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trending_up market schedule Feb 24, 2026 visibility 38 link 27 artists, 19 galleries

frieze los angeles art world grief hope

The Los Angeles art scene is navigating a complex recovery as it prepares for Frieze Los Angeles 2026. The city is grappling with the lingering trauma of devastating wildfires that destroyed significant private collections, alongside economic instability caused by massive layoffs in the entertainment industry and recent political unrest. This combination of environmental and financial crises has led to a notable market downturn, resulting in the closure of several high-profile galleries including Blum, Tanya Bonakdar, and Sean Kelly.

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trending_up market schedule Jan 23, 2026 visibility 35 link 36 artists, 13 galleries

fog design art fair san francisco sales 2026 jack whitten

The FOG Design+Art fair in San Francisco opened with a glitzy preview gala at Fort Mason Center, serving as a fundraiser for SFMOMA's education initiatives. VIP tickets started at $10,000 for the first hour, and by 7 p.m., the event filled to capacity as prices dropped to $250. Dealers reported a different energy this year, partly due to the recent Los Angeles wildfires affecting many participating galleries. Sales were strong, with New York dealer Ales Ortuzar selling multiple works by Suzanne Jackson in the first few hours. Local collector Sonya Yu, a recent ARTnews Top 200 listee, highlighted the resilience and sophistication of the Bay Area art community.

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trending_up market schedule Jun 19, 2025 visibility 12

Anxious collectors are increasingly turning to freeport havens, experts say

Rising tariffs, geopolitical instability, and extreme weather events are driving art collectors to move valuable items into secure, tax-friendly freeports, particularly in Switzerland. Experts Alexandre Ducamp of Natural le Coultre and Fritz Dietl of Delaware Freeport report a significant increase in clients over the past three years, citing the war in Ukraine, multiple ongoing conflicts, and President Trump's April 2025 'Liberation Day' tariffs as key factors. Collectors are using freeports in Geneva, Zurich, Basel, and Chiasso, as well as foreign trade zones in Delaware, to delay or avoid import duties on items like design furniture, antiques, and Chinese-origin artworks, with some purchases being cancelled due to new tariffs.

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