual, leapfrogging the main fair. There’s all the museum openings at the ICA Miami, which still looks spiffy after launching its new building six years ago. And Larry Gagosian will team up with Jeffrey Deitch for another big-tent group show bound together by a big-picture theme—this year it’s “Forms,” as in artists who do cool stuff with shapes. Think Tauba Auerbach, Carol Bove, John Chamberlain, Albert Oehlen. Scoff all you want, but the Larry x Jeffrey shows always rule.

And then, a neighborhood over in Allapattah, the Rubell Museum opens the shows of its most recent artists in residence, Basil Kincaid and Alejandro Piñeiro Bello, plus a show of LA artists in the collection. And then, after that, there’s—checks calendar—approximately one thousand dinners to attend, many of them on the beach, most featuring stone crabs and/or a surprise performer, all somehow absolutely essential to attend.

Wednesday. The mob scene at the convention center. Billionaires in sunglasses waiting in line next to their frantic art advisers. Where to first? Perhaps to David Zwirner’s booth to see a pair of Robert Ryman works, as well as The Schoolboys, a canon-level painting by Marlene Dumas—it was in the collection of the Museum Gouda in the Netherlands until it sold at Christie’s for about $1.6 million in 2011. Or to Hauser & Wirth, which has on offer new paintings by Uman, which the mega-gallery now represents equally with Nicola Vassell, who started showing Uman in 2020. Van de Weghe will bring the expected mélange of 20th-century masters, including Andy Warhol’s Dollar Sign (1981), which last sold at Christie’s in 2017 for $7.2 million. It is “one of the best large-size dollar-sign paintings,” the gallery said. David Kordansky Gallery will inaugurate its representation of Sam McKinniss, a remarkable painter of modern life, with a few works at the booth ahead of a solo booth at Frieze LA in February 2024 and a solo show at the flagship gallery in 2025. I’m quite excited to see the presentation of work by Sedrick Chisom at Matthew Brown’s booth, ahead of his New York solo debut in May 2024 at Clearing.

But there are hundreds of booths across the various sectors of the fair, making it impossible to size up the entire fair in one go. And bear in mind, this is just the VIP opening—the fair doesn’t open to the public until Thursday. Which is why most of the hangers-on and brand activators show up not for the opening of the fair, but for the weekend, when most of the collectors are already back in Palm Beach or on Park Avenue. When one major airline announced it would be chartering its first-ever invite-only private flight, they set it to arrive not in time for the VIP opening, but for general admission on Thursday.

Spending millions on art and design can work up an appetite. Thankfully, Miami has a way of sustaining an ever-churning hype machine that makes its hot restaurants impenetrably packed. A few years back, the Major Food Group guys had the bright idea to do a pop-up version of their New York hit Carbone at the Edition Hotel…despite the fact that they already have a Carbone in Miami, on South Beach. Mario Carbone, Jeff Zalaznick, and Rich Torrisi’s next big Magic City move is their first foray into Mexican food with Chateau ZZ’s, which I’m told will open its Brickell doors soon. If you must eat at an enormous clubstaurant to really get the full Miami Basel experience, maybe go to David Grutman’s new coastal Italian emporium, Casadonna, where Drake had his birthday party earlier this year.

There’s a chance the art set sticks to what it knows—and what it knows is, quelle surprise, Estiatorio Milos, the seafood-heavy spot that flies in the fancy fish from exotic ports of call. Ordering from the cooler means we’re talking sea creatures that cost around $160 a pound—the stone crabs you ordered for the table could set you back two stacks, Chief. And it’s the same food, at the same prices, as the Milos in Dubai and the Milos in Hudson Yards and the Milos in London. Collectors spend all week asking for the Batphone to get a reservation like it’s the last place to break bread on earth.

But there’s a new arrival on the scene, conveniently located in the Loews, where nearly every art dealer with their name on the door of a gallery books a room each year. (As I said last year, the place is a reality show waiting to happen.) Owned and operated by collector and hotelier-about-town Alex Tisch, the posh Collins crash pad has a new in-house boîte: an edition of the hallowed Harlem red-sauce temple Rao’s, the place that has appealed to power brokers of all stripes with its extremely clubby policy of only seating those who “own” a table.

This Collins Avenue Rao’s facsimile—it’s referred to by regulars as “The Joint”— first seems like a relatively easy res to snag. For one, it’s way bigger. It’s got 160 seats, whereas the original has just four tables and six booths. And the “own a table” thing in Manhattan doesn’t apply here. The description on Resy notes that “the room is bigger than the Harlem original (and tables aren’t just for regulars and friends of the family).” So I plugged in my dates, desperate for anything, even just something at 10:30 p.m. in Siberia. But no tables appeared. I set a Notify.

And then I reached Frank Pellegrino Jr., co-owner of Rao’s, and he told me that it’s not just Basel week that The Joint is booked. The tables are spoken for until next summer.

“Presently, we are fully committed throughout Q1 and Q2, 2024,” he explained.

Might as well give Frank a call and book the table for next December.

Stagwell (STGW) to Present at J.P. Morgan, Seaport Investor Conferences in December 2023

Stagwell (STGW) to Present at J.P. Morgan, Seaport Investor Conferences in December 2023

NEW YORK, Nov. 30, 2023 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced management will present at two upcoming investor conferences in December 2023:

  • J.P. Morgan Advertising Holding Company Consecutive Executive Day: Stagwell Chairman and CEO Mark Penn will join a fireside chat on Dec. 11, 2023, at 10:00 AM ET in New York City.
  • Seaport Digital Media & Advertising Virtual Conference: Stagwell Chief Investment Officer Jason Reid will join a fireside chat on December 12 at 1:00 PM ET.

Visit this page to view upcoming investor events and programming from Stagwell. Reach out to [email protected] with questions.

About Stagwell

Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.

Contact

Ben Allanson
[email protected]

SOURCE Stagwell Inc.

The Art of Digital Marketing: Strategies and Trends for Success | OTS News

The Art of Digital Marketing: Strategies and Trends for Success | OTS News

The world is evolving around trends every day. Now, this is the platform where any sector can achieve profit through digital marketing. But often, the right tool is not enough. You must know how to use it efficiently.

Similarly, to apply digital marketing tools, you must know where to hit it right. But here is the fun part – digital marketing never lets you rest! You will always have to keep your eyes on which online marketing trend is trending, which brand is at the top and so on.

For example, academic brands like MyAssignmentHelp offer marketing assignment help  globally. This is possible because their services are designed to evaluate client demands worldwide who are mostly students.

For those navigating the dynamic realm of digital marketing, the blog underscores the indispensable role of staying attuned to trends and leveraging the right strategies. In this fast-paced environment, where the right tool alone is not enough, the importance of efficient utilization becomes apparent. Notably, academic brands like MyAssignmentHelp contribute to this landscape by offering global assistance, such as marketing assignment help, tailored to the diverse demands of students worldwide.

Now, below are 3 digital marketing strategies that will always work for you –

  1. Work on Creating a Remarkable Brand

Certain trademarks are instantly identifiable, such as Nike and the golden arches of McDonald’s. That is the power of distinctive and dependable branding. Creating a recognisable and reliable brand is crucial for your business to flourish.

Note that this is not only about logos. This entails creating a distinctive motto, website, and social media presence that conveys your value proposition and fosters confidence among your target market.

  1. Emphasise on Audit & Assess

It’s critical to understand the digital marketing channels and resources you already utilise and own to develop an efficient plan. To obtain a complete view of your marketing efforts, you should carry out a thorough channel and content audit and compile all of the data into a spreadsheet (across owned, paid, and earned media).

Therefore, if increasing revenue is your main objective, map each channel and asset to revenue.

By doing this, you can determine what is and is not generating revenue. Subsequently, you can intensify your efforts and investigate novel content or distribution channels for more impact.

  1. Routine Review and Refine

You must incorporate key performance indicators (KPIs) into your strategy development process that align with critical company objectives. To gain insights into the important KPIs, you must first establish a plan to comprehend your goals and objectives and then track the measurements.

To accomplish this, you must:

  • Give up on vanity metrics and ignore the figures that don’t matter in the long run, as Facebook likes.
  • KPIs should be used to measure achievement, but they shouldn’t be rigid.
  • Establish ongoing timeframes for reporting, measuring, comprehending, and analysing.

Here are mentioned the top trending techniques you have surely heard and experienced. It’s time for you to try as well!

It’s common to refer to the Metaverse as a virtual world inside another virtual world, and its present owner is Meta (Facebook). It’s an uncharted digital realm where everyone can connect with each other in an interactive environment created by virtual or augmented realities.

Having a digital version of yourself in a future where you can do anything you want to have. Because of this, digital marketers of brands like Coca-Cola & H&M have found a means to close that gap and establish an entirely new digital marketing category using video.

  • In-Feed Shopping

‘Shoppable posts’ on social media are something you might be familiar with if you own an online store. Now that you’ve connected your digital catalogue to Facebook and Instagram, customers may purchase goods by clicking on posts in their feeds.

Another in-feed shopping tool with shopping campaigns is provided by Google Ads. These advertisements appear as shoppable pictures and are connected to your product catalogue.

You can make your advertisement and indicate the search terms that will lead people to it. Next, specify your specifications, such as an inventory number and geographic area. Once the product is sold out, Google can remove the advertisement.

  • Push notifications

This tool is apt to promote future sales, provide digital receipts instantaneously, and remind consumers of impending appointments. As of 2021, there were an estimated 7.1 billion mobile device users worldwide. So, it’s likely that the majority of your clients are using smartphones when out and about. Hence, it’s a great scope for you to contact your clients via their phones with ‘push alerts’.

In fact, you may customise messages that appear as a message bubble on their home screen or as an SMS message in their text feed when they receive push notifications.

  • Influencer Marketing

Influencers can be your best business partner. The key is using influencers to spread the word about your brand. In particular, collaborating with micro-influencers might be beneficial. As their audience is usually smaller, they are called “micro,” yet size isn’t necessarily important.

So, why don’t you connect to an ideal influencer for your brand and establish a genuine, long-lasting partnership with them? They can help you with affordable promotions, let your product reach every region, help you grow your social media profile and so on.