Art market
After two years of tremendous growth, France's art auction market is in decline
Overall auction results are strong—largely thanks to rise of second hand car purchases—but sales of fine art and antiques have fallen significantly from last year
Christie’s marathon evening sales in London make a within-estimate £163m
The 20th/21st century and Art of the Surreal auctions were up 18.5% by value on their March 2023 versions
Phillips’s evening sale of 20th-century and contemporary art in London comes up short, despite healthy mid-level bidding
The 27-lot sale brought in £10.9m without fees after three works were pulled and another three failed to sell
Tefaf’s new Focus stands aim to be more than just another ‘special’ section
Made up of ten main fair exhibitors doing double duty, the section offers the space to experiment.
Sotheby’s Modern and contemporary evening sale in London makes 40% less than last year
The auction house made £82m before fees and set records for Etel Adnan and Takako Yamaguchi
Paris court finds billionaire dealer Guy Wildenstein guilty of tax fraud
He has received a four year prison sentence and been fined €1m for concealing from authorities a massive art collection to avoid paying inheritance tax
Cautious but calm art market awaits London’s March auctions
Expectations are measured as sector adapts to new economic landscape
Art Basel Hong Kong finally back to pre-pandemic size—what’s changed since 2019?
The city’s art ecosystem is rapidly expanding, but an economic slowdown across China and continued political interference from Beijing could mean stormy seas ahead
From a rare auction sighting of a Blue Period Picasso to a rediscovered Turner: our pick of the March sales
Plus, a painting to celebrate Francis Newton Souza’s centenary
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
Creative Growth blossoms into market force for artists with disabilities
California non-profit supporting artists with disabilities celebrates its 50th anniversary with a special exhibition at New York's Outsider Art Fair
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
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