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trending_up market schedule Dec 8, 2025 visibility 31 link 43 artists, 4 galleries

paint drippings art industry news dec 8

This week's art industry roundup covers major sales and developments across art fairs, auction houses, and galleries. At Art Basel Miami Beach, strong sales were reported, including an $18 million Warhol at Lévy Gorvy Dayan's booth, while NADA Miami featured around 140 exhibitors. The Art Dealers Association of America announced a new ADAA Fair at the Park Avenue Armory for November 2025, and Design Miami will expand to Dubai in 2027 with Alserkal. In auctions, Fabergé's 'Winter Egg' sold for $30.2 million at Christie's London, becoming the most expensive Fabergé egg ever auctioned, and Rembrandt's etching 'Arnout Tholinx, Inspector' set a world record for an Old Master print at $4.1 million. A rare 15th-century triptych also sold at Sotheby's for $7.6 million. Gallery news includes the formation of Pace Di Donna Schrader Galleries, Hauser and Wirth's acquisition of a Palermo palazzo, and several artist representation changes.

newspaper Artnet News open_in_new Read original
trending_up market schedule Jul 8, 2025 visibility 21 link 17 artists, 2 galleries

life size labubu record asia art news

The article reports on a record-breaking auction sale of a 4-foot-4-inch Labubu doll, which sold for RMB 1.08 million ($150,300) at Yongle International Auction in Beijing, with premium reaching RMB 1.24 million ($174,000). The character was created by Hong Kong artist Kasing Lung, who also collaborated with Art Basel on a limited edition. Other key developments include the closure of the Art Basel Hong Kong satellite fair Supper Club after two editions, Frieze announcing a new year-round space called Frieze House Seoul in Yaksu, and Blum gallery taking on global representation of Japanese ceramic artist Kimiyo Mishima's estate. The article also covers upcoming exhibitions by Christine Ay Tjoe at White Cube New York, Seulgi Lee at Ikon Gallery Birmingham, Kenny Scharf at the Modern Art Museum Shanghai, and Trevor Yeung's adaptation of his Venice Biennale show at M+ Hong Kong.

newspaper Artnet News open_in_new Read original
trending_up market schedule Sep 11, 2025 visibility 23 link 11 artists, 7 galleries

hannah hoffman bridget donahue gallery merger

New York dealer Bridget Donahue and Los Angeles dealer Hannah Hoffman are merging their eponymous galleries to form a new operation called Hoffman Donahue, with spaces in both cities. The combined gallery represents 43 artists, including Puppies Puppies and Lynn Hershman Leeson, and its roster is more than 70 percent women artists. The merger will be fully integrated by 2026, with its official debut at Art Basel Paris. The dealers previously worked together at Gavin Brown's Enterprise and have collaborated on art fair booths.

newspaper ARTnews open_in_new Read original
trending_up market schedule Sep 24, 2025 visibility 17 link 6 artists, 3 galleries

Sydney Contemporary art fair sees fourth year of decline in sales

Sydney Contemporary, Australia's largest contemporary art fair, reported A$16m (US$10.5m) in sales for its 2025 edition, marking a fourth consecutive year of decline. The fair, held from 11 to 14 September at Carriageworks, featured 116 exhibitors and nearly 500 artists, making it the largest edition to date. Despite the drop from last year's A$17.5m and A$23m in 2022, founder Tim Etchells remains committed, citing record visitor numbers of 26,440 and a shift in buyer behavior where sales often close weeks after the fair. Notable sales included a A$1.5m painting by Emily Kam Kngwarray, still under consideration by a collector. A new photography section, Photo Sydney, debuted and will return next year.

newspaper The Art Newspaper open_in_new Read original
trending_up market schedule Dec 16, 2025 visibility 19 link 3 artists, 11 galleries

Comment | After a market shake up in 2025, it's time to create a right-sized art trade

The article reflects on the art market's turbulent 2025, marked by gallery closures, weak auction results, and canceled art fairs. Rather than viewing this as a collapse, the author argues it represents a necessary "right-sizing" of an industry that over-expanded during boom years. Key figures like Philip Hoffman of the Fine Art Group advocate for leaner, more agile business models, such as his new advisory firm New Perspectives Art Partners. Meanwhile, dealers in New York and Los Angeles are adapting through shared exhibition spaces and strategic mergers, including Marian Goodman Gallery hosting Jenkins Johnson Gallery and the formation of Hoffman Donahue.

newspaper The Art Newspaper open_in_new Read original
trending_up market schedule Nov 7, 2025 visibility 14

San Francisco gallery switches to popup model to combat changing art world

A San Francisco gallery has announced it will transition from a permanent brick-and-mortar space to a popup model, citing the need to adapt to shifts in the art world. The gallery will now operate through temporary, project-based exhibitions in various locations rather than maintaining a fixed venue.

newspaper San Francisco Chronicle open_in_new Read original

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