Art market
Here's what galleries will bring to The Armory Show's 30th-anniversary edition
New York's largest art fair is welcoming both a new director and a new floor plan
$1.2m Picasso drawing purchased with allegedly misappropriated funds recovered by US officials
The work on paper, purchased at Christie’s New York in 2014, was allegedly paid for with money embezzled from Malaysia’s 1MDB sovereign investment fund
As collectors’ tastes for ornate interiors ebbs, challenges to the trade rise
The popularity of the ‘less is more’ look is putting art and antiques dealers under pressure
Billionaire collector Ken Griffin buys Stegosaurus skeleton for record $45m at Sotheby’s
This is the most valuable fossil to ever sell at auction, as the market for dinosaur bones continues to climb
Photofairs to launch Hong Kong edition in 2025
The fair dedicated to lens-based and digital art will be led by the director of the Shanghai edition, Fan Ni
Christie’s first half auction sales decline 22% year-on-year, to $2.1bn
But consistent strength in its sell-through rate and Asia Pacific buyer base show the auction house's ‘resilience’ amid obstacles
Can co-opting celebrities, luxury and fossils power up the art business?
The rich are still looking to buy art, but they want it buttressed by personalities and entertainment
Paris Gallery Weekend marks a decade of progress
Event’s tenth-anniversary edition celebrated resilience of city’s art trade
What will the UK's new Labour government mean for the art trade?
From the end of tax breaks on overseas income to new anti-money laundering laws, experts weigh in on what we can expect from the change
Marian Goodman Gallery sets opening date and programme for new Tribeca flagship
The 30,000 sq. ft space will debut on 26 October with a group show featuring works by nearly 50 artists
Vitrine gallery closes after 14 years, citing economic pressures and political climate
The gallery has spaces in London and Basel and represents artists including Charlie Godet Thomas and Nicole Bachmann
Under a new director, Art Basel Miami Beach rolls out smaller stands to attract emerging galleries
The Florida fair's 2024 edition, its first led by Bridget Finn, will feature 283 galleries and an increased Latin American presence
Kyla McMillan is The Armory Show’s new director
McMillan joins as the New York City fair, which was acquired by Frieze last summer, prepares for its 30th anniversary edition in September
A new art fair will arrive in the Berkshires in 2025
The Arrival Art Fair will hold its inaugural edition in June 2025 at Tourists, the popular hotel in North Adams, Massachusetts
San Francisco dealer Rebecca Camacho expands downtown footprint
Camacho says her new space in Jackson Square is further proof that art “plants the seeds for regrowth” in San Francisco’s core
Megan Mulrooney, a former director at Nino Mier, will open her own gallery in his old Los Angeles space
A native of Los Angeles, Mulrooney aims to highlight emerging and mid-career artists at her eponymous gallery
Muted Old Master evening sales in London provide relative bargains but no fireworks
Slim auctions at Christie's and Sotheby's saw a rediscovered Quentin Metsys and a modestly priced Botticelli come to the block
UK general election has art trade on tenterhooks
The almost certain Labour victory could have major impact on art buyers, who were restrained during the summer season
Renaissance masterpiece attributed to Quentin Metsys bought by the Getty for £10.6m
The painting previously sold at Christie’s for £254,500
Jordaens painting to be sold after settlement with heirs of Jewish bank shareholders
The work, to be auctioned at Sotheby’s today, was one of more than 2,500 held as collateral and sold, shortly before the Nazi invasion, by the Dutch bank Lisser & Rosenkranz
Austin gallerists boosting local art scene with joint collectors’ circle
Austin gallerists boosting local art scene with joint collectors’ circle
Weakened yen presents mixed opportunities for second Tokyo Gendai
This month 70 galleries will gather at Pacifico Yokohama, hoping to access Japan’s “incredible domestic wealth”
'A little masterpiece': Titian's youthful canvas of 'The Rest on the Flight into Egypt', goes for auction at Christie's
The Venetian master's exquisite early depiction of the Holy Family, once recovered in a bag at a bus-stop seven years after being stolen from Longleat House, is estimated to fetch £15m-£25m in London sale
Sotheby's shakes up senior level staff in Asia and Europe
Elaine Holt has been appointed as the deputy chair of Sotheby's Asia, while six other specialists across locations have received title changes
Sotheby’s Modern and contemporary sale in London nets a tepid £83.6m and prompts question—is the summer auction season over?
Bright spots in the heavily guaranteed auction included a £15m Basquiat and competition for the collection of Ralph I. Goldenberg
Mitchell-Innes & Nash will close Chelsea gallery and shift business model
The longtime New York dealers will transition to a “project-based advisory” programme
Sotheby’s Paris will relocate to new space in historic former gallery
The new location at 83 Rue du Faubourg Saint-Honoré will offer 30% more exhibition space
Next up for former Warhol Museum director Patrick Moore: South by Southwest London
Moore will advise on the forthcoming, arts-centric edition of the festival in his new role as culture lead of private equity firm Panarae
Comic Art Festival offers alternative to trade fair model
Pricier to attend than prestigious fairs such as Art Basel, and with a cap on visitor numbers, the event at Lake Como in Italy highlights a lucrative market niche
How the photography trade is lifting as the medium’s stigma fades
Sales volumes have hit a record high, with art at lower price levels particularly popular