Art market

New business, familiar face: former Sotheby’s chairperson Patti Wong launches advisory focused on top Asian collectors

Patti Wong & Associates will partner with London-based advisory The Fine Art Group to expand its global reach

Art SGnews

Art SG Singapore fair report: has the city-state’s moment in the sun finally come?

Prestigious international galleries and regional heavyweights alike have gathered for the fair's much-delayed inaugural edition

'It helps Hong Kong if other Asian cities do well': Chinese gallerist Kevin Poon discusses his new Singapore gallery

The influencer and dealer has opened an outpost of his WOAW gallery in the Southeast Asian city, which is enjoying a new art market spotlight

Art Basel parent company MCH Group cancels Masterpiece fair in London

"Escalating costs and a decline in the number of international exhibitors" were cited as factors in decision

Long-delayed Art SG fair finally makes its debut—and Singapore is ready

An influx of wealth during the pandemic coupled with increased attention from blue-chip galleries has primed the city for an art market boom

Art marketpreview

From a gruesome Old Master to a potential million-dollar superhero: our pick of the highlights from January's sales

Plus, a pair of Thornton Dial assemblages, a rare Chinese bowl and a work made out of flip-flops and suede

Recent UK High Court rulings raise questions over dealers’ duty of care towards clients

Two cases involving respected London dealers John Eskenazi and Simon Dickinson brought up issues of negligence and authenticity with differing results

Influential Düsseldorf dealer Hans Mayer—the first to show Warhol in Germany—dies aged 82

The gallerist is credited with introducing European audiences to post-war US artists

New faces and major anniversaries: art fair highlights of 2023

East Asia gains two new commercial art events and Frieze London turns 20

The full list of major art fairs in 2023, from Marrakech to Miami

We've compiled this year's leading commercial art events into one handy source

Ronald Feldman, art dealer who ‘championed big ideas’, has died, aged 84

Feldman, an early supporter of artists like Joseph Beuys and Chris Burden, opened his gallery in 1971 and quickly established himself as a gallerist willing to take risks

The art market in 2022: art fair shake ups, single owner auctions and an NFT winter

Despite headline figures of record sales, is the art world's bull market coming to an end?

'Hopes for a slower, more local art trade dashed by a turbocharged market year'

The global art world sprang back to life with a vengeance in 2022

Van Gogh in 2022: record prices, top shows and exciting discoveries

Plus, the best books on Vincent and the artist's booming immersive experiences

Fairsnews

China’s art fairs get unexpected end-of-year boost as Covid-19 restrictions ease

Shanghai Art021, which was dramatically shut in November because of a single Covid case, is staging a two-location pop-up this month

Paris auction house Artcurial reports best year of sales—despite a downturn in trade of 20th- and 21st-century art

A record year for the French market was shored up by a particularly strong crop of Old Master work

Jane Fonda to sell Outsider art trove at Christie’s, including major works by Thornton Dial

“I couldn’t believe the dynamism, the energy, the courage, the rawness of these works,” the actor and activist said

‘An absolute art market record’: Christie’s posts $8.4bn in sales for 2022

Single-owner collections and millennials boost auction house’s revenues despite “challenging macro environment”

Crime news

Following his arrest in Italy, Old Master forgery suspect Giuliano Ruffini is turned over to French authorities

After seven years of investigations, Ruffini has been handed over to French authorities, likely setting the stage for a trial in Paris

Is the Las Vegas art scene’s streak of bad luck finally over?

After decades of failed museum projects and short-lived gallery outposts, dealers are testing pop-up and retail models in the entertainment capital of the world

Black American women artists represent just 0.1% of auction sales, report shows

New data shows there has been little real progress in fighting sexism and racism between 2008 and 2022

Art marketcomment

The elephant in the booth: the environmental toll of art fairs

With a host of identikit international fairs showing works already viewed online and often already sold, is there a point to generating all those air miles?

Brexit woes contribute to slim Old Master sales in London

Nonetheless, buoyed by the Grasset collection, Sotheby's posted its best results in six seasons and Christie's sale was up 26% up on last December

First wooden sculpture by Die Brücke founder Erich Heckel offered at auction goes on sale in Munich for €600,000

It comes to the block alongside another wooden sculpture by Heckel's contemporary Ernst Ludwig Kirchner

London dealer cleared over negligent sale of a Chardin painting

A court has ruled that Simon Dickinson, who advised a British aristocrat to sell an 18th-century French masterpiece for a fraction of what it later sold for, did not deliberately undervalue the painting

Tefaf appoints Bart Drenth as global managing director

The organisation's fourth leader in three years, he will oversee both Maastricht and New York events alongside chairman Hidde van Seggelen

Gerhard Richter, giant of German painting, signs exclusively to David Zwirner gallery

Richter, a native of Dresden, will have his first solo show with the Cologne-born mega-dealer in March 2023