Art market

New gallery platform South South launches to promote art from outside the dominant US-Europe axis

Goodman Gallery's Liza Essers came up with the idea in lockdown and plans an online selling event, called Veza, using auction technology in February

Art marketanalysis

'One of the most shocking, tumultuous years on record': art market figures reflect on 2020—and guess at what 2021 might hold

The pandemic has ripped apart the industry as we know it this year but it has sparked innovation and conversation like never before

Art marketanalysis

Art market 2020: the year of cancel culture and bricks-and-clicks

A year marked by wholesale event cancellations and job losses has also seen the art market innovate to keep businesses going.

The turn of the screw: will tighter regulations impact the art market?

Often described as totally unregulated, the art trade is facing more stringent rules

'The law has to fall on someone': Seller of allegedly fake Frans Hals must pay Sotheby's $5.4m for cancelled sale, judge insists

London Court of Appeal upholds the auction house's defence in forgery case, rejecting appeal by investment company Fairlight Art Ventures

Art marketanalysis

All ears: why collectors can’t get enough of industry hype right now

In an increasingly asset-driven art trade, collecting by listening to the buzz is fast becoming the norm

Salon fair releases glossy, digitally enhanced publication instead of another online viewing platform

The New York art and design event has issued a 152-page magazine with interviews, features and QR codes that link to multi-media content

Colourist painter and Royal Academician Philip Sutton opens new gallery—at the age of 92

Artist—who is now blind in one eye and lives in a sheltered care home—is launching a space in Bridport, England, to sell his own works

'A crisis is always a good time to unite': Russian art galleries form new alliance to boost industry

The Association of Galleries aims to simplify the country's customs procedures and secure government funding

Auctions, pledges and DMs: creative ways to buy and sell art on Instagram

Alternative sales models are springing up on the social media platform

Carphone Warehouse billionaire David Ross did buy the Royal Opera House's $12.8m Hockney—now he is loaning it back

The portrait of David Webster will return immediately to the opera house before going to the National Portrait Gallery in 2023 for its reopening exhibition

Billionaire art collector Sheldon Solow's tax-exempt art foundation was infamously inaccessible—now his widow says she will open it to the public

The real estate developer died on Tuesday aged 92. His collection in New York has been parodied for being almost impossible to visit despite receiving tax breaks

Rediscovered painting by Leonardo da Vinci's 'little devil' lover and collaborator sells for record €1.7m in France

Penitent Magdalene by Salaì, who entered Leonardo's workshop at the age of ten, was estimated at €100,000 to €150,000 and is one of only a handful of known works by the artist

Pace to take over Blain Southern's former gallery in London expansion

Announcement comes as two of the gallery's presidents in the US are facing allegations of abuse in the workplace

'Pastures new: why some top gallery staff are moving on from longtime jobs'

Without art fairs and hectic travel, the pandemic has transformed the way most of us work—and some are branching out rather than returning to their old lifestyle

Actor Samuel L. Jackson and footballer Samuel Eto’o pay tribute to art collector Sindika Dokolo during six-hour televised memorial

Dokolo was buried at Brompton Cemetery in West London yesterday following his funeral at Westminster Cathedral

Anny Shaw. with additional reporting by Gareth Harris
Art marketanalysis

Africa’s art market grows even amid adversity

In a year marked by closures, cancellations and postponements, African art fairs are going ahead with new models and the continent’s galleries are growing

Frieze Los Angeles bids goodbye to Paramount Studios as art fair is postponed to July

Social distancing rules have limited the number of people on film sets creating a movie production backlog

Art Basel in Hong Kong postponed to May as coronavirus throws 2021 art fairs into disarray

Summer crush expected with Art Basel’s flagship show in Switzerland still scheduled for June and Taipei Dangdai moved back to July

Seller contests having to repay Sotheby’s for allegedly forged Frans Hals

In latest hearing of ongoing legal saga, Fairlight Art Ventures, co-vendor of painting sold in 2011 for $10.75m, is refusing to pay auction house more than $5.3m

Constable oil sketch—previously dismissed as fake—goes on sale for £150,000

Sworder's auction house is selling the work, which is one of many by the Romantic painter depicting the area around Dedham Vale where he grew up

Art fairsanalysis

'Dealers are smiling under their masks': Shanghai art week pulls in art-starved collectors

More than 100 art exhibitions and events have taken place in the Chinese city this week and galleries are reporting strong sales

Frieze art fairs global director Victoria Siddall takes ‘strategic’ role as board director

Frieze magazine publisher Rebecca Ann Siegel appointed director of Americas and content and will oversee the New York and Los Angeles fairs

Collection of Balthus drawings and paintings to be sold for €1.2m—so why no mention of his infatuation with pubescent girls?

The works are from the estate of the artist’s teenage “muse and model” Frédérique Tison, who was also his step-niece

Unesco, stop citing 'bogus' $10bn figure, art trade pleads

Ahead of a major anniversary this weekend, the international organisation is under fire for apparently exaggerating the scale of the illicit trade in cultural goods

The devil is in the paperwork—don't be caught out by provenance fraud

The rise of the online art market means due diligence on purchasing art is becoming increasingly complex

All eyes on Shanghai as city hosts multiple fairs despite first coronavirus case in months

New Art Tower will be hub of a busy art week alongside Art021 and West Bund Art & Design Fair

New York state sues Sotheby's for allegedly helping collector evade tax on $27m of art

Auction house "vigorously refutes the unfounded allegations" made by the attorney general, who claims the auction house knowingly aided the offshore company Porsal Equities

Diaryblog

Rent a sculpture from this London gallery for lockdown 2.0

While its gallery is closed, Pangolin is offering works by artists including Lynn Chadwick to UK clients to take home until January

What the presidential election means for the US art market—no matter who is in the Oval Office

A dwindling middle market faces a stingy Senate while rising inequality and public unrest could prompt even more private sales