Art market

Lawren Harris leads the way in Heffel’s all-Canadian marquee spring auctions in Toronto

Works by Group of Seven members Franklin Carmichael and Arthur Lismer, plus Emily Carr, topped the Canadian auction house’s two-part evening sale

Football great Lionel Messi chooses favourite goal for Refik Anadol to transform into an AI portrait for charity

Anadol will reimagine the Argentine megastar’s famous 2009 header as a data sculpture which will be sold at Christie’s

Untitled Art reveals exhibitors for inaugural Houston fair

The organisers said “an overwhelming response” encouraged them to grow the number of stands beyond their initial plans

Art marketanalysis

Sotheby’s $51.8m Saunders collection falls short, but still breaks Old Masters record

The sale achieved a 62% sell through rate and made new auction records for Luis Meléndez and Frans Post

Art fairsanalysis

European art weeks join forces for new ‘spider network’

Collaboration between the leading festivals aims to beef up the ecosystem and raise their profile

Aboriginal art returns to Sotheby’s New York two years after pioneering dealer Tim Klingender's death

The auction house holds its first dedicated sale of Indigenous Australian art since the passing of Klingender, who was instrumental in developing the market for this category

Mary Tyler Moore’s art collection heads to auction

The actor’s character on "The Mary Tyler Moore Show" was unprecedented for a woman on primetime television

Top Phillips rainmakers Cheyenne Westphal and Jean-Paul Engelen to leave auction house

Westphal is to set up her own business working directly with collectors and artists while Engelen will join Aquavella Galleries

Comment | When it comes to tariffs, here's why the art market should be grateful to a long-retired US congressman

A 1988 amendment to the International Emergency Economic Powers Act, secured by Howard Berman, could stop art imports being hit by Trump's tariff hike

Art marketanalysis

Tentatively, Photo London's tenth edition moves away from traditional content and crowds

New fair director Sophie Parker's plan to “reward galleries that take risks” was seen in action

Philippa Kelly. With additional reporting by Mairi Alice Dun

‘Halo effect’ of powerful art dealers’ collections boosts Sotheby’s sale

Works from the estate of Barbara Gladstone and the home of Daniella Luxembourg—plus a litter of Lichtensteins—energised 15 May marquee auction of post-war and contemporary art

Art marketfeature

‘A new lease of life’: London’s Annely Juda Fine Art looks to the future with Mayfair move

The gallery plans to take on more young and emerging artists as David Juda hands the baton to the next generation

Marlene Dumas’s $13.6m semi-nude breaks auction record for a living female artist

Women rescued Christie’s otherwise quiet 21st century evening sale in New York, which also set a new auction high-water mark for Simone Leigh

Despite record-breaking results for four women artists, Phillips’s evening auction in New York sparks few fireworks

The auction brought in a hammer total of $44.2m, just below Phillips’s low estimate for the night and exactly in line with last November’s equivalent sale

$70m Giacometti bombs at patchy Sotheby’s Modern art auction

The prize lot, a bust depicting the artist’s brother Diego, failed to attract bidders during the $186.4m sale

Justin Sun and David Geffen's legal feud over $78m Giacometti sculpture expands

In a countersuit stand-off, the two parties are broadening the scope of their allegations beyond the disputed sculpture

Crime news

British MP Patrick Spencer charged with sexual assaults at London art world haunt The Groucho Club

The Metropolitan Police say the charges are unrelated to accusations of a “serious criminal offence” that resulted in the club having its licence suspended in November

Why is the art market turning Gulf-wards?

As China’s market drops, auction houses and dealers have been following the money to Saudi Arabia

For its 10th edition Photo London aims to look beyond the notorious ‘Kate Moss Index’

Opening later this week with new leadership, the photography fair is determined to move away from the clichés of supermodels, artful murmurations of birds and majestic beasts

Record-breaking female Surrealists spice up underwhelming Christie’s New York sales

Last night’s low-risk, low energy auctions made $489m in total, including $272m for the collection of Barnes & Noble founder Leonard Riggio, along with new records for Dorothea Tanning and Remedios Varo

Art marketanalysis

The Waverley rules were designed to protect UK cultural heritage—are they having unintended consequences on the art market?

The scheme, introduced in the 1950s, is meant to help keep important works of art in Britain

Sarah Barker, Angharad Start and Victor Steinmetz

Why dealers play the waiting game before exhibiting a newly signed artist

Michael Armitage, for example, had his first show at David Zwirner three years after being signed to the gallery

New documentary bringing Metro Pictures gallery to the screen

Film-maker Sophie Chahinian explores revered Manhattan gallery founded by Janelle Reiring and Helene Winer

Buzz in New York’s art trade during Frieze week masks uncertainties

Dealers and advisers at this week’s fairs expressed optimism, despite concerns about the wider socio-economic situation

Art marketfeature

Marquee May auctions in New York come at a volatile moment

As tariffs and stock-market fluctuations unsettle consignments for the spring sales, the trade awaits signs of what to expect in the next four years

Could 17th-century Italy provide a useful model for today’s challenging art market?

An exhibition in New York spotlights an intriguing episode in trade history , in which an influx of foreign artists to Rome prompted everyone from barbers to lawyers in the city to develop side hustles as art dealers

Frieze VIP day defined by dealers’ resilience

A strong influx from Asia, plus stands devoted to smaller works by emerging artists, got the fair off to a smashing start despite economic headwinds

New Manhattan gallery slips into historic property

The founders of Slip House have taken over a historical building where they will showcase an intergenerational programme and host an artist residency

Five years on from bankruptcy, Unseen photo fair returns to Amsterdam

Acquired by Art Rotterdam in 2020, Unseen's new director says transparency and consistency have been key to rebuilding the fair