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A series of significant developments occurred across the global art industry this week. Expo Chicago announced a scaled-back edition under new director Kate Sierzputowski, while the Outsider Art Fair revealed its exhibitor list. A long-lost Renaissance portrait by Sofonisba Anguissola resurfaced at the Winter Show. Christie's will sell the collection of the late MoMA trustee Barbara Jakobson, featuring works by Jeff Koons and others. Bonhams made a key hire, and Sotheby's priced a major art-backed securitization. In gallery news, Alissa Friedman returned to Salon 94, Mary Cork joined Lehmann Maupin London, and several artists gained new representation, while New York's Francis Irv gallery announced its closure.

the asia pivot recap 2025

Artnet News's 'The Asia Pivot' reflects on its 2025 coverage, highlighting the expansion of Asia's art scene beyond traditional East Asian markets into emerging regions such as the Gulf, South Asia, and Central Asia. Key developments include the debut of the Bukhara Biennial in Uzbekistan, the opening of the Almaty Museum of Arts in Kazakhstan, and the flourishing art scene in Thailand with new private museums like Dib Bangkok. The report also covers major markets like China, Japan, and South Korea, noting the impact of geopolitical dynamics and market shifts.

Jasper Johns Marks Time

The art world is currently reflecting on the enduring legacy of Jasper Johns, highlighted by a new Gagosian exhibition focusing on his 1970s output. Critic John Yau explores Johns's career-long fascination with materiality and the inevitable decay of art, noting how the artist uses newsprint and wax to acknowledge that nothing remains static in time.

The story behind Iran’s only Van Gogh: ‘At Eternity’s Gate'

A rare, inscribed lithograph by Vincent van Gogh, 'At Eternity's Gate,' resides in the collection of the Tehran Museum of Contemporary Art. The work, one of only seven surviving examples, was acquired in 1975 by Farah Pahlavi, the wife of the Shah of Iran, for the museum. It passed through notable hands, including those of US Vice President Nelson Rockefeller, before arriving in Tehran just before the 1979 Iranian Revolution.

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The Asia-Pacific art scene saw significant activity across multiple sectors. Art SG reported increased attendance and sales, while the SAM Art SG Fund acquired works for the Singapore Art Museum. JD.com announced plans for a major new museum in Shenzhen, and several appointments and award winners were named across the region. Auction houses Bonhams Hong Kong and Sotheby's Singapore posted strong sales results, with the latter setting new artist records.

LA’s The Box Gallery to Close After 19 Years

The Box, a prominent Los Angeles gallery, announced it will close after 19 years, with its final exhibition—a two-venue collaboration with Parker Gallery for late California artist Wally Hedrick—ending April 4. The closure will be marked by a fashion show for Johanna Went on June 6. Founder Mara McCarthy cited a combination of factors, including changing economics around support for her father Paul McCarthy's work and the loss of her family's homes in the January 2025 Eaton fire, as making continued operation impossible.

Art Basel’s Parent Company Plans New ‘Ideas Festival’—and More Art Industry News

MCH Group, the parent company of Art Basel, is launching a new global ideas festival called the Futurific Institute in Basel in 2028, backed by billionaires James and Kathryn Murdoch. Art Dubai has postponed its 20th edition due to regional conflict, while several galleries are opening, closing, or changing locations, including Brooke Benington in London and Timothy Taylor in New York. Additionally, Mexico is demanding eBay remove listings for pre-Columbian artifacts, and institutions like the Royal Academy of Arts and MCA Chicago are announcing key leadership changes.

paint drippings art industry news jun 16

This week's art industry roundup covers major developments across art fairs, auction houses, and galleries. Ahead of Art Basel in Basel, Artnet's Editor-in-Chief Naomi Rea investigates how the trade lost control of the pricing narrative amid a market breakdown. The Armory Show announces its 2025 edition with over 230 galleries and new curated sections, while Frieze will open a gallery space in Seoul. Sotheby's London will auction Pauline Karpidas's collection estimated at over $81 million, and a rare Rodin marble sold for $1.2 million. Caroline Lang steps down as chair of Sotheby's in Switzerland after four decades. Gallerist Kamel Mennour donates 180 works to Paris's Musée d'Art Moderne, and Marian Goodman Gallery now represents the estate of Ana Mendieta.

The Louvre Remains the World’s Most-Visited Museum, with Competition Coming from the Middle East and Asia in 2025

The Louvre maintained its position as the world's most-visited museum in 2025, drawing approximately 9 million visitors according to the Art Newspaper's annual ranking. The Vatican Museums and the National Museum of Korea in Seoul followed closely, rounding out a top ten list that includes major institutions in London, New York, and Shanghai. Overall, about 200 million people visited the top 100 museums globally, a figure still below the pre-pandemic 2019 peak of 230 million.

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The New York art scene is witnessing a shift in the Tribeca gallery landscape as 1969 Gallery, a fixture known for championing emerging painters, has shuttered its physical space at 39 White Street. Founder Quang Bao confirmed the closure following the building owner's decision to sell the property, noting that he is currently operating from Barcelona with plans to pivot toward collaborations and residencies rather than the traditional gallery model. Meanwhile, the itinerant Ward Gallery continues to gain traction by hosting pop-up symposia at institutions like the International Center for Photography, signaling a broader trend toward real-estate-free dealership.

Museum acquisitions round-up: Andy Warhol in an apron, a solid-silver relief and Christo's luggage rack

Major international institutions have secured significant new acquisitions, ranging from intimate photographic archives to monumental silver reliefs. The Smithsonian’s Archives of American Art received over 400 stereoscopic slides by Ronnie Cutrone documenting Andy Warhol’s Factory, while the Germanisches Nationalmuseum acquired Luigi Valadier’s final silver masterpiece, 'Lamentation of Christ'. Additionally, the Christo and Jeanne-Claude Foundation donated 14 works to the City of Paris, including the early sculpture 'Package on a Luggage Rack' for the Musée d’Art Moderne de Paris.

Olfactory Objects: Scent, Attention, and the Post-Immersive Turn

david hockney bayeux tapestry

David Hockney has publicly condemned the planned loan of the Bayeux Tapestry from France to the British Museum, calling the transport of the 950-year-old, 224-foot-long embroidered chronicle across the English Channel “madness” and an unnecessary risk. Writing in an op-ed for The Independent, the 88-year-old artist warned that moving the fragile artifact—which has nearly 10,000 holes and 30 tears—could cause irreversible damage such as fiber contraction, expansion, or color fading. The tapestry is scheduled for a 10-month loan to the British Museum later this year, and despite a £800 million insurance scheme and assurances from museum director Nicholas Cullinan, Hockney remains unconvinced, noting that a museum representative who met with him had not read his book "Secret Knowledge." The tapestry has already been moved from the Bayeux Museum to a secret storage facility, its first relocation in 40 years.

6 asian artists to watch history migration and politics

Artnet News's Talentspotter feature profiles six emerging Asian artists shaping contemporary art. The artists, including Chen Ronghui, Steph Huang, and Cole Lu, explore themes of urbanization, migration, identity, and consumer culture through photography, sculpture, and installation.

have new york museums hit their peak

New York's major art museums, including MoMA, the Guggenheim, the Metropolitan Museum of Art, and the Whitney, are experiencing attendance figures that have not surpassed their peaks from several years ago. MoMA projects reaching 3.24 million visitors for the 2012–13 fiscal year, just shy of its 2009–10 record of 3.22 million, driven by blockbuster exhibitions like "Magritte: The Mystery of the Ordinary" and a Sigmar Polke retrospective. Meanwhile, the Guggenheim's attendance peaked in 2009, the Met saw its busiest season in 2011–12 with 6.28 million visitors and is now on track for a second consecutive decline, and the Whitney's high was 372,000 in 2009–10. Factors cited include a harsh winter, ongoing construction at the Met, and a shift toward more scholarly exhibitions, though tourism growth in New York continues, especially among international visitors.

Blum Gallery’s Sudden End Shocked the Art Industry. What Happened?

On July 1, 2025, Tim Blum, the powerhouse Los Angeles dealer behind Blum Gallery, announced the sudden closure of his gallery after a 35-year run. The closure includes his Culver City headquarters, his Tokyo space, and a planned Tribeca location that will no longer open. Blum publicly framed the decision as a voluntary "sunset" due to systemic industry issues like over-expansion and burnout, but interviews with artists and staff reveal a more chaotic reality: the closure blindsided employees and artists, many of whom learned about it from news reports or a last-minute staff meeting that excluded Tokyo staff. Sources cite weak sales at Art Basel and Art Basel Hong Kong, poor business decisions—including buying out partner Jeff Poe and renovating a costly New York space—and a lack of severance or transition time as underlying factors.

Andy Warhol’s Former Studio Building Now Home to New Uniqlo Union Square Store

The former New York City studio building of Andy Warhol, known as The Factory, will now house a Uniqlo store. The Japanese fast-fashion brand is opening its seventh New York location on the ground floor of 860 Broadway, the same building where Warhol worked from 1974 to 1984. The brand is leveraging the site's artistic history by selling exclusive merchandise featuring Warhol's imagery to promote the opening.

stolen banksy print recovered thief sentenced

A judge at London's Kingston Crown Court sentenced Larry Fraser to 13 months in jail for stealing a Banksy print of the iconic *Balloon Girl* image from Grove Gallery in September 2024. Fraser, who pleaded guilty, used a hammer to break a glass door and stole the print in 36 seconds, hoping to pay off a drug debt. The Metropolitan Police's Flying Squad recovered the artwork within days after Fraser and accomplice James Love stashed it on the Isle of Dogs. Love was acquitted by a jury, claiming he was unaware of the theft until after the fact.

Collector Dimitris Daskalopoulos’s NEON to Conclude After ‘Having Fulfilled Its Mission’

NEON, the Athens-based contemporary art initiative founded by collector Dimitris Daskalopoulos, will conclude its activities later this year after 14 years. Its final project is a trilogy of exhibitions by artist Michael Rakowitz at the Acropolis Museum, with the last installment set for 2026. The organization also announced it has fulfilled its cultural and social mission.

five more suspects arrested over louvre jewel heist

French authorities arrested five additional suspects in connection with the historic theft of Napoleonic jewelry from the Louvre Museum, Paris prosecutor Laure Beccuau announced on Thursday. The coordinated raids took place in Paris and its northern suburbs, with one suspect identified through DNA evidence. The investigation has advanced by studying encrypted communications from seized phones. The heist occurred on October 19, when four masked thieves broke into the Apollo Gallery during opening hours, stealing nine artifacts worth approximately $102 million, though one crown was dropped during the escape. Two suspects were previously arrested on October 25, one at Charles de Gaulle Airport. The stolen jewels remain unrecovered, and authorities are searching the black market for them.

Major Greek contemporary art non-profit Neon to close after 14 years

Neon, a major Greek contemporary art non-profit founded by businessman and patron Dimitris Daskalopoulos, is closing after 14 years, stating it has fulfilled its cultural and social mission. Between 2012 and 2026, the organization presented 44 exhibitions across museums, historical sites, and public spaces, commissioning 105 works by Greek and international artists. Notable projects include donating Antony Gormley's sculpture 'RULE II' (2019) to the island of Delos—the first contemporary work permanently installed at an ancient site—and funding the €1.4m renovation of the Lenorman Street Tobacco Factory in Athens into a cultural center. Neon will present its final exhibition, the third installment of 'Michael Rakowitz & Ancient Cultures,' later this year at the Old Acropolis Museum.

meg webster comme des garcons dia perfume

Artist Meg Webster has collaborated with the Dia Art Foundation and Japanese fashion house Comme des Garçons to release her first signature perfume. The fragrance, inspired by Webster’s sensory earthworks made of soil and salt, features woodsy and petrichor notes housed in a silver tetrahedral box that mirrors her sculptural vocabulary. To celebrate the launch, a 2017 sculpture by Webster will be installed at the Comme des Garçons boutique in Chelsea, Manhattan.

minor injuries michael joo sculpture damaged space zeroone

A large-scale sculpture by Korean American artist Michael Joo collapsed during the opening reception of his solo exhibition at Space ZeroOne in Tribeca, New York. The artwork, titled 'Saltiness of Greatness' (1992) and composed of compressed salt blocks, reportedly fell after being disturbed by a visitor, resulting in minor injuries to four attendees including a curator, a gallerist, and a foundation board member. The gallery, operated by the Hanwha Foundation of Culture, has temporarily closed to review safety procedures following the incident.

studio museum in harlem to close for more than a week after sprinkler emergency

The Studio Museum in Harlem has closed through February 7 after a sprinkler emergency forced visitors to evacuate on Friday. Water poured from a ceiling near the gift shop, creating a large pool on the floor, but no artworks or galleries were affected. The museum initially planned a weekend closure, but repairs proved more extensive after a sprinkler was damaged during preparations for a record-breaking snowstorm that dropped 11 inches on Manhattan.

can you insure a national treasure bayeux tapestry loan sparks 1 1 billion debate

France's historic loan of the Bayeux Tapestry to the British Museum has sparked controversy over the proposed £800 million ($1.1 billion) insurance cover, which critics argue is unsuitable for such a fragile, 950-year-old textile. Art historians and conservators have raised concerns that the U.K.'s Government Indemnity Scheme does not cover damage from preexisting conditions or inherent vice, and that no sum can adequately insure an irreplaceable heritage object. A French petition calling on President Emmanuel Macron to cancel the loan has garnered over 75,000 signatures, but the U.K. government has proceeded with plans, including a practice "dry run" using a facsimile and a custom crate designed to minimize vibrations.

judge approves purdue pharma settlement

A federal bankruptcy judge has approved a new settlement for Purdue Pharma, the pharmaceutical company behind OxyContin, resolving thousands of lawsuits related to its role in the opioid crisis. The deal, which replaces a 2021 settlement rejected by the Supreme Court, requires the Sackler family to contribute up to $7 billion and relinquish ownership of Purdue, while allowing individuals to sue family members directly.

detroit institute of arts workers move to unionize

Employees at the Detroit Institute of Arts (DIA) announced plans to unionize on November 4, joining a growing wave of labor organizing at U.S. cultural institutions. The staff, organizing as DIA Workers United, are seeking recognition under AFSCME Cultural Workers United (AFSCME Michigan), which already represents workers at major museums including the Metropolitan Museum of Art, Art Institute of Chicago, and Philadelphia Museum of Art. The DIA acknowledged the request and stated it respects employees' legal rights to organize. The announcement follows recent unionization efforts at the Los Angeles County Museum of Art (LACMA) and a broader trend that began with the New Museum in 2019.

jackson pollock manganese blue

A scientific paper published in PNAS reveals that Jackson Pollock's 1948 masterpiece *Number 1A* contains an extinct variety of manganese blue paint. Using Raman spectroscopy, researchers from Stanford University, City College of New York, and MoMA's conservation department identified the synthetic pigment, which was popular in the 20th century but phased out in the 1990s due to environmental concerns.

frank lloyd wright building conservancy price tower bartlesville

The Frank Lloyd Wright Building Conservancy has acquired 11 original pieces designed by Frank Lloyd Wright for the Price Tower in Bartlesville, Oklahoma, including the lobby direction board, an armchair, three copper tables, two stools, and four embossed copper panels. The acquisition, funded by donors, was made to prevent further sale and dispersal of the items after they were sold without the conservancy's permission in spring 2024, despite being protected under a preservation easement. The artifacts are currently stored in the Dallas area, and the conservancy intends to return them to Price Tower.

howard castle completes restoration

Castle Howard, the historic North Yorkshire estate known for its role in Netflix's *Bridgerton* and the 1981 film *Brideshead Revisited*, is reopening to the public after major restoration work. The centerpiece is the tapestry drawing room, which had stood as an empty shell since a 1940 fire devastated much of the house. The room has been fully reconstructed with a new ceiling, floor, fireplace, paneling, and window casings, overseen by architect Francis Terry. Four 18th-century tapestries by John Vanderbank, depicting the seasons, have been restored and reinstalled in their original locations for the first time since the early 1700s. The restoration also prompted a rehang of the Long Gallery and a reimagining of the grand staircase, which now displays artifacts collected by the earls of Carlisle.