Hauser & Wirth moved to Switzerland due to UK tax changes, despite declining sales, planning a new London location in 2026.

WHISTLEHOG

🌍✨ Big News for Art Lovers! 🎨

The Hauser & Wirth art gallery owners have made a strategic move due to recent UK tax changes. 🤑🌍 After years of operation, they’ve relocated to Switzerland where their holding company is based. This decision follows reports of high-profile figures in the art industry leaving the UK. 💸

This relocation comes asHauser & Wirth reported a 13% drop in turnover last year but saw a slight increase in pre-tax profits. 🧠❌ Despite this, they’re still active in the UK market and plan to open a new London location in 2026 despite declining sales in recent years. 💸🌍

What does this mean for the art world? 🌟 Curious? 🤔 Maybe they’ll bring something fresh or they might continue their journey across the pond. Let’s keep an eye on it! 🌾

WHISTLEHOG

Hauser & Wirth moved to Switzerland due to UK tax changes, despite declining sales, planning a new London location in 2026.

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