Some of the world’s most visited contemporary art spaces are run by fashion and luxury groups.
By Shreya S · Last reviewed 2 November 2026
Which fashion houses have art foundations?
| Foundation | Founded | Where |
|---|---|---|
| Fondation Cartier pour l’art contemporain | 1984 | Paris; moved to a new building on Place du Palais-Royal in 2025 |
| Loewe Foundation | 1988 | Madrid; runs the Loewe Foundation Craft Prize |
| Fondazione Prada | 1993 | Milan (OMA-designed venue, 2015) and Venice |
| Fondation Louis Vuitton (LVMH) | 2014 | Paris, in a Frank Gehry building |
| Pinault Collection (owner of Kering) | Palazzo Grassi 2006 | Venice and the Bourse de Commerce, Paris (2021, Tadao Ando) |
Why do luxury brands fund art?
Art lends brands cultural authority and connects them with collectors who are also their best customers. It also reflects the personal passions of owners like Miuccia Prada, Bernard Arnault and François Pinault, and in France, corporate patronage brings tax benefits.
Read on Ayerhs: The Intersection of High Fashion and Contemporary Art · Who owns what in luxury? · The business of art and fashion