Art market

‘Everyone's suffering right now’: New York and Los Angeles gallery Clearing will close

Olivier Babin tells The Art Newspaper that high overhead costs and the market slowdown made the business unsalvageable

Ancient marble bust returned to Italy following seven-year legal battle

The first-century sculpture was seized from the New York-based gallery Safani in 2018, prompting a series of lawsuits that have finally been resolved

US appeal court upholds $2.5m sanctions ruling in favour of Peter Doig

The long-running court case centres on a painting of a desert landscape, which a former prison guard claims is by the well-known artist

Sotheby’s returns ancient Buddhist gem collection to India after legal pressure

After the Indian culture ministry intervened to halt a sale of the Piprahwa gems, Sotheby’s has sold the trove to a Mumbai conglomerate

Can Hauser & Wirth's new Palo Alto space achieve what its rivals failed to?

Gagosian and Pace packed up shop in the Bay Area—now Hauser & Wirth is the latest mega-gallery to give Silicon Valley a go

‘Slowing the process down’: how a bohemian Somerset art gallery is forging its own path

Close gallery is expanding with a project space in London and exhibitions of the late Jane Harris and “the new Land Artists”

With two fairs and a new festival, Aspen art scene is reaching new peaks

Famous for its high-end ski resorts, the Colorado town has become a major arts destination

US Senators propose anti-money-laundering legislation for the art market

The Art Market Integrity Act proposed by a bipartisan group of US lawmakers would bring US regulation in line with Europe and the UK

New York’s Market Gallery evolves from Chinatown apartment to Soho pop-up

The buzzy gallery, run out of founder Adam Zhu’s renovated storage shed, launched an inaugural group show on Mercer Street

AI portrait of footballer Lionel Messi's favourite goal raises $1.87m for charity

Refik Anadol's re-imagination of the Argentine star’s 2009 header sold in an online auction at Christie's New York

Art Basel Miami Beach to welcome 41 new exhibitors

A handful of galleries are not returning for the 2025 edition

Sharp drop in value of works saved for the UK this past year, official report reveals

A painting by Antoine Watteau valued at £6m was among those granted an export licence after no museum buyer was found, however items including the Second World War notebooks of Alan Turing were saved

Art Dealers Association of America cancels 2025 edition of The Art Show fair in New York

The ADAA sent an email to members this week saying the decision was made with “long-term sustainability” in mind

Ron Perelman's $410m insurance trial is testing the limits of art valuation

Long-running dispute centres over works owned by the billionaire collector that were damaged in a 2018 fire

A hundred years on, Cork Street is the beating heart of London’s art scene once more

More than a dozen galleries on the storied Mayfair thoroughfare are celebrating its history with a group exhibition

‘Creating their own ecosystem’: Arts Council gives backing to collaboration between artists in rural Gloucestershire

The Hide, an artist retreat in the Cotswolds, southwest England, with an annual sculpture showcase, is a grassroots project that is gathering momentum

‘Free art, with strings attached’: Zero Art Fair’s first edition in New York City puts a new spin on the old fair format

More than $500,000 worth of art traded hands free of charge last week with a contract that makes collecting more accessible and helps ease artists’ burden of storing old work

Christie’s celebrates the late Syrian artist Marwan with non-selling London show

The exhibition is auction house’s third dedicated to Middle Eastern art, part of a strategy to support the region

Influential New York gallery Venus Over Manhattan will close after 13 years

Founder and dealer Adam Lindemann says he will return his focus to his personal art collection

Phillips claims stake in South Asian market with London exhibition

Held in collaboration with Grosvenor Gallery, the Modernist selling show sees the auction house tap into this burgeoning region

Sotheby'sfeature

Your weekly dose of wonder: introducing The Specialist, a new podcast by Sotheby's

Sotheby's specialists tell stories of discovery, restitution and scholarship, looking at some of the most defining moments in art history

Advertisement feature bySotheby's

A sale as old as time: Natural History Museum to display £450,000 dinosaur fossil after London gallery helps secure buyer

The skeleton, which was displayed at Frieze Masters in 2023, has been found to belong to a new species

Art marketanalysis

The art market bites back as estimates fail to score

A landscape that includes economic volatility, generational movement and new technology is changing the rules of engagement

New fair for women-led galleries to launch during London's Frieze Week

Echo Soho is founded by the gallery owner India Rose James and will host up to 12 exhibitors this October

Art marketcomment

Comment | Artnet sale underscores its impact on the industry—and its limitations in today's landscape

The online data company had a truly radical offering when it started in 1990, but how will it prosper in a changed world?

Turner painting bought last year for £500 sells for almost £2m at Sotheby's

The Old Master sale on Wednesday night totalled £14.5m, led by a record price of £2.7m for Florentine artist Lorenzo di Credi

Pennsylvania college moves to sell its entire art collection amid $20m budget shortfall

Albright College has consigned more than 500 works from its collection to an online auction, though the small sum it expects to get from the sale will do little to alleviate financial pressures it faces

Tim Blum will phase out traditional gallery model, close Los Angeles and Tokyo locations

The longtime dealer says a new structure will allow for more flexibility, engagement