Art trade

Comment
Art market

Forget millennials —the art market should be looking at Gen Z

People under the age of 22 account for 40% of consumers

News
European Union

EU adopts new rules on cultural heritage imports

Regulation is designed to protect against smuggling and cut off a source of terrorist financing

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Art Basel in Miami Beach

The tax man cometh: new laws on sales tax pose problems for US art dealers

US Supreme Court decision is causing anxiety among dealers

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Art market

Hard, soft or no-deal: how the UK art market is preparing for Brexit

Costs, paperwork and shipping delays are among gallery concerns, but experts say there are solutions

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Art market

Chinese art and antiquities spared from Trump’s tariffs

Auction houses and art dealers express ‘relief’ even as the US-China trade war escalates

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Obituaries

Josh Roth, Hollywood deal-maker who was the head of UTA's fine arts division, has died, aged 40

His death comes just weeks after the opening of the agency's new gallery in Beverly Hills, designed by the artist Ai Weiwei

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Politics

US dealers move against Trump’s proposed 10% tariff on Chinese art and antiques

Public hearings on the government’s plans are due to be held in Washington, DC in August

Blog
Diary of an art historian

Do not allow art to cleanse crimes

The art world has yet to tackle issues around works like Picasso’s $115m child-prostitute portrait

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Art market

Art dealers slam proposed European Union licence regulations

Revising import controls on cultural goods could impact negatively on trade, dealer organisations say

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Cultural policy

UK permits Nazi-looted Meissen figure to leave for Japan despite spoliation claim

There appear to be no winners in what the Arts Council refers to as an “extremely unusual” case

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Art market

Italy relaxes stringent export laws for post-war art

New legislation eases movement of post-war Italian art out of the country, lifts restrictions on photography in state archives

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Art fairs

Tracey Emin and Lehmann Maupin no longer in bed

Artist and gallery part ways after two decades

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Auctions

Laure de Beauvau-Craon, princess and former chair of Sotheby’s France, has died, aged 74

She fought a centuries-old monopoly of the country’s auction market—and won

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Art trade

Paul Schimmel leaves Hauser & Wirth

The former curator will no longer oversee the Los Angeles mega-gallery

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Art trade

Art consultants Arisohn + Murphy offer pop-up project management

New York firm finds niche helping artists and galleries

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Economics

Stake in $14.7m De Kooning painting among Steven Mnuchin’s assets

Trump’s nominee for treasury secretary listed the work as part of a dynasty trust, federal ethics filings reveal

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Auctions

Christie’s chairman Brett Gorvy leaves auction house to join forces with New York dealer Dominique Lévy

The head of postwar and contemporary art has presided over the category’s explosive growth

News

Yves Bouvier pushes to have New York art consultant’s dealings revealed in US court

In a recent affidavit, Sandy Heller confirms he worked as an art adviser for Dmitry Rybolovlev and could still be questioned about his conversation over Modigliani purchase

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Collectors

Ken Griffin spends reported $500m on two Abstract Expressionist paintings

Billionaire hedge-funder is believed to have bought works by De Kooning and Pollock in one of the biggest private sale in history

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Exhibitions

A trifecta of shows on Felix Gonzalez-Torres to open in London, New York and Milan

Hauser & Wirth, Andrea Rosen and Massimo de Carlo collaborate to host simultaneous exhibitions

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Auctions

Dozens of Sotheby’s staff take buyout option

The voluntary programme will cost the auction house around $40m after shaky sale season

News
Artists

United Talent Agency expands fine arts division

With the appointment of a new creative director, the firm looks to work with more artists and fund ambitious projects

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Auctions

Sotheby's offers voluntary redundancies to cut costs

Chief executive Tad Smith hopes to keep “excellent, less-tenured” staff who want to change the worlds of art, jewellery, cars and wine

News
Auctions

Sotheby’s third-quarter results are a mixed bag

Auction house chief Tad Smith points to positive progress, but firm is still operating at a loss

News
Commercial galleries

Iwan and Manuela Wirth top ArtReview’s Power 100 list

They are only the second dealers to take the number one spot in 14 years

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Call to reform Italy’s export law

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Commercial galleries

Adam Sheffer appointed president of Art Dealers Association of America

The partner at New York gallery Cheim & Read stresses the importance of building relationships with collectors and scholarship

News

Baselitz puts German culture minister in the firing line

Art trade up in arms over implications of draft bill that aims to protect the import and export of cultural property

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Law is vital to protect heritage

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Art fairs

Shanghai art fairs join forces for art week

But city's first international fair, SH Contemporary, isn’t back this year

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Art market

In the Trade, July/August 2015

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Collectors

There is no single, global art market

New book explores some of the myths of the international trade

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Art fairs

Two thirds of galleries at Art Basel are from just four countries

Academic says globalisation has 'hardly had an impact' on the fair

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Design

Top French design dealer to open London space

Patrick Seguin is showing a recreation of a Jean Prouvé house at Design Miami/Basel

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Contemporary art

German dealer looks to the next generation

Bernheimer Contemporary is launching an exhibition space opposite Museum Island in Berlin

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In the Trade, June 2015

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Commercial galleries

On Avenue Matignon, art is no longer in vogue

Luxury boutiques are chasing out the galleries from their Paris addresses

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Art market

In the trade, May 2015

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Commercial galleries

Lower East Side gallery Lu Magnus to close bricks and mortar space

Founder Lauren Scott Miller plans to “go mobile” with her creative programming

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Law

Change in governance at Luxembourg Freeport after Swiss investor’s arrest

Yves Bouvier is reportedly to be replaced by a group of independent directors

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Commercial galleries

Five galleries to close in Singapore's Gillman Barracks

<span style="color: #222222; background-color: #ffffff;">Low footfall and lack of infrastructure blamed for departures in May <br> </span>