Phillips
Phillips's contemporary art auction in New York, hampered by Basquiat flop, brings in slim $44.2m
The night’s total take took a major hit when it was revealed that its second-biggest lot, a Basquiat self-portrait, had failed to sell
Auction houses expect this month's New York sales to bring in as much as $1.6bn
The most valuable lot of the week is a record-breaking Magritte with a third-party guarantee, but the most talked-about is a conceptual still life by Maurizio Cattelan
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
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
Phillips’s evening sale of 20th-century and contemporary art in London comes up short, despite healthy mid-level bidding
The 27-lot sale brought in £10.9m without fees after three works were pulled and another three failed to sell
Cautious but calm art market awaits London’s March auctions
Expectations are measured as sector adapts to new economic landscape
Phillips's selling show of contemporary Indigenous art reflects surge in curatorial interest
Collectors’ enthusiastic response to 'New Terrains' exhibition is latest signal that the market is finally catching up
Phillips auction gives James Rosenquist estate the best of both worlds
Pop artist’s paintings have seven-figure prices, but his prints are available for just a few hundred dollars at New York sale
Phillips chief executive Stephen Brooks steps down after two years
Brooks, who joined the company in 2021, has left for personal reasons
More than 200 works belonging to Lisa Schiff could be sold by Phillips to help repay former adviser's creditors
The auctions, which would happen across 2024 if a court approves the plan, could be followed by sales of around 900 additional works
What did the New York auctions reveal about the state of the art market?
Plus, experimental art from the Eastern Bloc and a sculptural installation by Terry Adkins
Phillips’s $154.6m New York double-header is both just good enough—and historically successful
The house’s two-part auction fell short of the low estimate but still became its second-best showing ever by dollar value
Lines redrawn: how artists and auction houses are shaking things up with new ways of working together
Phillips’s recent private selling exhibition of Damien Hirst works marked 15 years of artists collaborating with auction houses, with or without gallery cooperation
Phillips aims for $70m haul with New York sale of works from the Triton Collection Foundation
A double-sided Fernand Léger estimated between $15m to $20m leads the offering, amassed by a Dutch shipping and oil magnate and his wife
Phillips launches Dropshop, selling newly commissioned works direct from artist to collector
The auction house is pursuing the primary market with the new digital platform, which will sell monthly "drops" of limited editions by artists such as Cj Hendry
Phillips scores $69.5m in New York evening sale, led by Banksy’s take on Basquiat
A painting by Noah Davis reached more than nine times its low estimate after a 12-minute bidding war
Auction houses anticipate $2.2bn from New York spring sales despite cooling market
Demand for ultra contemporary works may have eased but there is little sign of a sales slump, say the New York firms
Phillips unveils new Asia headquarters in Hong Kong, promising investment in local scene after 'difficult' few years
The opening of the 52,000 sq ft Kowloon space kicked off the city's first international art week since Covid restrictions lifted
Works worth more than $20m accounted for nearly half of auction sales in 2022, according to new Sotheby's report
Report also highlights how Asian, Millennial and Gen X buyers are changing the demographic of the market
Phillips reveals launch programme of Asia headquarters in Hong Kong
Works by Yayoi Kusama, Matthew Wong and Loie Hollowell will headline a preview exhibition for its inaugural auctions in March
The donating game: How artists like Tracey Emin are driving philanthropy in the art world
The British artist is among those who have donated millions of pounds’ worth of art to charities—perhaps we could all take a leaf out of her book?
Guarantees, withdrawals and billionaires bidding at their own auction houses: Flagging market gets by with a little help from its friends
Don't be fooled by the higher-than-ever sale figures—the market is softening
Phillips’s $138.7m contemporary art sale in New York reflects ‘a general cautiousness in the market’
The measured result, which slightly surpassed its low estimate and the total take from the same sale last year, was bolstered by a late Cy Twombly that fetched $41.6m
How does the market judge 'juvenile' work by name-brand blue-chip artists? Two early Warhol paintings are about to find out
Offered next week at Phillip's New York, the works were made during Warhol's student days and bear no resemblance to his signature styles
From a restituted Chagall painting to a family portrait by Freud: our pick of the highlights from November's sales
Plus, a bovine Lalanne sculpture and a pair of Chinese vases
Phillips partners with Beijing auction house Yongle for series of joint sales
Joint venture announced amid declining sales figures at Chinese auction house
After a busy auction season, Phillips delivers good, but not ground-breaking, results at its 20th century and contemporary art sale in London
The auction house made £17.5m with a record achieved for British painter Antonia Showering
Frieze Week in New York: mammoth auction sales and a shifting art fair landscape
Plus, the Albers Foundation plans a Senegal space, and a golden Indian manuscript at the British Library
Phillips racks up a record $225m in New York—with Basquiat alone bringing in $85m
Women accounted for nearly half of the lots, led by Yayoi Kusama and her early Infinity Net paining which sold for a record $10.5m
Appeals court sides with Phillips in dispute with Chinese collector over auction of Gerhard Richter fighter jet painting
The decision, the latest (and possibly last) in a legal saga that stretches back to 2015, upholds a 2021 decision in the auction house’s favour