Art market
Simon Lee gallery’s £10m debt revealed in insolvency report
Records show the London gallery owes artists more than £1m—while US dealer Stefan Simchowitz demands return of consigned works
Collaborative approach fuels rise of San Francisco’s Friends Indeed gallery
Founder Micki Meng shows that working with like-minded gallerists can be an art trade superpower
Opening day of 1-54 Marrakech fair highlights growing business and even better vibes
Gallery expansions, international attendance and a celebratory mood define the contemporary African art expo’s return to Morocco
Merger of Freeman’s and Hindman auction houses targets upper-middle market growth
Firm formed by auction house pairing announces a New York saleroom and expansion plans abroad
Phillips's selling show of contemporary Indigenous art reflects surge in curatorial interest
Collectors’ enthusiastic response to 'New Terrains' exhibition is latest signal that the market is finally catching up
Instagram-famous Australian gallerist charged with nine counts of theft
Tove Langridge faces up to five years in prison if convicted in the criminal case
Art Basel reveals 287 galleries participating in its next Swiss fair, including 22 first-time exhibitors
June's event will be the first edition of the world’s most important art fair under the direction of Maike Cruse
Will the art market rebound? That might not be the right question
A resurgence in top-end spending would only reprise the recent status quo
Frieze reveals 68 galleries for its next New York fair
The smallest Frieze fair returns to the Shed in early May
Masterpieces from the Barbier-Mueller African and Oceanic Art collection to be sold at Christie's in Paris
The auction next month will include 100 pieces acquired by Josef Müller and his family
New book sees ‘outsider artists’ as part of a creative spectrum rather than a world apart
The publication also explores how artists on the periphery might interact with the art market
How Mexico City’s art scene and its biggest fair, Zona Maco, have grown over 20 years
The biggest art fair in Latin America is marking a significant milestone while showcasing the booming local scene
Painting made by The Beatles in a Tokyo hotel sells for $1.7m at auction
The Fab Four all painted a corner each of the psychedelic composition
Phillips auction gives James Rosenquist estate the best of both worlds
Pop artist’s paintings have seven-figure prices, but his prints are available for just a few hundred dollars at New York sale
New York Old Master sales deliver tepid results at Christie's and Sotheby's
Scattered seven-figure highlights failed to make up for dozens of passed lots and multiple key withdrawals
Expo Chicago reveals more than 170 exhibitors for first edition since acquisition by Frieze
The long-running Midwestern fair was acquired by the London-based fair company in summer 2023
‘Gangbusters’ domestic economy sees prices rise at India Art Fair
The region’s previous art market boom and bust has some at the New Delhi event questioning whether this new wave can be sustained
One of Van Gogh’s finest early watercolours is coming up for sale, estimated at up to £3m
Woman Sewing was inspired by a soulful English poem, “The Song of the Shirt”
The gateway drug: how handbags are bringing in new auction house buyers
In a rather lacklustre 2023, luxury shone the brightest
London's newest gallery seeks to combat a market obsessed with painting
The pair behind Palmer Gallery hope to be a “spiritual successor” to neighbouring Lisson Gallery by showing works that might struggle to get a commercial platform
Jury sides with Sotheby's in New York fraud trial against Rybolovlev
The billionaire had sought at least $190m in damages from Sotheby's related to deals with Yves Bouvier. Instead, he will get nothing
Sotheby's and Rybolovlev’s lawyers paint contrasting pictures of culpability in fraud trial's closing arguments
The jury could return a verdict in the closely-watched lawsuit as soon as 30 January
Sotheby's weathers 'challenging market' with $7.9bn of sales in 2023
Luxury goods and Millennials are helping buoy the bottom line, though fine art remains at the core of the business
Klimt portrait believed lost for a century to be auctioned in Vienna
The auction house Im Kinsky estimates the price of the 1917 painting at between €30m and €50m
For the first time in its 15 years, New Delhi’s India Art Fair has competition
The event continues to innovate—including a design section for the first time this year—as a new Mumbai-based fair ups the game for the South Asia region
The Gray Market: Rybolovlev’s trial against Sotheby’s has become a slog through minutiae—and that’s good for the auction house
The art market ‘trial of the century’ has transitioned from courtroom drama to bureaucratic headache
How the Rybolovlev vs Sotheby's case shows the need for greater transparency in the art market
As the trial between the Russian billionaire and the auction house is thrashed out, it may be time to consider incorporating blockchain into the art scholarship process
Lagos's Rele Gallery to expand into Europe with new London space
The gallery was founded in the Nigerian city in 2015 and has since added an outpost in Los Angeles
Banksy’s shredded Girl with Balloon renamed and redated—again
Canvas that “self destructed” at Sotheby’s in 2018 was renamed Love is in the Bin by the artist’s studio—but last year it went on show in Korea with a new title and date
The Old Master trade is still seeking new ways to restore it to life
The category’s extraordinary works sell well, but the middle and lower ends of the market are in need of new ideas