Paris Is Rising as an Art Market Hub, With Some Way Left to Go

Published On Oct 15, 2024, 9:46 AM

Sotheby’s has opened its new salesroom in Paris just as the Art Basel Paris fair is kicking off. A highlight at this launch is the first-ever Birkin bag, made specifically for Jane Birkin by Hermès in 1984. This event reflects the growing importance of Paris as a center for luxury and art, attracting international collectors with its revamped art scene.