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LOTTE Museum of Art

A dark blue gallery installation features multiple video screens and colorful “The Korean Wave” signage, with a life-size figure of a performer posed inside an illuminated display case.

The Chaebol Fortunes That Built South Korea’s Art World

The country's cultural rise is often credited to ambitious government policy, but corporate dynasties have spent decades transforming private wealth into public-facing art infrastructure.
By Elisa Carollo

Most Recent Posts on Observer

A seated red-haired woman in a glossy black outfit poses against a neutral gray backdrop, her long hair swept loosely around her face.

Iris van Herpen Has No Flagship Store, No Diffusion Line and No Plans to Change

By Scott Drevnig
Models pose with a shopping cart during the Esmara By Heidi Klum Lidl Fashion Presentation at New York Fashion Week #Letswow at ArtBeam on September 7, 2017 in New York City.

Fashion’s Next Front Row Is the A.I. Shopping Interface

By Sam Atkinson
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What A24’s DeepMind Deal Says About the New Rules of Cultural Power

By Daniel Fries
Mary-Kate Olsen and Ashley Olsen attend 2012 CFDA Fashion Awards at Alice Tully Hall on June 4, 2012 in New York City.

How the Olsen Sisters Turned The Row Into a Quiet Luxury Powerhouse

By Rachel Curry
A crowded aisle at Frieze New York, with visitors moving among gallery booths displaying contemporary artworks.

Art Fairs Are Built for a Market That No Longer Exists

By Paco Barragán
Supporters of the New Deal agency, the Works Progress Administration, marching at 27th Street and 8th Avenue, New York City, in protest at layoffs, January 1937

This Labor Day, It’s Time for a New Social Contract With Workers

By Andrea Gordillo and Althea Erickson
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