The £12.2m auction relied on tried and tested names, but estimates proved too high for buyers' appetites

Martin Wilson, the chairman of the British Art Market Federation (Bamf), is joining as chief executive and will oversee global operations

The night’s total take took a major hit when it was revealed that its second-biggest lot, a Basquiat self-portrait, had failed to sell

The most valuable lot of the week is a record-breaking Magritte with a third-party guarantee, but the most talked-about is a conceptual still life by Maurizio Cattelan

The sale's hammer total fell short of its estimate, but also represented an increase of 24% over the equivalent auction in 2023

The largest painting in the group, "Untitled (ELMAR)" (1982), will be offered during the marquee spring sales in New York with a $40m to $60m estimate

The 27-lot sale brought in £10.9m without fees after three works were pulled and another three failed to sell

Expectations are measured as sector adapts to new economic landscape

Collectors’ enthusiastic response to 'New Terrains' exhibition is latest signal that the market is finally catching up

Pop artist’s paintings have seven-figure prices, but his prints are available for just a few hundred dollars at New York sale

Brooks, who joined the company in 2021, has left for personal reasons

The auctions, which would happen across 2024 if a court approves the plan, could be followed by sales of around 900 additional works

Plus, experimental art from the Eastern Bloc and a sculptural installation by Terry Adkins

The house’s two-part auction fell short of the low estimate but still became its second-best showing ever by dollar value

Phillips’s recent private selling exhibition of Damien Hirst works marked 15 years of artists collaborating with auction houses, with or without gallery cooperation

A double-sided Fernand Léger estimated between $15m to $20m leads the offering, amassed by a Dutch shipping and oil magnate and his wife

The auction house is pursuing the primary market with the new digital platform, which will sell monthly "drops" of limited editions by artists such as Cj Hendry

A painting by Noah Davis reached more than nine times its low estimate after a 12-minute bidding war

Demand for ultra contemporary works may have eased but there is little sign of a sales slump, say the New York firms

The opening of the 52,000 sq ft Kowloon space kicked off the city's first international art week since Covid restrictions lifted

Report also highlights how Asian, Millennial and Gen X buyers are changing the demographic of the market

Works by Yayoi Kusama, Matthew Wong and Loie Hollowell will headline a preview exhibition for its inaugural auctions in March

The British artist is among those who have donated millions of pounds’ worth of art to charities—perhaps we could all take a leaf out of her book?

Don't be fooled by the higher-than-ever sale figures—the market is softening

The measured result, which slightly surpassed its low estimate and the total take from the same sale last year, was bolstered by a late Cy Twombly that fetched $41.6m

Offered next week at Phillip's New York, the works were made during Warhol's student days and bear no resemblance to his signature styles

Plus, a bovine Lalanne sculpture and a pair of Chinese vases

Joint venture announced amid declining sales figures at Chinese auction house

The auction house made £17.5m with a record achieved for British painter Antonia Showering

Plus, the Albers Foundation plans a Senegal space, and a golden Indian manuscript at the British Library