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Rising dealer Sebastian Gladstone expands in LA—what’s behind his success?

Sebastian Gladstone, a rising art dealer, is expanding his namesake gallery in Los Angeles with a new 3,200-square-foot space in Hollywood, opening on 13 September. The move comes despite a broader trend of gallery downsizing, and follows a successful showing at Frieze Los Angeles, where he placed a work with the Los Angeles County Museum of Art. Gladstone, who launched the gallery in 2020, now operates bicoastally with a Tribeca outpost and plans to focus on quality over quantity, including representing the estate of abstract painter Herman Cherry.

Almine Rech reopens in London with downsized gallery

International dealer Almine Rech is reopening in London with a downsized first-floor space in Mayfair, near Sotheby's on George Street, after closing her former London gallery in August and putting the UK business into voluntary liquidation. The new venue, roughly a quarter of the size of the previous one, will operate by appointment starting next month, showcasing curated presentations of 20th- and 21st-century works. A new company, Almine Rech Advisory, was registered on 30 September, with Rech as the controlling person and Maximilian Lefort as director. The liquidation was described as a technical step to restructure a lease that no longer aligned with the gallery's plans; Companies House filings showed a deficit of £6.3m, mostly from intercompany and shareholder loans, with no unpaid obligations to artists, employees, or suppliers.