Phillips

Art marketanalysis

In the first partnership of its kind, Phillips and Poly Auction set their sights on Hong Kong

Mutually beneficial collaborations between Western and Chinese auction houses are on the rise

Art marketanalysis

Sanyu, Zao Wou-Ki and Liu Ye: the Asian masters fetching millions at the Hong Kong auctions

Despite pandemic delays and the new National Security Law, the spring sales in the city last week fetched solid results

Art marketcomment

Can the art market be an ally in the fight for racial equality?

The industry remains subtly discriminatory and must abandon some obsolete ways if it is to truly change for the better

Filmsnews

Ai Weiwei will address the Rohingya refugee crisis in a forthcoming documentary

The Chinese dissident artist and director of Human Flow is also currently filming a new documentary about the coronavirus pandemic

Phillips partners with charitable foundation to benefit New Yorkers hardest hit by coronavirus

The auction house will donate all proceeds from a forthcoming online sale to the New York-based Robin Hood Foundation

Art marketanalysis

Phillips’s sale reveals contemporary art's hottest stars but still misses its low estimate

Auction results this week are expected to be down by almost a quarter signalling a "low tide" in London

Art marketgallery

Object lessons: from a medicinal Damien Hirst to a splashy David Hockney

Our pick of highlights from the next fortnight's fairs and auctions

Art marketanalysis

How serious are the dangers of market sponsorship of museum exhibitions?

Involvement from galleries and auction houses is on the rise as public institutions face dwindling government funds and increased scrutiny over toxic philanthropy

Damien Hirst medicine cabinet bought for £600 goes on sale for over £1m

Softer YBA market faces test as collection amassed by London bond trader goes under the hammer at Phillips next month

2020 vision: the big year of change for auction houses?

Supported by transformational new technology, the sector is ditching its traditional business model in favour of the luxury goods market

Auctionsanalysis

New York's autumn sales were subdued but not necessarily septic

Overall sales were down by around 30% but beyond the disappointing headline figures, women and minority artists shone

Art marketpreview

Confidence may be low, but New York's auctions are aiming high

Can the quality of the smaller works coming up during "gigaweek" quell economic jitters?

Auctionsanalysis

New artists to the block bring excitement to Phillips Contemporary evening sale in London

New record set for Alex Katz, but less-familiar names also exceed expectations

Phillips names Olivia Thornton head of 20th-century and contemporary art in Europe

The appointment comes after a handful of new hires across the auction house’s offices

Art marketanalysis

Price match! Old Masters vs contemporary art: what can you get for your money?

During London's Classic Week, we take a look at what the same sum will buy you at either end of the art historical timeline

Female painters steal the limelight at Phillips contemporary evening sale in London

Market is not “as effervescent as it was”, but £36m total is the auction house’s highest in June for over a decade despite disappointing results for Modern works

San Francisco museum's Rothko sells for $50m as Sotheby’s closes bumper week of New York auctions

Dana Schutz’s record broken twice in one night at Phillips then Sotheby's, while the bidder behind the $91m Koons Rabbit buys Lee Krasner painting for $10m

Gerhard Richter’s jet fighter painting finally takes off at Phillips after bumpy legal battle

After previous buyer defaulted on paying for the work in 2016, painting sold in London for £15.5m in a significantly smaller auction compared with 2018

Rio’s Museum of Modern Art finally sells Pollock for around $13m

For a struggling institution, the price is short of earlier estimates

Shifts among the major auction houses could spell serious change

Loic Gouzer to leave Christie’s as the auction house restructures in the wake of Francis Outred's departure, while Phillips upgrades its New York headquarters

Phillips and Bonhams see strong sales on smaller lots

The auction houses' bottom lines suffered from unsold lots, continuing a trend of top-lot discernment during New York’s fall sales