Auction houses
Painting by AI robot Ai-Da could bring more than $120,000 at Sotheby's
The robotic brainchild of British gallerist Aidan Meller will make her auction debut on Halloween
Large Ed Ruscha gas station painting could bring more than $50m at Christie's after star turns at Lacma and MoMA
The 1964 painting was a prominent feature in the artist’s recent travelling retrospective
Amid cutbacks, big art market players are still chasing growth
Mega-dealers and auction houses are shrinking some areas while expanding others
'A statement in difficult times': Christie's opens new Hong Kong headquarters
The auction house will hold its first live evening sale in the new Zaha Hadid Architects-designed Henderson Building today
Late Freud nude to make auction debut in London with £10m-£15m estimate
Ria, Naked Portrait (2006-07) depicts an art handler who approached the artist, then in his 80s, to pose for the painting
Magritte painting could bring more than $95m at Christie's marquee New York sales this autumn
If it goes for the auction house's estimate, "L'empire des lumières" (1954), from the collection of late interior designer Mica Ertegun, would set an auction record for the Surrealist artist
Christie's will become first global auction house to operate in Saudi Arabia
With the announcement of Riyadh-based managing director Nour Kelani, the firm hopes to deepen ties with the Kingdom's collectors and ambitious cultural projects
Christie’s to acquire classic car auction house
Gooding & Company was founded in 2003 by a former Christie’s director
Bonhams will move New York headquarters to historic site on Billionaires' Row
The auction house is expected to relocate its New York operation to 57th Street by the end of 2025
Sotheby’s core earnings down by 88%, according to Financial Times report
A document sent to investors, and seen by the newspaper, ahead of investment from Abu Dhabi’s wealth fund also reveals a 25% drop in auction sales
Abu Dhabi's sovereign wealth fund to acquire minority stake in Sotheby's
Patrick Drahi will remain auction house's majority shareholder in $1bn deal, as ADQ buys shares to "reduce leverage" and support "growth and innovation"
Bonhams appoints former luxury goods head as global chief executive
Chabi Nouri, who previously led the watch and jewellery company Piaget, replaces Bruno Vinciguerra
Christie’s reportedly planning layoffs
Rival Sotheby’s recently entered a consultation period ahead of redundancies
Christie's hit with class action lawsuit over exposure of clients' personal data in cyberattack
The complaint, filed on 3 June by a Dallas-based customer, is the latest problem for the auction house following a major cyberattack
Sotheby’s to lay off dozens of employees in UK with further cuts planned in other locations
Auction house is in “consultation period” ahead of redundancies, sources say
Hackers claim responsibility for Christie's cyberattack and threaten to release client data
The group RansomHub say they are behind the attack that took down the auction house's website earlier this month
Brooke Lampley leaves Sotheby’s to join Gagosian in latest high-profile auction departure
The auction house's global chairman will leave at the end of the month
Bonhams executive Alex Fortescue has died aged 55
His death was confirmed by Epiris, the private equity firm that owns the auction house
African art market confronts economic turbulence on the continent
Despite currency collapse of Nigeria's naira and a weakened South African rand, the category performed better than the overall market
Phillips's evening auction in New York notches $72.3m, buoyed by two fresh Basquiat paintings
The sale's hammer total fell short of its estimate, but also represented an increase of 24% over the equivalent auction in 2023
Christie’s website brought down by hackers days before marquee spring auctions
The auction giant’s web address currently redirects to a placeholder page where telephone numbers for its various offices are listed
Haystack painting by Claude Monet could sell for more than $30m at Sotheby’s New York
Sotheby’s will sell a rare Monet haystack five years after a similar work broke the artist’s record at auction
Vivienne Westwood’s personal wardrobe goes under the hammer—with a nod to Keith Haring
More than 200 items spanning 40 years will be sold with part of the sale proceeds going to charity
South African auction house edges into London market
Strauss & Co’s pop-up selling exhibition of works by Alexis Preller shows commitment to highlighting Africa’s more “neglected” artists abroad
Basquiat stretcher-bar painting could reach $30m during New York spring auctions
“The Italian Version of Popeye has no Pork in his Diet”, last publicly displayed in 2007, will be offered by Christie’s during its May sales
New initiative between Art Money and Christie’s will allow collectors to bid at auction and pay over time in instalments
Bidders will be able to pay for art over ten months instead of all at once
Leadership shuffles show auction houses and mega-galleries rethinking the trade
In a stubbornly stagnant market, the big players are searching for new ideas that will bring sustained growth
Sotheby’s new fee structure is a highwire act of risk and reward
Auction house’s bold changes that favour buyers could bolster profits—or they could backfire
Trio of Basquiat paintings could bring more than $86m at Phillips in May
The largest painting in the group, "Untitled (ELMAR)" (1982), will be offered during the marquee spring sales in New York with a $40m to $60m estimate
Monet painting jointly owned by Nelson-Atkins Museum and donor’s descendents will be sold at auction
The museum's share of proceeds—estimated at up to $25m by Christie's—will go toward establishing an endowment fund for new acquisitions