Art market

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

Expo Chicago’s first outing under Frieze draws bustling crowds and engaged buyers

The art publishing and presenting titan implemented layout changes to buoy smaller galleries

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

The Week in Art podcast | Marlborough Gallery closes, Rose B. Simpson in New York, Caravaggio’s final painting

Looking back at the history of the pioneering dealership in post-war art, plus a thought-provoking new installation in Madison Square Park and Caravaggio's The Martyrdom of Saint Ursula

Diaryblog

Proud mum Madonna drops in on son Rocco’s Miami show

His "Pack a Punch" paintings are inspired by Thai boxers

Leaders of Expo Chicago and the Museum of Contemporary Art on the Chicago art scene's unique vitality

Tony Karman and Madeleine Grynsztejn discuss the local ecosystem for artists, the importance of collector education and how they support dealers

Hong Kong edition of Art021 fair to launch this year

The new event is supported by the public Mega Ace Fund, which subsidises large cultural projects in the Special Administrative Region

Christie’s withdraws four ancient Greek vases amid concerns about their provenance and connection to disgraced antiquities dealers

The vases, which were estimated to sell for as much as $71,000, were pulled from a sale in New York this week

Gavin Brown donates gallery archive to Bard College

Bard's Center for Curatorial Studies will receive artist files, catalogues and more from the more than 25 years the dealer operated Gavin Brown's Enterprise

Art marketcomment

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

Lehmann Maupin to debut latest seasonal space in Milan

Pop-up space syncs with spring events, furthering city’s growth as an art hub

Max Levai, former president of soon closing Marlborough Gallery, brings Frank Auerbach exhibition to Venice

The dealer will show 12 works by the German-British painter spanning 50 years of his career

Expo Chicago aims to retain identity under new ownership

As Frieze, which bought the Windy City’s fair last year, promises refinement, not reinvention, the first step sees special sections taking on more central positions at the city’s Navy Pier

Authenticity of Tarsila do Amaral painting shown at SP-Arte called into question

A leading Brazilian auctioneer claims that the painting, which was offered for $3.2m in a private viewing during the fair, is a forgery

Early sales at the Dallas Art Fair prove even a solar eclipse can't overshadow Texas's hot market

As demand for art in Dallas and the rest of Texas heats up, dealers are eager to get a foothold in the Lone Star State—including at the new-ish Dallas Invitational satellite fair

Auction of 1,400 African art pieces halted by last-minute bankruptcy filing

The court-ordered sale of objects that had been stored for years at the expense of taxpayers in Houston was called off the night before

Art Market Eye | Can Inigo Philbrick return to the art market?

The convicted art dealer is out of jail—and likely to return to the trade

Dallas collectors Howard and Cindy Rachofsky to auction Lucio Fontana canvas for between $20m to $30m

Punctured work is being offered at Sotheby’s New York after 20 years—and could fetch a record for the Italian post-war artist

SP-Arte’s 20th edition puts the focus on Latin America

While earlier editions saw more global participation, South America’s biggest art fair has become a regional showcase and a more inclusive reflection of Brazilian contemporary art

Post-war art titan Marlborough Gallery to close after 80 years in business

The firm is winding down its operations globally and will sell off an estimated $250m of art

Art marketanalysis

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

Booksreview

The story of a newbie who took on the New York art world—then left it all behind

As a protégé of the international dealer Carla Panicali from 1989 to 1992, David Guenther took a crash course in the business of art. But his account of this heady time is ultimately unsatisfying

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

French authorities seize Russian avant-garde paintings believed stolen

The haul includes works purportedly by Wassily Kandinsky, Kazimir Malevich and Natalia Goncharova

Dallas Art Fair expansion reflects the city's growing art market

The fair, along with its satellite event the Dallas Invitational, testify to the importance of the local collector base, dealers say

Art marketanalysis

The Gray Market | Why contemporary dealers and collectors are monitoring an antitrust lawsuit over Birkin bags

Hermès's alleged sale strategy for the in-demand bags parallels dealers' waiting list policies, but legal experts are sceptical of the lawsuit's merits

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

Asia Week New York brings in more than $100m in sales, a 24% drop from 2023

The 15th edition of the event, which spans auction sales and gallery exhibitions, was impacted by slowdown in China’s economy

Carlie Porterfield. With additional reporting by Kabir Jhala