Art market

Operators of New York auction house charged with illegal sales of ivory and rhino horn artefacts

The Manhattan District Attorney's Office has charged the owners of Merces Gallery with selling prohibited animal products online

Leading New York gallerist Barbara Gladstone has died, aged 89

The dealer, who died in Paris “after a brief illness”, represented many of the most ambitious contemporary artists of the past half-century

Gagosian’s chief operating officer Andrew Fabricant leaves gallery

Fabricant’s wife Laura Paulson, a former Christie's rainmaker who helped launch Gagosian Art Advisory, has also left

The Week in Art podcast | Art Basel: fireworks and nuance, Lynn Barber on her artist interviews, Guillaume Lethière at the Clark

We find out what this year's fair says about the state of the art market. Plus, the veteran journalist Lynn Barber tells us about her encounters with artists and we discover a forgotten master of Neo-Classical art

A bucolic Basel Social Club adds a new layer to the art fair model

Freewheeling art project has moved to a farm, while Art Basel repositions for a new generation of collectors

Artist who created Queen Elizabeth II portrait on Canadian coins sues dealer over stolen and damaged works

Susanna Blunt alleges the dealer Benjamin Lumb promised to compensate her for a stolen piece and knocked over several works in a “domino effect”

Big ticket sales at Art Basel mask a nuanced market moment

Insiders say that today’s market is “hard to describe, very hard to decipher”

Art Basel shrugs off ‘doom-porn’ talk with blockbuster first day of sales

VIPs prove that they came to town to buy, not just to “eat the sausage in the courtyard”

Photofairs' New York fair is cancelled until ‘market conditions improve’

The fair debuted in 2023 on the same dates and in the same building as The Armory Show

Art marketanalysis

Does the De la Cruz collection sale mark the end of an era?

Reduced value, mixed results dent idea of contemporary art as investable asset

Art Basel’s new director has her eye on ‘generational transformation’ of the fair

Venerable brand looks to refresh its image with late-night venue and revamp of outdoor Parcours section

Manhattan dealers feud over client contacts

The founder of Tribeca’s 1969 Gallery claims a former employee has been contacting the gallery’s clients for his own business

Curator files explosive lawsuit against Robilant + Voena gallery alleging toxic workplace and other violations

Virginia Brilliant accuses the dealers of "repeatedly, regularly and constantly making misogynistic, antisemitic, racist and homophobic comments" and more

Art Market Eye | Who’s afraid of the big bad cyberwolf?

Christie’s was hit by ransomware hackers—and now by a class action suit

German medieval altarpiece wings that remained in one family for 500 years to be auctioned at Sotheby’s

The portraits painted by Bartholomäus Zeitblom carry an estimate of £400,000-£600,000

Christie’s reportedly planning layoffs

Rival Sotheby’s recently entered a consultation period ahead of redundancies

The Armory Show lines up 235 galleries for 30th edition, including 55 first-time exhibitors

The fair, now in its second iteration since being acquired by Frieze, remains New York's largest

Young London commercial gallery swaps spaces with Newcastle non-profit for one month

Pipeline and Slugtown will show each others’ artists this summer in the hopes of promoting "cross-regional artistic collaborations" in England

Germany slashes VAT on art sales to 7%

The reduction, which comes into effect next year, meets long-standing demands from German dealers

Beijinganalysis

At Gallery Weekend, Beijing's art scene is better co-ordinated but losing its character

The event's eight edition was held as artist villages are demolished and cultural figures flee the city

Italy clamps down on company guaranteeing art investment returns

Art Invest Srl claims it will sell paintings and buy them back for a 6.8% value increase over 18 months

Christie's hit with class action lawsuit over exposure of clients' personal data in cyberattack

The complaint, filed on 3 June by a Dallas-based customer, is the latest problem for the auction house following a major cyberattack

Art marketanalysis

‘Investment galleries’ that pitch art as a safe haven gain ground in the UK

But can the notoriously fickle art market ever be considered a sure bet?

UK General Election | ‘End the culture of culture washing': art world figures express hopes and fears for the forthcoming vote

We spoke to cultural historians, former ministers and museum directors about the changes they hope to see for the culture sector—and crucially, who they will vote for

Art fairspreview

In London, a fair without dealers where artists pocket the whole profit

The Artists' Fair at Somerset House aims to provide new selling routes and "celebrate community"

Lely portraits owned by bankrupt collector James Stunt flop at auction

Works by the painter, owned by the controversial "playboy" socialite, were offered at Christie's New York this month

More than 600 artefacts worth a total of €60m are repatriated to Italy from the US

Italian authorities are using artificial intelligence to identify works of art up for sale that may have been stolen or trafficked

Sotheby’s to lay off dozens of employees in UK with further cuts planned in other locations

Auction house is in “consultation period” ahead of redundancies, sources say

London Gallery Weekend 2024: the best shows for photography fans

Through sculpture, algorithms and alternative gazes, the medium is reimagined at this year's edition of the city-wide event