August 5, 2024
Art Investment

JCPenney Unveils $40 Million Investment in State-Of-The-Art Supply Chain Upgrades

The centerpiece of JCPenney’s distribution center upgrade is the implementation of the Joey Pouch sorting system, a state-of-the-art, computerized induction, sorting and packing system. (Photo: Business Wire) As part of the retailer’s $1 billion reinvestment, JCPenney is introducing the Joey Pouch system to improve supply chain operations PLANO, Texas, June 18, 2024–(BUSINESS WIRE)–JCPenney today unveiled

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Art Investment

More than 80% of young, wealthy Americans want to collect art, survey finds

Wealthy art collectors say they are hoping to take advantage of the buyer’s market, according to the latest edition of Bank of America’s survey of high-net-worth individuals, released today (18 June), which also sheds light on the differences between older collectors and the new guard made up of Millennials and Gen Z. The survey consisted

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Art Investment

Grant Cardone Has a Multimillion-Dollar Art Collection — Should You Invest in Art Too?

KuznetsovDmitry / iStock.com Grant Cardone, private equity fund manager, real estate investor, author of “The 10X Rule” and creator of the 10X Profit Planner, has a multi-million-dollar art collection, which he showcased in a recent YouTube video. Check Out: In 5 Years, These 2 Stocks Will Be More Valuable Than Apple Read Next: 4 Genius

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Art Investment

Repeal of Art 370 spurs Rs 81k Cr investment proposals in J&K: Hina Bhat

Jammu, June 14 (UNI) With the Introduction of New Industrial Development Scheme and post abrogation of Article 370, the Union Territory of Jammu and Kashmir has received Investment proposal worth Rs 81 thousand Crore, stated Chairperson J&K Khadi and Village industry Board Dr. Hina Shafi Bhat. Without giving the breakup of the Rs 81 thousand

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Art Investment

Why Now Is the Perfect Time to Invest in the Art Market

The current art market landscape offers well-informed and discerning buyers unprecedented investment opportunities. Courtesy Art Basel When I started the first asset-backed art investment fund with The Fine Art Group in 2001, people thought I was mad. Many collectors, including the financial backers of my first fund, thought that art was merely a cultural asset,

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Art Investment

Masterworks investing review | AP Buyline Personal Finance

In a nutshell Masterworks is an online fine art marketplace, where you can buy and sell shares in some of the top contemporary art pieces in the world. Fine art is an asset class once available only to the very wealthy. But Masterworks now makes it available to ordinary investors to hold in their portfolios.

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Art Investment

Derry business wins multi-million contract following investment in state-of-the-art equipment

Derry-based professional clothing company Hunter Apparel Solutions has won a £3.5million contract with the Dublin Fire Brigade. The contract follows a £1million investment in new machinery by Hunter which is enabling it to offer a revolutionary PPE decontamination service. Located in Springtown Industrial Estate, Hunter Apparel Solutions employs 53 staff. It was founded in 1936

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Art Investment

Should you invest in art collectables?

We collect art for all sorts of reasons – and seemingly for no reason at all. There was no reasonable justification for me spending my entire first month’s modest teaching salary on a painting by an unknown Serbian artist, but I’m glad I did. Not because it’s gone up in value, but because I love

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Art Investment

Italy clamps down on company guaranteeing art investment returns

A growing number of galleries around the world are offering art as an investment, but legal bodies have been slow to act in an area that is still being played out among buyers and sellers—until now. Last month, the public authority responsible for regulating the Italian financial markets suspended an offer by an Italian company

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Art Investment

‘Investment galleries’ that pitch art as a safe haven gain ground in the UK

“Invest in one of the best performing asset classes of the decade.” “Invest like billionaires.” “Six reasons to invest in blue-chip art.” “The art market is booming. The time to invest is now.” So read the straplines of just some of the targeted advertisements currently filling potential collectors’ and, perhaps more accurately, investors’ inboxes and

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