Art market
Sotheby's slam dunk: Michael Jordan sneakers sell for record $2.2m
The Air Jordan 13s were worn by the basketball star during his last year with the Chicago Bulls
Pace gallery to show Picasso’s sketchbooks in New York for 50 year anniversary of artist’s death
Never seen by the public during his lifetime, they include studies for his most famous paintings such as Les Demoiselles d’Avignon
Warner Bros music executive's collection could fetch $120m during New York's May auctions
The Mo Ostin sale at Sotheby's will feature works by Magritte and Twombly
Chicago’s dealers look abroad to widen their reach
As their art-world profiles rise, Windy City gallerists are opening outposts in Mexico, France and Portugal
Christie's launches grant programme to support research of Nazi-era provenance
The year-long grant will support three graduate students researching Nazi-confiscated cultural artefacts between 1933 and 1945
Report identifies art market as a target for organised crime
Internal crime agency urges vigilance, and greater efforts on monitoring and enforcement, but industry figures say study lacks focus and hard evidence of key vulnerabilities.
Art market wobble: what happens if banks go bust?
Plus, hip hop in Baltimore and Juan de Pareja, the artist enslaved by Velázquez
Backroom deals for wet paintings: why contemporary art is driving private sales for auction houses
Shortening art market cycles and the politics around "flipping" artworks are leading collectors to conduct business away from public scrutiny
Sotheby's to offer rare Hammershøi painting with highest-ever estimate for the artist
"Interior. The Music Room, Strandgade 30", expected to sell for between $3m and $5m, was painted in the artist's most productive period
Frieze parent company Endeavor acquires wrestling giant WWE in $9.3bn deal
It’s the latest acquisition for the billion-dollar company
Are Old Masters having a renaissance? Leaner times breathe new life into a tired market
Collectors tend towards safety in times of trouble—and current uncertainty is causing a shift in buying habits
White Cube founder Jay Jopling’s daughter Angelica opens London gallery
Emerging art space Incubator is “totally siloed” from her father’s business, she says
Bonhams closes gender pay gap by 39%, but Sotheby’s and Christie’s lag behind
UK’s public institutions continue to provide a greater degree of equity—though this is not even across all pay brackets
Global art market 'beginning to cool’, according to latest Art Basel/UBS report
Total sales grew just 3% in 2022, while China's zero-Covid policies saw UK overtake it as second-biggest market
The revolution may be randomised: new Damien Hirst project lets buyers generate their own 'Spin' NFTs
The British artist's latest venture, a tech-heavy development of the Spin Paintings launched in 1992, touches all the tech buzzwords as collectors order one-off NFTs from a dashboard menu
Expo Chicago fair turns ten: dealers say low cost of living and greater freedom to experiment nurtures US city’s art scene
Chicago is benefiting from a new generation of innovative collectors and a rich cultural ecosystem
Photofairs Shanghai returns as first mainland Chinese fair after lockdown rules lift
After a zero-Covid hiatus, the fair includes mainly Chinese galleries
Dallas Art Fair hopes to cash in on city’s expansion
For the first time, it will share the stage with the smaller boutique fair Dallas Invitational
The Photography Show fair returns to New York with images of ominous sculptures, elegant figures and the void
Highlights from the 42nd edition of the longest-running photography fair
Brazil’s rising art-world profile brings renewed international attention to SP-Arte, the country’s biggest fair
The 19th edition of SP-Arte features a small but optimistic set of international dealers who say navigating the country’s complicated and expensive customs rules is worth the trouble
Paintings by Ed Ruscha, Philip Guston and others from major Chicago collection headed to auction at Christie’s
A group of paintings and works on paper from the collection of Alan and Dorothy Press is estimated to fetch more than $50m across multiple sales in New York this spring
From the ashes of Masterpiece London comes Treasure House Fair—who's taking part?
More than 40 galleries have thrown their weight behind the new venture, but only a handful of overseas dealers will participate
Asia Week New York bounces back from Covid-19 restrictions with $131m in sales
A print of the "Great Wave" by Hokusai sold for a record-breaking $2.8m at Christie’s during the series of exhibitions and auctions
After fallout, Sotheby’s seeks to fix ‘glitch’ in its NFT sale by including more women
Auction house faced online backlash over male-dominated digital art sale
Nan Goldin joins Gagosian, leaving Marian Goodman gallery after five years
With newfound backing from the world's biggest gallery, is the activist-photographer's art market poised for take off?
Renoir portrait once owned by art dealer Ambroise Vollard could fetch €650,000 at Paris auction
Painting was sold by Vollard in 1930 and has never been publicly exhibited before
Galleries continue to bank on Asia as Peres Projects expands in Seoul and Hauser & Wirth relocates to new street-level space in Hong Kong
Meanwhile, Eva Presenhuber is now teaming up with a South Korean design studio and Tang Contemporary Art will add a space in Singapore to its roster
Hong Kong is back with bang: Art Basel returns and M+ museum makes waves
Plus, art censorship online and Brenda L. Croft's photos of fellow First Nations Australian women
Phillips unveils new Asia headquarters in Hong Kong, promising investment in local scene after 'difficult' few years
The opening of the 52,000 sq ft Kowloon space kicked off the city's first international art week since Covid restrictions lifted
Hong Kong heiress sues gallery over alleged £500,000 Banksy fraud
Karen Lo says the dealer Pearl Lam never followed through with her purchase of a well-known painting by the secretive British artist