Art market

Canadanews

Canada moves toward adopting artist's resale rights law

The move would be especially significant for First Nations artists, who make up an enormous share of Canada’s art market but rarely earn more than subsistence income from sales

'A logistical nightmare': how deteriorating India-Pakistan relations affect the South Asian art trade

From smuggled paintings to cancelled visas, the heads of the subcontinent's fairs, biennials and galleries weigh in on the ramifications of the contested border

Hauser & Wirth couple buy up Groucho private club in London—complete with 150-strong art collection

Works by Peter Blake, Gavin Turk and Tracey Emin are dotted around the Dean Street premises

Chasing a booming East Asian art market, shipping company Crozier expands in Hong Kong

Organisation's chief still sees Hong Kong as "primary gateway to region" despite Beijing crackdown causing jitters for businesses

Art marketanalysis

Influencers and antiques? How a new generation is transforming the market

In a post-Covid world, tech-savvy collectors continue to disrupt the old model of in-person trading

Expo Chicago picks Americas Society and Macba curators to organise fair's special sections in 2023

Museu d'art contemporani de Barcelona curator Claudia Segura and Americas Society director Aimé Iglesias Lukin will oversee the fair’s large-scale art and emerging gallery programmes, respectively

First edition of Design Miami Paris fair postponed after police cite ‘security problems’ with venue

The event was to be held at the Place de la Concorde in October to coincide with the inaugural Paris+ par Art Basel

Leading Indian gallery Experimenter expands from Kolkata to Mumbai

It will move into a building currently occupied by Galerie Mirchandani + Steinruecke in the country's largest city and financial capital

Billionaire battle rages on as Geneva court overturns dismissal of Dmitry Rybolovev's fraud case against art dealer Yves Bouvier

Rybolovlev is accusing Bouvier of having swindled €1.1bn from him through the €2bn sales of 38 works of art from 2003 to 2014

Art marketanalysis

Paula Rego’s influence will live on—here's why her market will too

Long undervalued, especially at auction, her works are now appealing to a wider base of collectors and prices are set to rise accordingly

A replica of a replica: Sturtevant's version of Claes Oldenburg's The Store to be restaged in London

Thaddaeus Ropac gallery will recreate a 1967 work by the American artist Sturtevant, which near-copied Oldenburg's 1961 installation as a comment on authorship and originality

Art marketcomment

Recession is likely—and the art market is not immune

It might take a little longer in our world for the bad news to feed through, but feed through it will

Crypto crash or burn? Damien Hirst to set his paintings on fire for NFT project

Artist will destroy thousands of his works at Newport Street Gallery in London this autumn

China’s zero Covid restrictions have had significant impact on country’s commercial art scene

New report reveals that 77% of galleries had lower sales this year compared to last, while several art fairs were cancelled

The Armory Show to examine conflict and debate around public monuments

The 2022 edition of the New York fair will feature a section of large-scale installations organised by the Tate curator Tobias Ostrander

Frieze announces galleries for London fair in October and doubles down on city's 'global reach' post-Brexit

Amid rising interest rates and continued supply chain havoc, the UK's premier contemporary art fair resolves to celebrate the capital's position as an "international centre"

Chelsea Calling: this summer’s group shows remind the reign of gallery district

Blue chip galleries in New York’s original art district have put on their best shows with ambitious checklists and pairings

Sri Lankan activist art by Chandraguptha Thenuwara to be shown at Frieze London

Works on paper reflect deepening political and economic crisis in Sri Lanka

Why are NFT platforms opening up physical gallery spaces?

SuperRare, Superchief Gallery NFT, Bright Moments and Quantum Art have all opened galleries in the US over the past year

Art marketanalysis

Boutique fair Artmonte-carlo promises strong sales and deep-pocketed local buyers as French Riviera's art scene heats up

The fair's sixth edition invited just 37 galleries to take part—but wealthy patrons and residents of the Mediterranean tax haven say they prefer the intimate size

Indigenous Canadian artists pressure government to curtail sales of counterfeit First Nations art

Imports of artworks manufactured abroad to replicate Indigenous Canadian styles are not currently regulated

Perrotin and Pace galleries announce Seoul expansions—while other Western dealers test Korean waters via group show

With the inaugural Frieze Seoul opening in September, more international gallerists are staking a claim in the city's rapidly expanding scene

'This market will not turn quickly': Christie's, confident amid fears of a coming recession, reports $4.1bn in sales in the first half of 2022

The auction house’s quick reaction to the Covid-19 pandemic has positioned it well to survive any approaching economic headwinds, executives claim

A new documentary tracks the ups and downs of ‘making it’ in the contemporary art world

Kelcey Edwards’s documentary delves into some of the open secrets underpinning today’s art world

Black Napoleon and smooching sailors: Amy Sherald tells us about her first European solo show opening in London

The exhibition at Hauser & Wirth will coincide with Frieze London and present new works subverting the Western art historical canon

Art marketanalysis

Auction houses say the art market is booming. But what lurks beneath these shiny numbers?

Despite what hyperbolic marketing might suggest, sales of 20th-century titans are failing to reach expected price points

Auctionsanalysis

Digging deep for Old Master treasures: mixed results at London sales as dearth of 'good material' continues

Christie's made a perky £28.1m while Sotheby's raised only £7.1m—a dramatic drop from pre-pandemic totals

Korea International Art Fair reveals 164 galleries for its 21st edition

Korea’s longest-running art fair will feature more than 100 Korean galleries and run concurrently with its satellite fair, Kiaf Plus, and the first edition of Frieze Seoul