Art market

Sotheby's shakes up senior level staff in Asia and Europe

Elaine Holt has been appointed as the deputy chair of Sotheby's Asia, while six other specialists across locations have received title changes

Lisa Movius. With additional reporting by Kabir Jhala
Auctionsanalysis

Sotheby’s Modern and contemporary sale in London nets a tepid £83.6m and prompts question—is the summer auction season over?

Bright spots in the heavily guaranteed auction included a £15m Basquiat and competition for the collection of Ralph I. Goldenberg

Mitchell-Innes & Nash will close Chelsea gallery and shift business model

The longtime New York dealers will transition to a “project-based advisory” programme

Sotheby’s Paris will relocate to new space in historic former gallery

The new location at 83 Rue du Faubourg Saint-Honoré will offer 30% more exhibition space

Next up for former Warhol Museum director Patrick Moore: South by Southwest London

Moore will advise on the forthcoming, arts-centric edition of the festival in his new role as culture lead of private equity firm Panarae

Comic Art Festival offers alternative to trade fair model

Pricier to attend than prestigious fairs such as Art Basel, and with a cap on visitor numbers, the event at Lake Como in Italy highlights a lucrative market niche

How the photography trade is lifting as the medium’s stigma fades

Sales volumes have hit a record high, with art at lower price levels particularly popular

Art marketfeature

‘Whatever the It factor is, she seems to have it’: behind the surging popularity of Francesca Mollett’s mysterious paintings

The 32-year-old London-based artist says she is still working it all out while collectors rush in

From one hand to another: painting reworked by Rubens to be sold at Sotheby’s

Conservation has revealed the extensive changes Rubens made to a work originally by Herri Met de Bles

'Regret when collecting stems from missing out on monetary gain': artist Dominic Chambers on the art he buys

The painter, who features in a major Black figurative painting survey at the Kunstmuseum Basel, discusses his growing collection

Salvator Mundi documentary The Lost Leonardo to become a television series starring Julianne Moore

Moore, who is also an executive producer on the series, will star as art restorer Dianne Modestini

More than 80% of young, wealthy Americans want to collect art, survey finds

Bank of America surveyed more than 1,000 US citizens with more than $3m in assets for their poll of high-net-worth individuals

Operators of New York auction house charged with illegal sales of ivory and rhino horn artefacts

The Manhattan District Attorney's Office has charged the owners of Merces Gallery with selling prohibited animal products online

Leading New York gallerist Barbara Gladstone has died, aged 89

The dealer, who died in Paris “after a brief illness”, represented many of the most ambitious contemporary artists of the past half-century

Gagosian’s chief operating officer Andrew Fabricant leaves gallery

Fabricant’s wife Laura Paulson, a former Christie's rainmaker who helped launch Gagosian Art Advisory, has also left

The Week in Art podcast | Art Basel: fireworks and nuance, Lynn Barber on her artist interviews, Guillaume Lethière at the Clark

We find out what this year's fair says about the state of the art market. Plus, the veteran journalist Lynn Barber tells us about her encounters with artists and we discover a forgotten master of Neo-Classical art

A bucolic Basel Social Club adds a new layer to the art fair model

Freewheeling art project has moved to a farm, while Art Basel repositions for a new generation of collectors

Artist who created Queen Elizabeth II portrait on Canadian coins sues dealer over stolen and damaged works

Susanna Blunt alleges the dealer Benjamin Lumb promised to compensate her for a stolen piece and knocked over several works in a “domino effect”

Big ticket sales at Art Basel mask a nuanced market moment

Insiders say that today’s market is “hard to describe, very hard to decipher”

Art Basel shrugs off ‘doom-porn’ talk with blockbuster first day of sales

VIPs prove that they came to town to buy, not just to “eat the sausage in the courtyard”

Photofairs' New York fair is cancelled until ‘market conditions improve’

The fair debuted in 2023 on the same dates and in the same building as The Armory Show

Art marketanalysis

Does the De la Cruz collection sale mark the end of an era?

Reduced value, mixed results dent idea of contemporary art as investable asset

Art Basel’s new director has her eye on ‘generational transformation’ of the fair

Venerable brand looks to refresh its image with late-night venue and revamp of outdoor Parcours section

Manhattan dealers feud over client contacts

The founder of Tribeca’s 1969 Gallery claims a former employee has been contacting the gallery’s clients for his own business

Curator files explosive lawsuit against Robilant + Voena gallery alleging toxic workplace and other violations

Virginia Brilliant accuses the dealers of "repeatedly, regularly and constantly making misogynistic, antisemitic, racist and homophobic comments" and more

Art Market Eye | Who’s afraid of the big bad cyberwolf?

Christie’s was hit by ransomware hackers—and now by a class action suit

German medieval altarpiece wings that remained in one family for 500 years to be auctioned at Sotheby’s

The portraits painted by Bartholomäus Zeitblom carry an estimate of £400,000-£600,000

Christie’s reportedly planning layoffs

Rival Sotheby’s recently entered a consultation period ahead of redundancies

The Armory Show lines up 235 galleries for 30th edition, including 55 first-time exhibitors

The fair, now in its second iteration since being acquired by Frieze, remains New York's largest

Young London commercial gallery swaps spaces with Newcastle non-profit for one month

Pipeline and Slugtown will show each others’ artists this summer in the hopes of promoting "cross-regional artistic collaborations" in England