Art News. Vasari Codex

trending_up market schedule Oct 29, 2025 visibility 25 link 7 artists, 6 galleries

taipei art week taiwan market review

The second edition of Taipei Art Week has drawn a large crowd, anchored by Art Taipei—Asia's longest-running art fair—and the 14th Taipei Biennale. Galleries have raised their ambitions, with pop-up shows, talks, and collectors' parties filling the city. However, Taiwan's art market faces significant headwinds: art imports fell 15.2% in 2024, Ravenel's spring auction sales plummeted from $14.6 million in 2020 to $3.6 million in 2025, and Taipei Dangdai announced it would cease operations after its sixth edition. Geopolitical tensions with China have reduced Chinese collector participation and visitor numbers at the National Palace Museum.

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trending_up market schedule May 29, 2025 visibility 23 link 9 artists, 1 gallery

asian artists under 35 are doing at auction

A new analysis by The Asia Pivot reveals that total global auction sales for Asian artists born between 1990 and 1999 dropped to $9.7 million in 2024, the lowest level in three years. The market for these young artists shows clear signs of cooling, with 696 lots sold out of 1,128 offered, a 62% sell-through rate, and an average price per lot falling 26.5% year-over-year to $13,905. Top-ranked artists like Raghav Babbar and Anna Park saw steep price declines, while a few consistent performers like Yukimasa Ida, Sun Yitian, and Chris Huen Sin-Kan maintained strong market recognition.

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trending_up market schedule Dec 12, 2025 visibility 28 link 16 artists

yves bouvier de sarthe 91 works lawsuit

Swiss art dealer Yves Bouvier has filed a motion in federal court in Manhattan to recover 91 artworks valued at an estimated $100 million, which he claims were entrusted to French dealer Pascal de Sarthe. Bouvier is seeking to compel at least 15 banks and two major auction houses—Sotheby's and Christie's—to provide information about the artworks' whereabouts. The legal action, initiated in Hong Kong in October, targets de Sarthe, who disputes Bouvier's ownership. Bouvier alleges that after his long-running legal battle with Russian billionaire Dmitry Rybolovlev, he was blacklisted by auction houses and entered into an oral agreement with de Sarthe and dealer Jean Marc Peretti for custody of the artworks, but de Sarthe has allegedly failed to respond to inquiries. A Hong Kong hearing was held in early October for orders including injunction and preservation.

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trending_up market schedule Sep 1, 2025 visibility 30 link 11 artists, 17 galleries

Frieze Seoul’s fourth edition takes on tariffs and a tough market

The fourth edition of Frieze Seoul (3-6 September) will host around 120 galleries at the Coex convention centre in Gangnam, including mega-galleries like Gagosian, Hauser & Wirth, Pace, David Zwirner, and White Cube. The fair welcomes about 20 new exhibitors, such as 10 Chancery Lane Gallery and de Sarthe from Hong Kong, The Breeder from Athens, Carvalho from New York, Make Room from Los Angeles, and Ota Fine Arts from Tokyo. However, more than 40 galleries are not returning, including Karma, Mariane Ibrahim, Michael Werner, and Neugerriemschneider. The event unfolds amid significant political and economic turbulence in South Korea, including the impeachment of former president Yoon Suk Yeol after a martial law declaration, the election of new President Lee Jae Myung, and ongoing tariff negotiations with the United States, all contributing to a climate of uncertainty.

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trending_up market schedule Aug 1, 2025 visibility 12 link 1 artist, 1 gallery

De Sarthe to open new 10,000-square-foot gallery in Hong Kong’s Southside art district.

Hong Kong gallery De Sarthe has announced it will relocate to a larger 10,000-square-foot space in the Wong Chuk Hang neighborhood, opening September 20th in Vita Tower within the city’s Southside art district. The new gallery will feature separate exhibition areas for contemporary art and 20th-century masterworks, marking a major expansion as the gallery celebrates its 15th anniversary in Hong Kong. Founder Pascal de Sarthe emphasized the continued importance of physical gallery spaces for meaningful dialogue between artists and audiences, even in a digital age.

newspaper Artsy open_in_new Read original