When the venerable Stephen Friedman gallery shut last month, it followed a number of recent closures. Financial filings of the biggest names in the art market paint a picture of collapsing profitability

The duo has won a court order to force an art dealer to reveal details of his transactions with an unnamed intermediary

The evening brought in £197m, a 52% increase on last year's equivalent auctions

The packed auction totalled £131m and made a record for Leon Kossoff

Outstanding February sales in New York make clear that older art still has relevance, although not everyone seems to have got the memo

The fair's 45th edition opens as local exhibitors worry about the impact of the country’s prohibitive rate of VAT on art

The commitment to bricks and mortar can be expensive and inflexible for galleries

The non-profit, which uses art to connect communities on either side of the Mexico-US border, had to move its stand the day before Frieze's preview

Artists and dealers have really gone out on a limb this year—or several. Seemingly every other stand holds out a hand or sticks out a foot, and visitors appear to be getting a kick out of it.

The VIP preview saw galleries big and small taking care of business, and even Frieze’s new owner making a splashy purchase

The New York-based publisher sees opportunity in the city’s large community of artists

The city is eyeing the site, home since 1994 to more than a dozen galleries and arts nonprofits, as a possible location for state-mandated housing development

With lower costs than the main event, and in some cases models that are centred on artists, these smaller events seek to offer an enticing alternative to the blue-chip global fairs

The fair’s seventh edition gathers the local community of dealers and artists, along with dozens of international galleries, while fostering a convivial atmosphere

The firm's hometown fair will feature 290 exhibitors from 43 countries and territories

In a recalibrating market, auction houses are carefully balancing much needed fee revenue with compelling deals for both buyers and sellers

Challenges loom but artist royalties on secondary sales now apply in 90 countries

The auction will provide crucial financial support for the institution, which last year was looking at axing 60 members of staff as part of a cost-cutting drive

Around one-fifth of participating galleries are either first-time participants or returning to the fair after a hiatus

The two foremost satellite fairs of Mexico City Art Week are drawing record crowds and feature strong presentations by artists and galleries from across Mexico and throughout the Americas

The week's sales also saw a near-record for a Canaletto painting and a seven-figure result for a 15th-century Hebrew illuminated manuscript

Ben Luke talks to art market editor Kabir Jhala about the inaugural fair in Doha, explores the debate surrounding a painting of Dürer’s father, and we hear about the synergies between two 20th-century painters

Latin America’s foremost art fair, now in its 24th year, remains a magnet for collectors, curators and museum groups from across the Western Hemisphere and beyond

The Austrian gallery has hired a permanent senior director for its new project space in Manhattan

Both London and New York spaces are now shut

The Chanakya School of Craft has partnered with India Art Fair to offer the $12,000 award

The inaugural edition's unusual structure and focus on regional talent has garnered praise—but its reliance on state support raises existential questions

The New Delhi stalwart, which has raised the profile of many artists, increasingly reflects the growing interest in Indigenous art

Art fairs including Salón Acme, Clavo and Material offer various forms of support to alternative art spaces and artist-run projects spread across the country

The acclaimed poet, who died in 2024, was “a unique figure" who combined collecting and selling art with writing and publishing literature