Tag: Business

Sarine signs an MOU to acquire a majority stake in New York’s Gem Certification & Assurance Lab (GCAL)

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Hod Hasharon (Israel), 11 January 2023 โ€“ Singapore Exchange Mainboard listed Sarine Technologies Ltd (โ€œSarineโ€ and along with its subsidiaries โ€œthe Groupโ€) (U77:SI; SARN.TA), a worldwide leader in the development, manufacturing, marketing and sale of precision technology ย products for the evaluation, planning, processing, measurement, grading and trading of diamonds ย and gems, is pleased to announce the signing of a non-binding MOU to purchase, subject to the ย usual due diligence reviews and to reaching and executing a definitive agreement, a majority share ย of GCAL against an all cash consideration.

The Gem Certification & Assurance Lab, Inc. GCAL is a highly respected gemological laboratory ย founded in 2001 by Mr. Don Palmieri, a veteran of over 50 years in the diamond industry, and his ย wife, Pamela. Today, it operates as a family-owned business in New York City, on the city’s famous ย Diamond Way, at the corner of Fifth Avenue and 47th Street, with son Angelo in the role of Chief ย Operations Officer (COO). GCAL provides services for the grading and certification of natural and ย lab-grown diamonds, coloured diamonds, coloured gemstones, pearls and precious metals.

Atlanta Hawks and Novelis unveil 404 lbs upcycled aluminum sculpture to celebrate their Award-Winning Partnership

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ATLANTA โ€“ Before Wednesday nightโ€™s game, the Hawks and Novelis unveiled โ€œFULL COURT PRESSโ€, a sculpture made up of nearly 404 lbs. of upcycled aluminum cups and cans in the shape of the primary Hawks logo. The piece is located on the Terrace level by the Gate 2 entrance at State Farm Arena.

โ€œFULL COURT PRESSโ€ celebrates the one-year anniversary of the Hawksโ€™ partnership with Novelis, the world’s largest recycler of aluminum, which officially launched on National Recycling Day in 2021.

This sculpture symbolizes a circular economy where maximum effort is employed to make sure precious resources are recycled and reused, rather than discarded as waste.

Top 5 Best-Performing American Artists of 2022

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This article shows a selection made by MutualArt of the Top 5 US Artists of 2022 due to their performance in sales and exhibitions of their work. The top performers are:

1. Andy Warholย (1928 – 1987)

Andy Warhol was an American Postwar & Contemporary artist who was born in 1928. In 2022 he achieved sales for 570,207,409 USD

Numerous key galleries and museums such as Hamburger Bahnhof, Museum of Contemporary Art have featured Andy Warholโ€™s work in the past.

Since 1998 the record price for this artist at auction is 195,040,000 USD for “Shot Sage Blue Marilyn” which sold at Christie’s New York in 2022.ย 

Learn more about the other best-performing American artists of 2022.

Stay True To Your Colors – Exclusive Interview with Willem Vos | Part 3

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“I see a digital revolution, but don’t think the amount of money being pumped into it is permanent. I believe more in NFTs that have functionality. That is something that is starting to emerge now and I think will only grow.”

Willem Vos is an enterprising new artist from the Netherlands. After selling his international company, he threw himself completely into making art and selling his works. Mainly because of Willemโ€™s choice to live a different life he has become an inspiration for people that want to successfully change course as well.ย His artworks are powerful and quite large, they are full of color, energy, and meaning. Clearly Willem has an impressive talent and high potential, which is why The World Art News is pleased to share Part 3 of his First Exclusive Interview with our global audience.

Takeaways from a Record-Breaking Early Auction Season

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Collection sales dominated headlines of another record-breaking fall auction season, while the emerging market feels the pressure of economic worries.

With art market prices soaring as of late, recent blue-chip auctions were projected to reach significant high-flying, record-breaking heights. Not only did these lots deliver, but in some instances their price tags surpassed their monumental estimates. The highly anticipated Paul Allen collection, the personal assortment of paintings and sculptures owned by the late Microsoft co-founder, blew past the $1 billion estimated value, which already wouldโ€™ve made his collection the most expensive ever sold.

While some say the results of the Phillips auction suggests a cooling of the market, works of personal collections, especially those hidden from public view for prolonged periods of time are doing exceedingly well.

ART. BUSINESS. FREEDOM! Exclusive Interview with Willem Vos | Part 2 – Dare!

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“You have to be business-minded. Try to understand that everyone in this world wants to make money. Including you and your artworks. You are part of the art world, you have to be able to embrace that.”

Willem Vos is an enterprising new artist from the Netherlands. After selling his international company, he threw himself completely into making art and selling his works. Mainly because of Willemโ€™s choice to live a different life he has become an inspiration for people that want to successfully change course as well. His artworks are powerful and quite large, they are full of color, energy, and meaning. Clearly Willem has an impressive talent and high potential, which is why The World Art News is pleased to share Part 2 of his First Exclusive Interview with our global audience.

โ€˜Art is Freedom. I Make Art.โ€™ Exclusive Interview with Willem Vos | Part 1

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“Intense friendships, profound conversations, love, sex, feelings of connection, my fears and letting go of people.ย All the feelings and emotions I store and sometimes experience more violently than ever. I don’t run away from them anymore – I put them on canvas.”

Willem Vos is an enterprising new artist from the Netherlands. After selling his international company, he threw himself completely into making art. His artworks are powerful and quite large, they are full of color, energy, and meaning. Clearly Willem has an impressive talent and high potential, which is why The World Art News is pleased to share Part 1 of his First Exclusive Interview with our global audience.

GemGenรจve is Back in November โ€ฆ with Fabergรฉ!

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GemGenรจve

GENEVA, 23 AUGUST 2022 โ€“ Itโ€™s official! By popular demand from its exhibitors, GemGenรจve is holding a second, exceptional edition again this year in Geneva. โ€œWe had initially planned to hold only one edition, in May 2022. Following calls from our exhibitors, weยดve decided to organize a second edition in autumn 2022 in Geneva, but this shouldnโ€™t become standard practice in the futureโ€, emphasizes Ronny Totah.

The 5th meeting of gemology and jewellery professionals and enthusiasts will therefore open its doors from Thursday, 3rd November to Sunday, 6th November in Palexpo, this time in Hall 6. It will coincide once again with the major autumnal auction sales of the Geneva Luxury Week.

How To Make Money With NFTs

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Many NFT sellers have gotten rich almost overnight through selling NFTs.

Digital artists, content creators, and NFT enthusiasts come up with new NFT projects every day in hopes of gaining wealth by selling them.

NFTs have grown in popularity thanks to their unique trait of being an indivisible digital asset, which cannot be replicated and safely exists in the tamper-free blockchain.

So can you get rich with NFTs?

Long story short, yes!

The First โ€œGallery Creationโ€ by Hong Kong Gallery

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BRAX BUBBLEGUM

A local creative label & Gallery YOUNGCLUB launched BRAX – the first gallery-created character, as an art series based on youth and artists.ย 

In the image of a young artist, BRAX explores and grows in its adventure journey, creating a series of stories in the dreamland, vividly presenting the value and adventurousness of the young generation.

BRAX is a forever 17-years-old character keeping its identity hidden by wearing a doll costume.

It can be a character representing any of us in society. This 17-year-old teenager starts his own journey with its costume, arouses the resonance of young artists on the way of creation, and brings back memories of their youth.