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us antiques and decorative arts hit hard by trump tariffs

Import tariffs imposed by the Trump administration on October 14 are causing unintended harm to the international trade of antiques and decorative arts. The executive order, signed on September 29, placed 25 percent tariffs on wood imports and products like upholstered furniture and kitchen cabinets, with further increases scheduled for January 1, 2026. While painting, sculpture, and fine art are exempt under the 1977 International Emergency Economic Powers Act, collectibles such as antique furniture, watches, wine, and classic cars are not protected. Dealers like Millicent Ford Creech and Michael Pashby report that the costs are unpredictable and largely absorbed by businesses, with shippers struggling to quote rates amid constant fluctuations.

pemberton asset management buys bonhams from private equity firm epirus for undisclosed sum

Pemberton Asset Management, a European private credit manager backed by Legal & General, has acquired the auction house Bonhams from private equity firm Epiris for an undisclosed sum. The acquisition led to the departure of Bonhams's global CEO Chabi Nouri and chief commercial officer Céline Assimon, with a new senior leadership team appointed including Seth Johnson as CEO, Liese Thomas as CFO, and Jennifer Babington as COO. Bonhams chairman Hans-Kristian Hoejsgaard will remain in his role, while Chris Ellerker and Mohit Agarwal from Pemberton join the board.

family of israeli graffiti artist who died in hamas captivity demands return of her body after ceasefire

As part of the recent ceasefire deal brokered by the Trump Administration, Hamas returned 20 living hostages and four bodies of deceased hostages to Israel on Monday, but failed to return all 28 bodies as agreed. Among the deceased is Israeli graffiti artist and art student Inbar Haiman, known as “Pink,” who was abducted at age 27 from the Nova Music Festival on October 7. Her family is demanding the return of her remains, with her aunt Hannah Cohen emphasizing the need for closure. The Hostages and Missing Families Forum condemned the incomplete return as a violation of the agreement, and Israel has threatened consequences if the remaining bodies are not handed over.

frieze acquisition finalized mari ari emanuel

Ariel Emanuel, through his newly formed company Mari, has finalized the acquisition of Frieze, which includes its magazine, seven art fairs worldwide, and two exhibition spaces. The deal also encompasses tennis events like the Miami Open and Madrid Open, along with a majority stake in the collector car auction house Barrett-Jackson. The acquisition was first announced in May and reportedly valued at $200 million, with financial backing from investors including Apollo, RedBird Capital Partners, and the Qatar Investment Authority. Mari will be led by Emanuel and Mark Shapiro, with Simon Fox remaining as CEO of Frieze.

lawsuit dismissed yuga labs bored ape yacht club nfts howey

A federal judge dismissed a class action lawsuit against Yuga Labs, the company behind the Bored Ape Yacht Club NFT collection, ruling that its digital assets—including Bored Ape NFTs and ApeCoin—do not qualify as securities under the Howey test. Plaintiffs Adonis Real and Adam Titcher had alleged that Yuga Labs colluded with celebrities like Justin Bieber, Madonna, and Steph Curry, as well as talent agent Guy Oseary and crypto platform MoonPay, to inflate prices and violate securities laws. Judge Fernando Olguin found that while the plaintiffs satisfied one prong of the Howey test—expectation of profits from others' efforts—they failed to meet the other requirements, leading to the dismissal.

milton esterow artnews editor dead

Milton Esterow, the award-winning journalist who owned and edited ARTnews for 42 years, died on Friday at age 97. His death was confirmed by his daughter Judith Esterow, a former associate publisher of the magazine. Esterow purchased ARTnews in 1972 from Newsweek and transformed it into a news-focused powerhouse, winning a National Magazine Award and two George Polk Awards. He introduced the influential ARTnews Top 200 Collectors list in 1990 and was known for his relentless investigative journalism, particularly on Holocaust art restitution. He continued writing into his 90s, using his 1950 Royal typewriter.

trump epstein statue dc returns national mall

A controversial 12-foot-tall statue depicting President Donald Trump and convicted sex offender Jeffrey Epstein has returned to Washington, D.C.'s National Mall after being removed by the National Parks Service late last month. Originally titled *The Secret Handshake*, the work was created by anonymous artists to "celebrate" Trump's ties to Epstein during Friendship Month, and features plaques with a message Trump allegedly wrote to Epstein. The National Parks Service cited the statue's height as non-compliant with its permit, and the artists accused the Trump administration of suppressing free speech. The statue has since been repaired and retitled *Why Can't We Be Friends?*.

art basel paris avant premiere initiative

Art Basel Paris has announced a new ultra-VIP preview program called "Avant Première" for its upcoming edition at the Grand Palais. Scheduled for Tuesday, October 21, from 3 p.m. to 7 p.m., the initiative allows all 203 participating galleries to invite select clients for an exclusive early viewing, ahead of the fair's official VIP days on October 22–23. The fair declined to disclose how many invitations each gallery can extend. The program was first reported by the Baer Faxt, and Art Basel CEO Noah Horowitz described it as "for the market, by the market."

forged polish painting returns to the national museum in poznan poland

A painting long attributed to Polish Realist painter Józef Pankiewicz and held by the National Museum in Poznań has been revealed as a forgery. The work, titled 'Vegetable Market at Żelaznej Bramy Square in Warsaw' and dated 1888, was awarded a silver medal at the 1889 Universal Exposition in Paris and acquired by the museum in 1948. In 2017, scholar Michał Haake noticed discrepancies between the museum's version and historical reproductions, prompting an investigation. Conservators removed overpainting and found that the canvas, pigments, and composition differed from the original, with Pankiewicz's signature added after completion. The forgery, now attributed to an unidentified early 20th-century artist, is back on display alongside a photo of the original in the exhibition 'Succumb to Illusion.' The original painting has been missing since 1890.

federal court rules gender ideology ban on art endowments unconstitutional

A Rhode Island federal court ruled on Friday that National Endowment for the Arts (NEA) grants do not have to comply with President Trump’s executive order banning “gender ideology.” The order, introduced in February, prohibited federal funds from being used to promote the idea that males can identify as women and vice versa, and was applied to the NEA grant application process. The ACLU’s Rhode Island branch filed a lawsuit in March on behalf of several theaters, arguing the policy violated First Amendment rights by restricting the types of works that could receive funding. Judge William E. Smith, appointed by former President George W. Bush, found the policy unconstitutional, noting that the 1965 law establishing the NEA requires grants to be awarded solely on merit. A subsequent “final notice” allowing the NEA chair to review applications on a case-by-case basis was also struck down as a viewpoint-based restriction on artists’ speech.

charlie kirk statue florida new college

New College of Florida, a public liberal arts school in Sarasota that was overhauled by Governor Ron DeSantis in 2023 to become a conservative institution, announced on September 17, 2025, that it will commission a statue of Charlie Kirk, the right-wing activist and founder of Turning Point USA who was assassinated in Utah the previous week. The statue, privately funded by community leaders, will depict Kirk seated at a table with two empty chairs, speaking into a microphone, and is intended to honor his legacy and commitment to free speech and civil discourse on campus.

yemen national museum damaged israeli air strikes

The National Museum of Yemen was damaged during Israeli airstrikes on Sanaa on Wednesday, according to the Houthi Ministry of Culture. The bombardment, part of escalating regional tensions linked to the Gaza war, killed 45 people and injured 165. Video footage shows the museum courtyard littered with rubble, and its windows and doors destroyed, though the building remains standing. The museum had only reopened in May 2023 after a decade-long closure due to Yemen's civil war.

gaza artifacts removed school building

Archaeological treasures from Gaza's five main archaeological sites were evacuated from the French Biblical and Archaeological School of Jerusalem's storehouse in Gaza City, following an Israeli order to vacate the building before a threatened military strike. The operation, described by school director Olivier Poquillon as a "high-risk" and "last-minute rescue," involved improvised transport and logistics in a context where almost no international actors remain on the ground. The relics include artifacts from a fourth-century monastery designated as a UNESCO World Heritage site.

neuehouse files bankruptcy shutters locations

NeueHouse, a high-end coworking space known for hosting art events, filed for Chapter 7 bankruptcy to liquidate its assets and closed all its locations on September 5. The company cited legacy liabilities as the reason for its demise, though specific debts remain unclear. NeueHouse had locations in New York, Hollywood, and Venice Beach, and was a hub for the art, fashion, media, and entertainment industries, cohosting events with ARTnews sister publication Art in America and Artnet.

france returns colonial era human remains to madagascar

France has returned three colonial-era human skulls to Madagascar, including one believed to belong to King Toera, a Malagasy king executed by French troops in 1897. The skulls were handed over to Malagasy representatives at the French Culture Ministry on Monday, after being held in Paris’s National Museum of Natural History. French Culture Minister Rachida Dati called the return “historic,” while her Malagasy counterpart Volamiranty Donna Mara described it as healing an “open wound” after 128 years.

burmese artist sai exhibition bangkok arts cultural center

An art exhibition at the Bangkok Arts and Cultural Centre titled “Constellation of Complicity: Visualising the Global Machine of Authoritarian Solidarity” was censored after repeated visits by Chinese embassy representatives. The show, featuring exiled artists from China, Russia, Iran, and Burma, had black paint applied over artists' names and descriptions of homelands such as Tibet, Hong Kong, and Xinjiang. Works by Tibetan artist Tenzin Mingyur Paldron were particularly affected, with television screens showing her films switched off and Tibetan and Uyghur flags removed. Burmese artist Sai told BBC News that since the censorship, he and his wife fled to the UK to seek asylum.

david chichkan ukraine artist dead battle russia

David Chichkan, a Ukrainian artist known for his explicitly political and often censored work, has died at age 39. The Ukrainian culture ministry reported that his heart stopped after he was wounded in battle against Russian troops. Chichkan founded the Libertarian Club of Underground Dialectics in 2014 and staged provocative exhibitions, including one about the 2013–14 Maidan revolution that was vandalized by masked intruders. He enlisted in the Ukrainian Armed Forces in 2024 as a mortar operator, after being unable to serve earlier for health reasons, and continued to create art depicting antiauthoritarian soldiers until his death.

ugly and pornographic mermaid statue removed copenhagen

The Danish government has ordered the removal of a 13-foot tall mermaid statue known as the "Big Mermaid" from Dragør Fort in Copenhagen, following years of criticism that it is sexualized, ugly, and pornographic. The sculpture, inspired by Hans Christian Andersen's fairy tale, was installed without permission on a protected monument site overseen by the Agency for Culture and Palaces, which determined it disrupts the fort's military structure. Critics including Sorine Gotfredsen and Mathias Kryger condemned the work, while entrepreneur Peter Bech, who commissioned it, defended the statue's proportions.

confederate general monument reinstalled trump

The National Park Service announced it will reinstall a statue of Confederate General Albert Pike in Washington, D.C., after it was toppled and burned by protesters during the 2020 Black Lives Matter demonstrations. The agency shared an image of the bronze work being cleaned of corrosion and graffiti, citing federal historic preservation law and recent executive orders to restore pre-existing statues in the nation's capital. The statue is expected to return to public view in October, with site preparation beginning soon to repair its damaged masonry plinth.

us appeals court yuga labs bored ape nfts ryder ripps

A US appeals court overturned an $8.8 million judgement against artist Ryder Ripps and his business partner Jeremy Cahen, who were previously ordered to pay Yuga Labs, creator of the Bored Ape Yacht Club (BAYC) NFTs, for creating copycat NFTs. The 9th US Circuit Court of Appeals ruled on July 23 that Yuga Labs had not sufficiently proven that Ripps and Cahen's tokens would confuse buyers. The case, originally filed in June 2022, alleged trademark infringement, false advertising, and cybersquatting. Ripps and Cahen argued their works were satirical appropriation art, while Yuga Labs denied claims of racism tied to the BAYC imagery. The ruling sends the case back to federal court for a trial on trademark and cybersquatting claims.

phillips auction house new priority bidding structure

Phillips auction house will launch a new "priority bidding" fee structure this September, offering a lower buyer's premium rate to bidders who place a binding written bid at least 48 hours before a live auction, provided the bid meets or exceeds the lot's low estimate. The standard buyer's premium will remain at 29/22/15 percent for New York sales, while priority bidding rates drop to 25/20/14 percent. The policy applies to live auctions across New York, London, Hong Kong, Geneva, and Paris, but excludes watch auctions and timed online-only sales.

wetransfer changes terms licensing rights ai

WeTransfer, the cloud-based file transfer company widely used by art institutions, updated its terms of service on July 14 to include a clause granting the company a perpetual, royalty-free license to use uploaded content for training machine learning models and creating derivative works, which it could monetize without compensating users. After widespread criticism from the art community, including post-production professional Ashley Lynch, who noted conflicts with non-disclosure agreements, WeTransfer removed the controversial language and issued a statement assuring users that it does not use their content to train AI or machine learning models.

man arrested stone of destiny scottish museum

A 35-year-old man wearing a kilt was arrested at Perth Museum in Scotland on July 12, 2025, after allegedly breaking the glass protecting the Stone of Destiny, a 336-pound historical artifact central to British coronations. The museum was evacuated as a precaution, and no artifacts were damaged. The man is set to appear at Perth Sheriff Court, and the Stone of Destiny display remains closed.

galileo 1 5 million sale auction record

A rare first edition of Galileo Galilei's 1605 publication *Dialogo de Cecco di Ronchitti da Bruzene in perpuosito de la stella Nuova* sold for £1.1 million ($1.5 million) at Christie's London's Valuable Books and Manuscripts sale on July 9, roughly double its presale estimate. The work, Galileo's first publication, has not appeared on the market in over a century, and only seven other complete copies are known, all held by institutions such as the Berlin State Library and All Souls College at Oxford University.

archaeologists peru ancient 3500 year old city penico

Peru’s Ministry of Culture has unveiled the archaeological site of Peñico, a 3,500-year-old city in the province of Huaura, after eight years of research and conservation. Dating back to 1800 BCE, the “City of Social Integration” was strategically built to enhance monumentality, prevent flooding, and promote trade. It likely served as a hub linking Pacific coast cultures with the Andes and Amazon. Archaeologist Ruth Shady, director of the Caral Archaeological Zone, led the research and noted that Peñico emerged after the Caral civilization was devastated by climate change. The site includes 18 structures, among them a major administrative building with depictions of conch shell trumpets called pututus, and yielded artifacts such as clay sculptures, necklaces, and stone tools. The site opened for tourism on July 3, with a traditional Andean festival planned for July 12.

remnants enaissance equestrian statue french dig

Archaeologists from INRAP (the National Institute of Preventive Archaeological Research) have unearthed a Renaissance-era limestone equestrian statue in Toul, northeastern France. The statue, broken into 27 pieces, was found buried under a roadway among the remains of a medieval gate demolished around 1700. The largest fragment measures about three-and-a-half feet, and the intact work would have stood over five feet high. The horse's trunk and head are preserved, along with the rider's hips and upper thighs, but the rider's head and limbs are missing, making identification uncertain. INRAP suggests the rider may have been Henry II, King of France, or more likely John III of Lorraine, Cardinal of Lorraine and Bishop of Toul, and that Italian artists may have been involved in its creation.

germany colonial restitution conduct

Germany's culture minister Monika Grütters has released a 130-page code of conduct for museums, titled "Guide to Dealing With Collection Goods From Colonial Contexts," which outlines methods for identifying and confronting colonial-era artifacts in German collections. The guidelines, published by the German Association of Museums, include best practices for provenance research, a list of former and current colonies, and alternatives to full restitution such as long-term loans and joint custody agreements. The release coincides with the Prussian Cultural Heritage Foundation's official ceremony returning nine artifacts to Indigenous Alaskan communities, and follows increased pressure from public outcry over the Humboldt Forum and similar restitution efforts by French president Emmanuel Macron.

trump administration violated law withholding institute of museum and library services funds

The Government Accountability Office (GAO) issued a decision on Monday finding that the Trump administration violated the Impoundment Control Act of 1974 by withholding congressionally appropriated funds from the Institute of Museum and Library Services (IMLS). In March, President Trump signed an executive order calling for the elimination of the IMLS, and in April the agency was gutted by the Department of Government Efficiency (DOGE), placing its entire 75-person staff on leave. The GAO determined that the IMLS ceased performing its legal duties and withheld funds intended for museums and libraries, and that the administration could not justify the withholding.

work of the week krishna kanwal

A rare painting by Indian modernist Krishna Kanwal (1910–1993) sold for £152,800 ($207,573) at Bonhams London on June 5, setting a new auction record for the artist. Titled *Portrait of His Holiness the 14th Dalai Lama at His Enthronement*, the work came from the collection of British diplomat Sir Basil Gould and depicts the 1940 enthronement ceremony of the four-year-old Dalai Lama. The sale also included a group of 40 watercolors by Kanwal that fetched £457,600, and the 49-lot dedicated sale of Gould's collection achieved £951,770 with a 96% sell-through rate.

looted antiquities sold facebook marketplace palmyra syria

Thieves in Syria are looting ancient artifacts from archaeological sites like Palmyra, a UNESCO World Heritage city dating back to the 3rd century BCE, and selling them on Facebook Marketplace. The looting has surged since the overthrow of former president Bashar al-Assad in December, with traffickers listing funerary gold, statues, and mosaics alongside ordinary secondhand goods. The Antiquities Trafficking and Heritage Anthropology Research (ATHAR) Project reports that nearly one-third of its 1,500 Syrian cases occurred in December alone, and sales are happening faster than ever—mosaics that once took a year to sell now move in two weeks.