Art market
Dealer Daniella Luxembourg to sell $30m of art from personal collection at auction
The sale at Sotheby's New York next month includes works by Lucio Fontana, Michelangelo Pistoletto, Alexander Calder and Claes Oldenburg
Dallas Art Fair offers first test of collectors’ appetites amid Trump’s trade war
A tight-knit community of patrons and a resilient state economy keep sales strong in Dallas despite macroeconomic headwinds
Trump turns on museums and libraries, the art market’s 12% fall, Evie Hone and Mainie Jellett—podcast
What are the implications of the US president’s attempts to gut and transform arts organisations? Plus, discussions about the Art Basel and UBS Art Market Report 2025 and works by two leading Irish modernists
Warhol electric chair canvas could bring $30m during New York auction season
Christie's will offer the rose-hued “Big Electric Chair” from the collection of influential Belgian art patrons Roger Matthys and Hilda Colle
Billionaire collector Thomas Kaplan to sell Rembrandt lion drawing to raise funds for wildlife conservation
Young Lion Resting, which went on show in Amsterdam this week, could approach a record price for a work on paper at auction next year
The Dallas Art Fair is ‘a new front’ for dealers
The Texas fair has a record of resilience, largely shielded from economic dips that affected the US at large, but this year’s edition will be the art market's first major test since President Trump's new tariffs
Global art sales plummeted by 12% in 2024, latest Art Basel/UBS report finds
A cooling contemporary market and lack of high-end sales has contributed to another “challenging year”, in which sales fell in almost every region
‘We are in uncharted territory’: Trump’s tariffs scramble art trade
There is widespread confusion about whether or not new US tariffs—and those imposed by trading partners in retaliation—apply to art and antiques
Why five years after the pandemic, art fairs are still in recovery
Art market experts believe fairs might need a radical rethink in order to remain viable
'Alarming situation': Tax issues dominate discussions at Milan's Miart fair
While a 22% VAT rate is a pressing issue for the art trade in Italy, the country is also benefitting from the arrival of wealthy individuals from the UK
UK’s new sanctions reporting regime tightens screws on struggling dealers
While the US appears to be relaxing some of its anti-money laundering provisions, the British government has labelled the art market as high risk and introduced a legal requirement to increase due diligence in the sector
Could the future of the art market lie in antiques?
There was an uptick in sales of traditional art at last month's Tefaf Maastricht fair
‘We haven’t stopped a minute’: foreign collectors and curators fuel buoyant start at SP-Arte, Brazil's biggest fair
The São Paulo fair is benefiting from renewed interest in art from the Global South, says founder Fernanda Feitosa, thanks in part to Adriano Pedrosa’s 2024 Venice Biennale
Gagosian to stage first Willem de Kooning show in 12 years
The gallery brought on Cecilia Alemani to curate the show, which will span five decades
A Robert Frank photo he saw as ‘threatening’ and a ghostly Dalí painting: our pick of the April auctions
Plus Dürer’s engraving of Nemesis and a painting by one of China’s greatest Modern artists
Mystery in Manhattan: why New York galleries are turning to intrigue this spring
Several dealers are taking a “less is more” attitude by, for example, giving little away in press releases—and it’s making a notable difference
Long undervalued, Bangladeshi artists begin to rise at auction
Modernist paintings by artists such as Zainul Abedin and Mohammad Kibria soared past their estimates at recent sales in New York
Slim Hong Kong evening sales at Christie's and Sotheby's draw solid results for a 'tough season'
Both auctions represent significant decreases from previous sales seasons, but strong sell-through rates and increased bidding from mainland China indicate signs of recovery
New York print fairs see new energy and an influx of young collectors
The IFPDA Print Fair's crowded preview and the launch of the Brooklyn Fine Art Print Fair echo recent signals that the medium is increasingly in demand
Canadian gallery sues Norval Morrisseau’s estate for breach of contract and defamation, seeking $1m
EA Studios alleges that the estate and its director bad-mouthed the Calgary-based gallery in an attempt to steal its customers
Rising Ethiopian artist Merikokeb Berhanu’s gallery joins forces with two major dealers to help her go global
The gallery Addis Fine Art, which has branches in Ethiopia and London, has partnered with Esther Schipper and James Cohan to promote Berhanu internationally, which shows the positive potential of shared representation
Energy returns to a changed Art Basel Hong Kong
While there were fewer US collectors, and Chinese spending remains lower, the increased Southeast Asian presence and an "exponential growth" of Gen Z buyers is notable at this year's edition of the fair
Collector's eye: the art Cherry Xu has bought and why
The cultural entrepreneur, who is based in Shanghai, platforms young and emerging artists. Here, she discusses her journey in art, her passion for Frida Kahlo and the culinary delicacies not to miss during the fair
Our pick of the shows to see during Hong Kong art week
From Sin Wai Kin's latest video works to Sarah Sze's first solo exhibition in Asia
The latest Hong Kong art hot spot: Wong Chuk Hang on the Southside
The up-and-coming area has seen a boost to its local art organisations and gallery offering due to the pandemic and increased transport links
Jessica Chastain and Adam Driver will play a gallerist and her artist in new television series
The art world is taking Hollywood by storm, and ‘The Dealer’ is the latest project to get the green light
In her comeback show, painter Seung Ah Paik renders her body as a map
After stepping away from the art world and starting a family, the artist is having her first solo show in New York with Gratin and showing two new paintings at Art Basel Hong Kong with Bortolami
Basquiat to Chagall: Hong Kong's international auction houses turn to household names during art week
As mainland Chinese art buying continues its post-pandemic contraction, Christie’s and Sotheby’s are pivoting from ultra-contemporary Western artists towards tried-and-tested 19th- and 20th-century big hitters
Tariff time: what Trump’s new levies mean for Hong Kong’s art trade
As Art Basel Hong Kong opens, local dealers are staying watchful over the financial impacts of the American trade war
Frieze Masters appoints Emanuela Tarizzo as director
The art adviser and former director at Tomasso gallery takes the reins from Nathan Clements-Gillespie at a pivotal time for Frieze, which is presently being considered for sale