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
New York gallery Kasmin will close this autumn as leadership launches new venture, Olney Gleason
The Chelsea gallery staged more than 350 shows during its 35 years in operation
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
Jane Birkin’s original namesake Hermès bag sells for record-breaking €8.6m at Sotheby’s Paris
It is the most expensive handbag ever sold at auction
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
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
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
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