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SP-Arte underscores Latin America’s resilient rise amid global market recalibration

The 22nd edition of SP-Arte has opened at São Paulo’s Oscar Niemeyer-designed pavilion, featuring over 180 galleries and design studios. While global art markets face a period of recalibration, the Latin American sector—and Brazil in particular—is reporting significant growth, including a 21% year-on-year increase in sales for Brazilian dealers according to the latest Art Basel and UBS report.

Pioneering Brazilian artist Lygia Pape's estate is now represented by Mendes Wood DM

Mendes Wood DM now represents the estate of pioneering Brazilian artist Lygia Pape (1927-2004), a central figure in the Concrete and Neo-Concrete art movements. The gallery, founded by Pedro Mendes, Felipe Dmab, and Matthew Wood, operates spaces in São Paulo, Brussels, Paris, and New York. It plans a career-spanning exhibition of Pape's work in São Paulo in April 2026, coinciding with SP-Arte and her centenary year, and will bring works to Art Basel in Paris this October. Pape's first retrospective in France, 'Tisser l'espace (Weaving Space),' opens next week at the Pinault Collection's Bourse de Commerce in Paris, running from 10 September to 23 February 2026.