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

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

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

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

The chairman of Phillips on boardroom battles and joining the underdog

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

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

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

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

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

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

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

Our picks from upcoming fairs and auctions in the next fortnight

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

Our highlights from upcoming fairs and auctions

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

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

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

We talk to David Hockney about Portrait of an Artist (Pool with Two Figures), which broke an auction record this week, selling at Christie's New York for $90.3m with fees. Produced in association with Bonhams, auctioneers since 1793.

Broadening the sales strategy for Latin American art has been a positive move for some artists' markets

Lesser known lots still hold plenty of hammer potential

Our picks from fairs and auctions around the globe this coming fortnight

A new portrait produced by an algorithm, expected to sell for around $10,000 at Christie’s this month, prompts new debates over authorship

Christie’s introduces day sale format and established names give way to new talent

New record for Joan Mitchell as fresh artists join the $10m-and-up club—but Bacon and Basquiat still dominate top prices in New York

The heads of Christie's, Bonhams and Phillips speak on market shifts, challenges and why they believe their model will succeed

Critic and curators gather to pay tribute to late artist as 1984 painting comes to market for first time

A record sale at Christie’s and a solid result at Sotheby’s show the market is in full recovery

Our pick of this month’s most interesting auction

Flaky winning bids are knocking the gloss off record-breaking sales