Secondary market works are taking longer to place as art trade faces “a clear readjustment”

With Hauser & Wirth's outpost on Menorca, new Ibiza gallery Can Garita and CAN Art Ibiza fair, the bohemian location is attracting art buyers

Lady with a Fan (1917) was last sold for $11.6m in 1994 and will be offered at Sotheby's in London on 27 June

Amid a market that increasingly worships the young while women and those from the Global South fight for a place at the table, the Basel fair’s policy faces calls for a rethink

Despite fears of a market slowdown, clients were spending at a packed Art Basel

Art sales contracts now often include terms stating when and how you can—or rather, how you cannot—sell a work on

Founder Emmanuel Perrotin will retain a 40% stake in the international contemporary art gallery that he founded in 1990, but Colony IM will provide a capital injection and "corporate infrastructure"

After NFT boom, blockchain technology is increasingly being used to help solve art industry's practical problems

Andreas Rumbler will be tasked with uniting the mega-gallery's Swiss spaces "under a common vision"

Séverine Waelchli is announced as director of the gallery, which will be set in a four-storey neo-classical building near the Champs-Élysées

Basquiat's art market superstardom rose to dizzying new heights in 2021 but auction sales dropped by 50% in 2022

The art market salary report offers insights into salaried employment but the impact of low wages—and having children—in a time of rapid inflation are missing

The high-profile art advisor is liquidating her firm and can no longer afford the “lavish lifestyle” she was accused of in two lawsuits filed against her by a former client

Plus imposing heads by Giacometti

Meanwhile Esther Schipper will stage a show of Korean artists across in Seoul and Berlin this summer, and Thaddaeus Ropac is doubling its gallery space in the South Korean capital

The gallery, which specialises in artists from Africa and the diaspora, was established in 2011, and now moves into the Pollen Estate's development

The brooch once belonged to socialite Rebekah Harkness, the subject of a Taylor Swift song

The auction house's evening sale on 5 June was the most successful in its history

Proposal follows EU directive to align import sales tax among member states, causing alarm in France which currently has the lowest rate

This is the event's first edition since China lifted its Covid restrictions

The London-based gallery is also subject to a Companies House notice to be dissolved, though owner says tax dispute has now been resolved

The auction house expects to move into the Madison Avenue building in 2025, vacating its current York Avenue headquarters

New structure at Art Basel will see separate directors assigned to each show, while Volta Basel is without a leader after Kamiar Maleki’s departure for Photo London

Drenth has also been criticised online by Tefaf managing director Charlotte van Leerdam for speaking about her private battle with breast cancer in the Dutch press

Rediscovered panel painting comes to Christie’s evening sale in London next month with an estimate of £4m-£6m

"The Leopard" star’s collection could bring in as much as €5m at Bonhams in Paris

Victims spent “tens of thousands, if not hundreds of thousands of dollars” on counterfeit art sold by the dealer, according to the US Department of Justice

Specialists at Christie’s and Sotheby’s dismissed concerns about a decline in the Old Masters market

The Canadian auction house also saw strong results from works by members of the Group of Seven and a soaring Warhol print

The rare stater depicting a satyr—a "marvel of speaking portraiture"—was once in the collection of the State Hermitage Museum but was sold to raise money for the Soviet government