Art market

Slimmer Frieze Los Angeles fair has simmering start on first VIP day

California galleries did swift business in the fair’s opening hours, but dealers reported fewer seven-figure sales than last year

After a surge in Los Angeles galleries, competition for staff heats up

From assistants to senior directors, the city is ripe with opportunity as the local art market continues to mature

Richard Saltoun will open a New York gallery in May

The space’s debut show will be dedicated to Canadian artist Jan Wade, her first solo exhibition in the US

New satellite fair to launch at New York’s Estonian House during Frieze

The new fair, Esther, is being launched by New York’s Margot Samel and Tallinn-based Olga Temnikova

For its fifth edition, Frieze Los Angeles fine-tunes its approach to a flourishing local art scene

The fair continues to foreground local artists and galleries while serving as a global entry point to the southern Californian city

How artist-run gallery The Pit is helping to form a new art district in Los Angeles

The founders are breaking the mould by moving into the Eastside neighbourhood Atwater Village—with others soon to follow

Art marketcomment

Third time may be the charm for India’s budding art trade

Although the sceptics say we have been here before, there are ample reasons to believe India's art economy has entered a new era

Joan Snyder joins Thaddaeus Ropac for Europe and Asia representation

The 83-year-old American abstract painter has been working for six decades

Michael Werner Gallery to open Los Angeles branch in May

The inaugural exhibition will feature the unlikely pairing of works by Markus Lüpertz and Pierre Puvis de Chavannes

Christie's Elton John evening sale proves Wednesday night is alright for buying

The auction nearly matched its $6.4m high estimate before fees, as art brought the money while luxury and memorabilia drove the bidding

UK art market feeling the heat as anti-money laundering legislation ramped up

HMRC has been issuing more regular fines and putting into force intensive checks, making art-related businesses sweat

Untitled Art fair acquired by South Florida luxury lifestyle portfolio

The fair, founded in 2012, is one of the biggest satellite events of Miami Art Week and previously operated a second iteration in San Francisco

Perrotin pulls out of Dubai gallery and ends secondary market collaboration in Paris

The prominent French dealer has ceased his partnership with Tom-David Bastok and Dylan Lessel

Auction of living artist's skin cancelled after collector buys all lots in advance

Christie’s was due to support the sale of Wolfgang Flatz's tattooed tissue

Simon Lee gallery’s £10m debt revealed in insolvency report

Records show the London gallery owes artists more than £1m—while US dealer Stefan Simchowitz demands return of consigned works

Collaborative approach fuels rise of San Francisco’s Friends Indeed gallery

Founder Micki Meng shows that working with like-minded gallerists can be an art trade superpower

Opening day of 1-54 Marrakech fair highlights growing business and even better vibes

Gallery expansions, international attendance and a celebratory mood define the contemporary African art expo’s return to Morocco

Merger of Freeman’s and Hindman auction houses targets upper-middle market growth

Firm formed by auction house pairing announces a New York saleroom and expansion plans abroad

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

Instagram-famous Australian gallerist charged with nine counts of theft

Tove Langridge faces up to five years in prison if convicted in the criminal case

Art Basel reveals 287 galleries participating in its next Swiss fair, including 22 first-time exhibitors

June's event will be the first edition of the world’s most important art fair under the direction of Maike Cruse

Art marketanalysis

Will the art market rebound? That might not be the right question

A resurgence in top-end spending would only reprise the recent status quo

Frieze reveals 68 galleries for its next New York fair

The smallest Frieze fair returns to the Shed in early May

Masterpieces from the Barbier-Mueller African and Oceanic Art collection to be sold at Christie's in Paris

The auction next month will include 100 pieces acquired by Josef Müller and his family

Booksreview

New book sees ‘outsider artists’ as part of a creative spectrum rather than a world apart

The publication also explores how artists on the periphery might interact with the art market

How Mexico City’s art scene and its biggest fair, Zona Maco, have grown over 20 years

The biggest art fair in Latin America is marking a significant milestone while showcasing the booming local scene

Painting made by The Beatles in a Tokyo hotel sells for $1.7m at auction

The Fab Four all painted a corner each of the psychedelic composition

Art marketcomment

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

New York Old Master sales deliver tepid results at Christie's and Sotheby's

Scattered seven-figure highlights failed to make up for dozens of passed lots and multiple key withdrawals