Art News. Vasari Codex

trending_up market schedule Jun 27, 2025 visibility 32 link 25 artists, 6 galleries

one takeaway from art basel it remains a buyers market

Art Basel 2025 saw cautious buying despite optimistic statements from major dealers like Pace's Marc Glimcher, who claimed sales velocity was as vigorous as any year. However, collector attendance was thin, with American attendance down for the second year running due to trade tensions and geopolitical concerns. Deals were closing at 20 to 30 percent below asking prices, confirming a buyer's market. Sales ranged from a $245 collectible Labubu figurine by Kasing Lung to works by Wei Libo, Joyce Joumaa, Lonnie Holley, Joan Jonas, Hao Ling, Sarah Lucas, and Rosemarie Trockel, with most activity under $1 million.

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trending_up market schedule Mar 30, 2026 visibility 58 link 17 artists, 3 galleries

How Pharrell’s Joopiter Is Redefining What an Auction House Can Be

Pharrell Williams launched his own auction platform, Joopiter, after finding traditional auction houses ill-suited to sell his collection of fashion, jewelry, and timepieces. The platform has rapidly expanded from single-owner sales into a multi-category auction house, handling luxury goods, sports memorabilia, pop culture artifacts, and contemporary art, with a recent headline lot being a $5 million Triceratops skeleton named Trey.

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trending_up market schedule Jul 25, 2025 visibility 12 link 5 artists, 1 gallery

labubu kasing lung art market

The article examines the meteoric rise and current cooling of the market for Labubu, the Nordic fanged monster character created by artist Kasing Lung. After a decade of slow development, Labubu exploded in popularity through Chinese toy blind-box manufacturer Pop Mart, leading to record auction sales in 2025. Yongle Auction in Beijing organized the world's first themed Labubu sale, where a mint-green sculpture sold for RMB 1.242 million and a painting, 'Pure' (2021), fetched RMB 1.61 million, setting successive records. The frenzy attracted a diverse range of buyers, from streetwear collectors to traditional ceramics enthusiasts, many of whom share their purchases on social media platforms like Douyin.

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trending_up market schedule Jul 8, 2025 visibility 24 link 15 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.

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trending_up market schedule Jul 3, 2025 visibility 24 link 11 artists, 9 galleries

for asias art market 2025 has been about rapid fire change

Art Basel has concluded and the London sales have wrapped, marking a busy first half of 2025 for Asian art markets despite economic uncertainties and geopolitical challenges. New players and trends have emerged: international auction houses aligned their Hong Kong sales with Art Basel Hong Kong for the first time, South Asian art has had a banner year at auction and in institutions, and West Asia is rising with Sotheby's inaugural sale in Saudi Arabia and Art Basel's planned Qatar fair. Asian galleries are expanding into Western capitals, while Western galleries are picking up Asian talent, such as Korean artist Anna Park joining Lehmann Maupin and Rim Park partnering with Kraupa-Tuskany Zeidler. Japanese artist Yu Nishimura had his first U.S. solo show at David Zwirner, and the Labubu plush toy by Kasing Lung became a pop culture sensation.

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trending_up market schedule Jun 20, 2025 visibility 17 link 8 artists, 3 galleries

basel on a budget labubu georg baselitz art basel 2025

Artnet News highlights affordable artworks available at Art Basel 2025, countering the fair's reputation for multimillion-dollar sales. Featured works include John Tremblay's 'Gold sounds' (2025) from the New Paintings series at Ecart's booth, priced at €2,500, and Kasing Lung's limited edition Labubu doll sold at the Art Basel Shop for CHF 200, which sold out rapidly to VIPs and the public. Also noted is Solomon Garçon's 'Bobby (4)' (2025), priced around $3,500, presented by 243 Luz at the Liste fair.

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trending_up market schedule Oct 22, 2025 visibility 22 link 17 artists

Mandopop Icon Jay Chou Curates Two Dazzling Sales of Art and Memorabilia

Taiwanese Mandopop superstar Jay Chou has curated two simultaneous auctions on Pharrell Williams's platform Joopiter: one featuring 14 personal memorabilia items from his three-decade career, and another titled "The Contemporary Take: A Look With Jay Chou" offering 25 paintings and prints by international artists. Highlights include works by Oscar Yi Hou, Young-il Ahn, Daniel Richter, Hajime Sorayama, Diane Dal-Pra, Ernie Barnes, and Yoshitomo Nara. Bidding closes on October 31 for the art sale and November 4 for the memorabilia. Proceeds from the memorabilia sale will support a charitable initiative backed by Chou.

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