Art News. Vasari Codex

trending_up market schedule Dec 23, 2025 visibility 32 link 12 artists, 4 galleries

stop making sense 2025 art market analysis 1234767291

The article analyzes the chaotic and contradictory state of the global art market in 2025, a year marked by extreme volatility following President Donald Trump's return to office. Key events include strong sales at Frieze Los Angeles in February, a record $13.8 million sale of a painting by M.F. Husain at Christie's, and a sharp downturn after Trump imposed sweeping tariffs on major trading partners. Major auctions in May fell far short of expectations, with only $837.5 million hammered against estimates of up to $1.6 billion. Meanwhile, Art Basel expanded with a new Qatar fair, but sales at Art Basel Switzerland dropped over 35% from 2024. The year also saw a wave of gallery closures, including the sunsetting of Blum & Poe.

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trending_up market schedule Jul 2, 2025 visibility 18 link 11 artists, 4 galleries

princedale modern edward warburton 2661083

London-based art advisory Princedale Modern, founded by Edward Warburton in 2022, has marked its second anniversary amid significant shifts in the global art market. Warburton discusses the firm's growth, including scaling alongside the U.K. art market's rise to 18% of global share, and highlights attendance at major art fairs in Basel, New York, Miami, and Paris. He notes that while auction house sales at Christie's, Sotheby's, and Phillips have dropped nearly one-third and the overall market contracted by 12%, private sales have risen 14% and online sales remain strong at 17%.

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trending_up market schedule May 22, 2025 visibility 28 link 27 artists, 3 galleries

kenny schachter new york fair auction recap 2648049

Kenny Schachter's article for Artnet News draws a parallel between President Jimmy Carter's 1977 energy-crisis plea to lower thermostats and the current art-market response to Trump-era tariff turmoil. He reports that the spring 2025 auction cycle generated $1.25 billion, continuing a decade-long decline from the 2014 peak, with bidders spending less and big-ticket sellers stuck. Schachter also promotes his own no-reserve auction, "Hoarder #6," scheduled for July 8–17 at Phillips, and critiques Trump's economic policies and crypto ventures, name-dropping Justin Sun as a major holder of $Trump tokens.

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trending_up market schedule May 5, 2025 visibility 20 link 14 artists, 1 gallery

may 2025 art auctions consignors 1234740631

The article previews the upcoming May 2025 marquee art auctions in New York, led by Christie's, Sotheby's, and Phillips. Key consignors include the collection of late Barnes & Noble founder Leonard Riggio and his wife Louise, along with works from Anne and Sid Bass, Tiqui Atencio, Daniella Luxembourg, the estate of Barbara Gladstone, and the San Francisco Museum of Modern Art. Notable lots include Dorothea Tanning's 'Endgame' (est. $1M–$1.5M), Robert Motherwell's 'Elegy to the Spanish Republic No. 160' (est. $3.5M–$5.5M), and Andy Warhol's 'Big Electric Chair' (est. $30M). The article also reveals undisclosed consignors through research, such as the family of Harold and Gertrud Parker for the Tanning work and the Hess Art Collection for the Motherwell.

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article local schedule Oct 3, 2025 visibility 17 link 11 artists, 4 galleries

chicago gallery weekend dealers artists collaborate 1234754476

Luke Agada, a Nigerian painter who completed his MFA at the School of the Art Institute of Chicago in 2023, chose to remain in Chicago rather than move to New York or Los Angeles, citing the city's balance of opportunities. He opened his solo exhibition "To Translate Is to Move Across" at Monique Meloche Gallery during the third edition of Chicago Exhibition Weekend (CXW), a four-day event involving over 70 galleries, talks, studio visits, and a tennis mixer. CXW was founded by Abby Pucker of the consultancy firm Gertie and co-organized with Expo Chicago, expanding this year to include the Chicago Architecture Biennial and a curated exhibition of conceptual art.

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trending_up market schedule Apr 22, 2025 visibility 11 link 5 artists, 1 gallery

sothebys 70 million giacometti bust may auction 1234739396

Sotheby’s will offer Alberto Giacometti’s 1955 bronze bust *Grande tête mince (Grande tête de Diego)*, hand-painted by the artist as a tribute to his brother Diego, at its May 13 modern art evening sale in New York with an estimate exceeding $70 million. The 25-inch-tall work, one of six casts, is being sold anonymously through the Soloviev Foundation and comes from the estate of real estate magnate Sheldon Solow. It was exhibited at the 1956 Venice Biennale and spent nearly two decades at the Fondation Maeght before Solow acquired it in 1980. The sale also includes a Piet Mondrian painting estimated at $50 million at Christie’s as part of the Leonard Riggio collection.

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trending_up market schedule May 19, 2025 visibility 22 link 23 artists

christies 21st century auction may 2025 marlene dumas 1234742219

Christie's 21st century evening sale on May 14, 2025, generated $96.4 million against a presale low estimate of $79.5 million, with 39 lots offered and a sell-through rate of 90% before withdrawals. The top lot was Jean-Michel Basquiat's 'Baby Boom' (1982), which sold for $23.4 million with fees, consigned by collector Peter M. Brant. Marlene Dumas's 'Miss January' (1997) achieved $13.6 million, setting a new record for the most expensive living female artist, surpassing Jenny Saville's previous record. Other notable sales included Simone Leigh's 'Sentinel' (2020) at $5.7 million, while works by Ellsworth Kelly and Felix Gonzalez-Torres failed to sell.

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trending_up market schedule May 16, 2025 visibility 22 link 18 artists, 4 galleries

new york frieze auctions 2642395

Frieze New York kicked off at the Shed in Hudson Yards with a notable sale: Jeff Koons's Incredible Hulk sculpture (Tubas) purchased for around $3 million, signaling a reunion between the artist and Gagosian after his departure to Pace in 2021. Despite a cautious market amid President Trump's tariff uncertainties, dealers reported better-than-expected sales on VIP day, with a focus on affordable works in the $50,000-to-$200,000 range. However, challenges emerged including U.S. Customs delays affecting international shipments and tariff confusion that led some fashion designers to withdraw from the Esther II fair.

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museum exhibitions schedule May 14, 2026 visibility 9 link 8 artists, 11 galleries

Latin American galleries dominate at Frieze New York

Frieze New York 2025 features a surge of 14 Latin American galleries from Mexico, Argentina, and Brazil, reversing a trend of withdrawal seen during the first 100 days of Donald Trump’s second presidency. Non-profit support from organizations like Latitude, which helped all eight Brazilian exhibitors, and a concerted effort by Frieze’s Americas team have enabled this increased presence, despite ongoing challenges such as high shipping costs, tariffs, and visa denials—exemplified by Mexican artist Dr Lakra being unable to attend his own show at Kurimanzutto.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Jun 17, 2025 visibility 25 link 49 artists, 10 galleries

Cause for cheer at Art Basel as strong preview-day sales take many galleries by surprise

Major international galleries reported unexpectedly strong sales on the preview day of Art Basel, despite geopolitical tensions, stock market volatility, and uncertainty over US tariffs. Thaddaeus Ropac sold works by Georg Baselitz, James Rosenquist, and Robert Rauschenberg, while Gagosian, David Zwirner, Pace, and Hauser & Wirth also reported multimillion-dollar sales, including a Ruth Asawa sculpture for $9.5 million and a Pablo Picasso painting priced at $30 million. Many dealers expressed surprise at the speed and volume of sales, which defied the broader international environment.

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article policy schedule Apr 13, 2026 visibility 21 link 7 artists

trump executive orders arts 2605142

President Donald Trump’s return to office has triggered a sweeping overhaul of the American cultural landscape through executive orders and the newly formed Department of Government Efficiency (DOGE). Key actions include the dissolution of diversity, equity, and inclusion (DEI) offices at the Smithsonian, the cancellation of thousands of National Endowment for the Humanities (NEH) grants, and the removal of high-profile Biden appointees from the U.S. Holocaust Memorial Museum board. These measures are accompanied by new tariffs and immigration policies that threaten the international art trade and cross-border collaborations.

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article culture schedule Dec 10, 2025 visibility 16 link 8 artists, 2 galleries

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Journalist Bianca Bosker went undercover as a studio assistant for painter Julie Curtiss and other artists, revealing the gritty, athletic reality behind art-making—a world of blood, sweat, and sleepless nights. The article explores how mounting financial pressures, especially for sculptors and installation artists like Ivana Bašić, Erwin Wurm, and Lindsey Mendick, force tough decisions about studio space and production. Bašić, despite critical acclaim, lost a subsidized Dumbo studio and now outsources production to keep costs down, while a growing number of established artists pass on wisdom through residencies and assistant teams.

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museum exhibitions schedule Dec 5, 2025 visibility 20 link 19 artists, 6 galleries

design miami exhibitors art craft design 1234765505

At Design Miami 2025, artist Nicole Cherubini presented monumental ceramic sculptures at Friedman Benda's booth, alongside Molly Hatch's installation of 288 ceramic plates at Todd Merrill's booth. The fair, curated under the theme "Make.Believe" by Glenn Adamson, saw 15 previous exhibitors drop out due to President Trump's tariffs—including a 50 percent tariff on steel and aluminum—while eight more booths appeared overall, dominated by younger, emerging talent and organic, pastel-hued designs. Established galleries like Donzello, Patrick Seguin, and Sarah Myerscough did not return, while first-time exhibitors included Arte y Ritual and Mass Modern Design.

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museum exhibitions schedule Jun 18, 2025 visibility 12 link 1 artist

design miami announces 2025 programming new event seoul 1234745570

Design Miami has announced its 2025 programming for its 20th anniversary year, including a new initiative called Design Miami.In Situ. The schedule features a one-day event in Aspen in July, a 14-day exhibition in Seoul in September, the third edition of its Paris fair in October, and the 21st edition of its flagship fair in Miami Beach in December. The Seoul exhibition, curated by Hyeyoung Cho and held at the Dongdaemun Design Plaza, is a collaboration with the Seoul Design Foundation focusing on Korean collectible design. CEO Jen Roberts described this as the organization's largest global expansion and most ambitious program to date.

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trending_up market schedule May 19, 2025 visibility 9 link 3 artists

leonard blavatnik james dyson idan ofer rich list uk 2025 1234742626

The Sunday Times's 2025 'Rich List' shows that Top 200 collector and art patron Leonard Blavatnik's net worth fell by more than £3.5 billion to £25.725 billion, dropping him to #3 on the UK wealth ranking. The list includes over a dozen collectors from ARTnews's 2024 Top 200 Collectors list, such as James Dyson, Idan Ofer, Viatcheslav Moshe Kantor, Alan Howard, and Mohammed Mahdi al-Tajir, with Ofer noted as one of the top five individuals whose wealth rose most. Other figures mentioned include Simon Reuben, John Fredriksen, Sri Prakash Lohia, Lakshmi Mittal, Elton John, and former Christie's stakeholder Joe Lewis.

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article news schedule May 2, 2025 visibility 8 link 1 artist, 2 galleries

ghantous artworks customs tariffs 2639204

A shipment of artworks by artist Sam Ghantous, destined for a New York exhibition at YveYang Gallery, has been detained at Newark Airport by U.S. Customs. The works, which include prints on silicon wafers, contain materials similar to those used in microchips, leading to potential confusion over trade regulations. The exhibition, titled "your golf course made my GPU," explores the global supply chain of sand and raw materials used in technology. Gallery manager Erica Kyung reported the delay, and the artist noted that the wafers are non-functional and cannot be used in computers.

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trending_up market schedule Apr 23, 2025 visibility 11 link 2 artists, 1 gallery

billionaire art collector ken griffin us eroding brand 1234739652

Billionaire art collector and Citadel CEO Ken Griffin stated that the United States is “eroding” its brand due to economic policy changes during President Donald Trump’s first 100 days. Speaking at Semafor’s World Economy Summit on April 23, Griffin warned that the reputation and creditworthiness of US Treasuries are at risk, citing recent tariff-driven sell-offs of government bonds. He expressed concern about policy volatility undermining the goal of reshoring manufacturing and noted that investors using the euro as a reference have lost 20% of their value in four weeks. Griffin also voiced support for DOGE, the Department of Government Efficiency led by Elon Musk, which has recommended cuts to the National Endowment for the Humanities.

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museum exhibitions schedule Oct 23, 2025 visibility 15 link 4 artists, 3 galleries

art toronto 2025 showcasing indigenous art 1234758460

Art Toronto, Canada's oldest and largest international fair for modern and contemporary art, opens to the public on Friday with a strong focus on Indigenous artists. Over half of the fair's 100-plus booths feature works by Indigenous makers from Canada, Australia, New Zealand, and Latin America. The fair includes a mix of Canadian, European, Latin American, and US galleries, with a dedicated 'Arte Sur' section highlighting Mexican and Central and South American art. Notable exhibitors include Ceremonial Art, Fazakas, Feheley Fine Arts, and N. Smith Gallery, showcasing works by artists such as Ningiukulu Teevee, Shuvinai Ashoona, Gerardo Ramírez, and Manuel Mathieu.

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trending_up market schedule May 29, 2025 visibility 17 link 7 artists, 2 galleries

3 key insights from the art business conference new york 2649146

The sixth edition of the Art Business Conference took place in Midtown Manhattan on May 22, drawing over 200 art professionals including gallery staff, auction-house specialists, and lawyers. Chaired by former Artnet executive editor Julia Halperin and founded by Louise Hamlin, the event featured keynotes and panels addressing the state of the art market, legal challenges, and the impact of tariffs. Christie’s CEO Bonnie Brennan reported a $700 million haul from recent auctions, noting a thin top end but strong activity for female Surrealists and Simone Leigh sculptures. Advisors Megan Fox Kelly and Alex Glauber described the market as 'recalibrating' rather than in crisis, with buyers showing increased selectivity.

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trending_up market schedule May 28, 2025 visibility 19 link 5 artists, 3 galleries

the view from paula tsai 2647042

Paula Tsai, a key figure in Asia's art market, discusses the evolving landscape of collecting in the region, focusing on mainland China and Korea. She notes a surge of new buyers from China, many of whom are young entrepreneurs, while the Korean market remains more mature and stable. Tsai addresses the impact of tariffs on importing art, particularly for Chinese collectors, but asserts that passionate collectors will continue to buy, adjusting timing rather than abandoning purchases. She also highlights the growing Thai market and the complexity of the Chinese market, where established collectors are cautious but new entrants keep activity high.

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museum exhibitions schedule May 16, 2025 visibility 18 link 15 artists, 9 galleries

Tentatively, Photo London's tenth edition moves away from traditional content and crowds

Photo London's tenth edition, under new director Sophie Parker, opened at Somerset House with a deliberate shift away from its traditional focus on established male photographers and celebrity subjects like Kate Moss. The fair eliminated its 'Master of Photography' award and revived the Positions section for unrepresented artists, featuring Palestinian-American Adam Rouhana and British Indian photographer Kavi Pujara. While the main pavilion still showcased familiar names like Sebastião Salgado, newer galleries reported strong early sales, including a £10,000–£15,000 portrait by Chou Ching Hui sold to a Norwegian museum via Taipei's Chini Gallery, and multiple sales at Amsterdam's Hungry Eye Gallery and Paris's Galerie XII.

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trending_up market schedule Apr 18, 2025 visibility 14 link 13 artists, 14 galleries

Regional strength helps insulate Art Dubai from tariff-related turbulence

Art Dubai, running until 20 April, opened as the first major art fair since US President Trump announced global tariffs that nearly triggered a financial crisis. Sales were solid, with most works priced in the low six figures or thousands, insulating the fair from market anxieties. A divide emerged between regional SWANA galleries—which presented the strongest booths—and international galleries from the US, Europe, and Latin America, which seemed uncertain about what to bring. Notable sales included works by Rana Begum, Mehdi Ghadyanloo, Ali Cherri, and Shaikha Al Mazrou, while galleries like Sfeir-Semler, Vigo Gallery, and Experimenter reported strong results.

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article news schedule May 8, 2026 visibility 12 link 8 artists, 3 galleries

Is the US about to be humiliated on the world’s most prestigious cultural stage?

More than 70 prominent international artists have signed an open letter demanding the exclusion of the United States, Israel, and Russia from the 2026 Venice Biennale, accusing those governments of committing war crimes and atrocities. The controversy centers on the US pavilion, which will feature Mexico-based American artist Alma Allen, whose abstract, anodyne sculptures were chosen by a last-minute commissioner with no art-world experience—a luxury pet food store owner from Florida who reportedly gained the role through connections at Mar-a-Lago. The Biennale's five-person jury has already resigned amid the furor, and Russia is returning to the event for the first time since its 2022 invasion of Ukraine.

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trending_up market schedule Dec 16, 2025 visibility 26 link 31 artists, 2 galleries

10 Galleries That Had a Breakout Year in 2025

The article highlights 10 galleries that achieved significant growth and recognition in 2025, despite a challenging market environment marked by tariffs and trade uncertainty. Featured galleries include Tokyo's CON__, which gained global visibility through standout presentations at Frieze Seoul and NADA New York; Munich and New York-based LOHAUS SOMINSKY, which debuted at Art Basel Miami Beach and opened a Tribeca outpost; and Chicago's Hans Goodrich, which quickly established itself with a cross-generational exhibition program and international fair appearances.

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article news schedule Dec 11, 2025 visibility 28 link 19 artists, 1 gallery

From hard borders to soft power: how did the art world fare in 2025?

The article surveys the art world's turbulent 2025, beginning with devastating Los Angeles wildfires that destroyed artworks and the political shockwaves of Donald Trump's re-election. Trump's administration targeted the National Portrait Gallery, whose director Kim Sajet resigned after threats of firing, while immigration crackdowns, tariffs on art imports, and attacks on diversity initiatives chilled the art community. The year also saw Venice residents protest Jeff Bezos's lavish wedding, Trump's gilded Oval Office renovations, and a major Veronese exhibition at the Prado that drew parallels between historical extravagance and decline.

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trending_up market schedule May 9, 2025 visibility 19 link 8 artists, 7 galleries

Tefaf New York: determination in the face of Trump’s tariff chaos

Tefaf New York returns to the Park Avenue Armory with 91 exhibitors from four continents, presenting 7,000 years of art amid uncertainty caused by President Donald Trump's recently announced tariff regime. The fair's director, Leanne Jagtiani, sent a letter to exhibitors acknowledging the "significant impacts" on the industry, assuring them of close communication with shippers and legal advisers, and advocating for the exclusion of artworks from potential EU reciprocal tariffs. While artworks are understood to be exempt, antiques and contemporary works in unconventional materials may be subject to the new tariffs, creating confusion among dealers and collectors.

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trending_up market schedule May 8, 2025 visibility 19 link 12 artists, 1 gallery

Marquee May auctions in New York come at a volatile moment

New York's marquee spring auctions, beginning May 12, are facing significant headwinds from President Donald Trump's second-term policies, particularly the 'Liberation Day' tariffs and resulting stock-market volatility. Phillips deputy chairman Robert Manley confirms at least one eight-figure work was pulled from sale due to tariffs. The combined Modern and contemporary auctions at Christie's, Sotheby's, and Phillips carry an estimated $1.1bn to $1.5bn in art—the lowest total estimate for spring sales since 2010, roughly $250m lower than May 2024. No nine-figure-estimate lots have been consigned, and the number of catalogued lots is the lowest since 2007 (excluding pandemic and recession years). Single-owner collections dominate, with Christie's securing the $200m Leonard and Louise Riggio collection, including a Piet Mondrian estimated at $50m, and works from Anne and Sid Bass. Sotheby's offers collections from dealers Daniella Luxembourg and others.

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article news schedule Apr 6, 2026 visibility 17 link 1 artist

Irreconcilable differences: Canadian cultural tourism to the US experiences a steep decline

Canadian tourism to the United States has plummeted by more than 30% following a period of heightened political tension, including threats of annexation and the imposition of trade tariffs by the Trump administration. This decline is being felt acutely across the northern border states and major cultural hubs, with cities like Seattle, Detroit, and Portland reporting significant drops in Canadian visitors.

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trending_up market schedule Sep 18, 2025 visibility 11 link 5 artists

interest in asian art strong despite challenges art market 1234752590

The autumn edition of Asia Week New York is underway, with auction houses reporting strong interest in Asian art despite broader economic challenges. Bonhams kicked off the week with sales totaling $7.3 million, including Chinese ceramics and snuff bottles, though it offered 47% fewer lots than last year. Top results included a blue-and-white jar selling for $1.75 million and a pair of famille rose dishes for $1.5 million. Christie’s sold a Vasudeo S. Gaitonde painting for $2.35 million and a Tyeb Mehta work for nearly $2 million. New US tariffs under the Trump administration have added uncertainty, particularly for cross-border consignments and purchases.

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trending_up market schedule Apr 14, 2026 visibility 31 link 6 artists

Which Country’s Art Market Came Out on Top in 2025?

The United States solidified its position as the world's leading art market in 2025, with fine-art auction sales rising 25.3 percent to reach $5.4 billion. Despite early volatility caused by trade tariffs, a surging stock market and cooling inflation fueled a massive November auction season in New York, where nine of the year's ten most expensive artworks were sold. In contrast, China's market contracted by nearly 11 percent due to a persistent property crisis, while the United Kingdom and France saw significant growth, with Paris benefiting from the momentum of Art Basel Paris.

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