The Art Market Year in Review

The art market experienced a turbulent 2025, beginning with a 12% decline in sales from 2024, following a 3% drop in 2023, as reported by the Art Basel and UBS Global Art Market Report. Major auction houses Christie’s, Sotheby’s, and Phillips saw average sales fall 6% in the first half of the year. However, the market rebounded by autumn, with strong sales at London and Paris art fairs and a 15% year-on-year increase in auction sales at the three main houses by December, according to Pi-eX. Key events included Sotheby’s failed sale of Alberto Giacometti’s *Grand tête mince* in May, followed by a record-breaking $236 million sale of Gustav Klimt’s *Portrait of Elisabeth Lederer* in November, and a $31.4 million record for François-Xavier Lalanne’s *Hippopotame Bar*.

‘The Ballad of Sexual Dependency’: entire Nan Goldin series gets first-ever UK show

Gagosian gallery in London will present the first-ever UK exhibition of Nan Goldin's complete series 'The Ballad of Sexual Dependency' (126 prints, 1973-1986) at its Davies Street location from January 13 to March 21, 2025. Simultaneously, the gallery's Grosvenor Hill space will host 'Richard Avedon: Facing West,' featuring 21 portraits from Avedon's 'In the American West' series, including several unseen since 1985. Both exhibitions mark the 40th anniversary of the publication of the two landmark photography books.

10 Art Shows to See in Los Angeles This December

This December, Los Angeles presents a diverse array of art exhibitions that engage with contemporary social issues, cultural protest, and new possibilities. Highlights include Alan Luna's subversive reinterpretations of Mexican history and American modernism at the new La Plaza Projects, a group show at The Box featuring nearly 200 artists challenging normative sexuality, and Daniel T. Gaitor-Lomack's assemblages at Night Gallery that poetically repurpose discarded objects from LA streets. Other notable shows include Edith Dekyndt and Richard Long's dialogue on nature at Okey Dokey Konrad Fischer, and Sam Shoemaker's performance-based mushroom boat project at Fulcrum Arts.

Digital art is going mainstream

Digital art has achieved mainstream acceptance in the art world, ranking third in total spending among high-net-worth collectors after painting and sculpture, according to The Art Basel and UBS Survey of Global Collecting 2025. Over half of the 3,100 respondents purchased a digital artwork in 2024 or 2025, and the average share of digital art in collections rose from 3% in 2024 to 13% in 2025, signaling a maturation beyond the NFT boom of 2022. Art Basel is launching a new section called Zero 10 at Miami Beach 2025, featuring 12 exhibitors including AOTM, bitforms gallery, and Pace Gallery, with an interactive installation by Beeple. Major museums like MoMA, Tate Modern, and Centre Pompidou have hosted significant digital art exhibitions, further boosting collector confidence.

Exclusive: Philadelphia Art Museum to host sensational Van Gogh exhibition featuring two ‘Sunflowers’

The Philadelphia Museum of Art will host a major exhibition titled *Van Gogh’s Sunflowers: A Symphony in Blue and Yellow* from June 6 to October 11, 2026, bringing together two iconic Sunflower paintings: the museum’s own turquoise-background version (January 1889) and the original yellow-background version (August 1888) from London’s National Gallery. This marks a rare international loan for the London painting, which has only traveled abroad four times since 1924. The exhibition will explore Van Gogh’s use of color and brushwork, and will reunite the two canvases in a triptych arrangement with *La Berceuse* (January 1889, Museum of Fine Arts, Boston), as originally envisioned by the artist in a letter to his brother Theo.

How Art Week Tokyo is opening up routes into Japan’s contemporary art landscape

Art Week Tokyo, which launched in November 2021 during border closures, has adopted a unique "post-art fair" model that forgoes a traditional art fair in favor of connecting museums and galleries across Tokyo via free buses and inviting international art professionals. The fourth full edition coincides with three major Japanese art festivals—the Aichi Triennale, Okayama Art Summit, and Setouchi Triennale—creating a powerful autumn art season. Key highlights include AWT Focus, a selling exhibition at the Okura Museum of Art curated by Adam Szymczyk, featuring over 50 artists with increased international gallery participation, and the museum exhibition "Prism of the Real: Making Art in Japan 1989-2010" at the National Art Center, Tokyo, curated by Doryun Chong.

5 Must-See Comic Art Shows Lighting Up New York

New York Comic Con returns to the Javits Center from October 9–12, 2025, bringing a pop culture celebration of comics, toys, video games, and cosplay. This year's edition features a special panel by the Lucas Museum of Narrative Art, moderated by Martin Scorsese with artists JR, Boris Vallejo, and Julie Bell. Meanwhile, the late fantasy artist Frank Frazetta set a new record for comic art with a $13.5 million sale at Heritage Auctions. Beyond the convention, several exhibitions across the city highlight comic art, including "¡Wepa! Puerto Ricans in the World of Comics" at the New York Public Library and "Super Duper" at the Metropolitan Opera House, which features works by Art Spiegelman, George Condo, and Dana Schutz.

The Storm Hits the Art Market

The article reports on the severe downturn in the art market during the first half of 2025, focusing on the closure of New York-based Clearing gallery. Despite opting out of Art Basel to host an alternative exhibition in a rented villa to cut costs, the gallery could not survive its financial losses and announced bankruptcy in August. It is one of several prominent galleries—including Blum, Venus Over Manhattan, and Kasmin—that have closed amid falling sales, high overheads, and reduced collector spending.

Baltimore Museum of Art to Host Amy Sherald Show After Artist’s Smithsonian Withdrawal

Amy Sherald has moved her touring exhibition "American Sublime" to the Baltimore Museum of Art (BMA) after withdrawing it from the National Portrait Gallery (NPG) over censorship concerns. The show, previously at the Whitney Museum of American Art, will open at the BMA on November 3 and run until April 5, 2026. Sherald pulled the exhibition from the Smithsonian-affiliated NPG after she said the institution wanted to replace her painting "Trans Forming Liberty" (2024), which depicts the Statue of Liberty as a trans woman, with a video providing context on transgender issues. The BMA, which had already planned to honor Sherald with its "Artist Who Inspires" award, will feature works including her portrait of Michelle Obama, "Breonna Taylor" (2020), and the contested painting.

Big Galleries Are Racing to Sign Emerging Artists. It’s Changing Everything

Major blue-chip galleries like Gagosian, Hauser & Wirth, Pace, and White Cube are increasingly signing emerging artists earlier in their careers, bypassing the traditional trajectory where young artists would first develop with smaller galleries over many years. Examples include George Rouy joining Hauser & Wirth at age 30, Pam Evelyn joining Pace at 27, and Sasha Gordon joining David Zwirner in 2024. This shift comes amid a contracting art market where aggregate dealer sales fell 6% between 2023 and 2024, while smaller galleries with turnover under $250,000 saw sales grow 17%. Ultra-contemporary auction sales dropped 37.9% in the same period, signaling a cooling of speculative buying.

Behind-the-scenes Beatles photographs shot by Paul McCartney to go on sale at Gagosian London

Gagosian London will present 'Rearview Mirror: Liverpool–London–Paris' from August 28 to October 4, showcasing behind-the-scenes photographs taken by Paul McCartney between December 1963 and February 1964. The images, remastered from long-lost negatives and contact sheets, capture pivotal moments in the Beatles' early fame, including their Paris residency at the Olympia Theatre and their appearance on BBC's Juke Box Jury. The prints are signed by McCartney, available in editions of six to ten, and priced between $20,000 and $85,000. The exhibition follows a larger presentation at Gagosian Beverly Hills earlier this year.

Amy Sherald Withdrew 'American Sublime' Exhibition From Smithsonian National Portrait Gallery, Citing 'Culture of Censorship'

Amy Sherald has withdrawn her exhibition 'American Sublime' from the Smithsonian's National Portrait Gallery, citing a 'culture of censorship' after the museum raised concerns about including her painting 'Trans Forming Liberty' (2024), a portrait of a trans woman posed like the Statue of Liberty. The show, slated to open in September, would have been the first solo exhibition of a Black female artist at the museum since it opened in 1968. Sherald stated that institutional fear shaped by political hostility toward trans lives influenced the museum's request to remove the work, and she decided to cancel the show to preserve the integrity of her vision.

On View: 'Amy Sherald: American Sublime' at Whitney Museum of American Art in New York Charts Artist's Two-Decade Career

The Whitney Museum of American Art in New York has opened "Amy Sherald: American Sublime," the largest exhibition of the artist's work and her first solo museum show in the city. Featuring over 40 paintings created between 2007 and 2024, the exhibition includes iconic portraits of Michelle Obama and Breonna Taylor, as well as works inspired by Alfred Eisenstaedt's famous photograph and filmmaker Wes Anderson. The show is organized chronologically, beginning with the rarely seen "Hangman" (2007), and includes "If You Surrendered to the Air, You Could Ride It" (2020), shown for the first time since its acquisition by the Whitney five years ago.

Basel native Irène Zurkinden makes a long-overdue return

Kulturstiftung Basel H. Geiger has opened a two-room exhibition dedicated to Basel native Irène Zurkinden (1909-87), her first major hometown show since the 1980s. The exhibition spans portraits, self-portraits, still-lifes, landscapes, drawings, and several sketchbooks on public view for the first time. Zurkinden studied fashion illustration in Basel before finishing her training at Paris’s Académie de la Grande Chaumière, inspired by Henri de Toulouse-Lautrec. She lived between Paris and Basel and was close friends with Meret Oppenheim, whose portrait by Zurkinden, Meret à l’orange (1932-35), is in Kunstmuseum Basel’s permanent collection and included in the show.

Culture Type | The Month in Black Art: Here’s What Happened in May 2025

The May 2025 roundup of Black art news reports the deaths of two influential figures: international curator Koyo Kouoh and artist-curator Evangeline J. Montgomery, who died at 94. Montgomery's career spanned metalwork, fiber art, and photography, and she was a key advocate and mentor in the African American art community, later working at the U.S. Information Agency. Other highlights include historian Edda L. Fields-Black winning a Pulitzer Prize for her book on Harriet Tubman, the acquisition of Adam Pendleton's entire "Who is Queen" installation by MoMA, and Kapwani Kiwanga winning the Joan Miró Prize. The Met Gala also featured Black dandy style inspired by the Costume Institute's exhibition "Superfine: Tailoring Black Style."

Folklore, mythology and tradition: five must-see shows at London Gallery Weekend

London Gallery Weekend features several exhibitions that draw on folklore, mythology, and traditional processes, offering a counterpoint to the AI-dominated art world. The article highlights five female artists whose shows span from Argentina to Australia to South Korea: Anna Perach at Richard Saltoun explores ancient folklore and identity through tufted sculptures; Francis Upritchard at Kate MacGarry presents uncanny sculptures inspired by mythology and science fiction; and Soyoung Hyun at IMT Gallery examines memory and ritual through clay vessels and shadow works. Other shows include indigenous Aboriginal artist Emily Kam Kngwarray and New Zealand-born Upritchard, who borrows from diverse cultural sources.

The Art Market Defies Doom and Gloom With Independent, Esther and Future Fair in Full Swing

New York City is hosting an unprecedented concentration of art fairs this week, with over nine fairs running simultaneously, including Independent, Esther, and Future Fair. Independent, held at Spring Place in Tribeca, opened on May 8 and is positioning itself as a boutique, hyper-curated alternative to mega-fairs like Frieze, featuring mostly solo presentations. Early sales were reported by several galleries: Europa sold works by Suyi Xu ($9,000–$20,000), Long Story Short sold six works by Keita Morimoto (up to $26,000), Charles Moffett nearly sold out his booth of Julia Jo ($10,000–$45,000), The Approach sold four works by John Maclean ($13,500 or less), and Copperfield presented works by Ada Patterson ($8,000–$23,000).

‘Emergent Figures’ Carves Space for Thai Artists in a Global Canon

Frieze published a critic's guide titled 'Emergent Figures' Carves Space for Thai Artists in a Global Canon, which highlights a group exhibition featuring Thai artists at a venue in Brussels during Art Brussels. The show aims to present Thai contemporary art within a broader international context, moving beyond regional stereotypes. The article is part of a larger guide that also includes recommendations for other must-see shows during the fair, such as Richard Tuttle at Galerie Greta Meert and Lutz Bacher at WIELS.

Franco Vaccari Recasts the Viewer as Creator

Franco Vaccari, a pioneering Italian artist associated with Arte Povera and conceptual art, is the subject of a new exhibition that repositions the viewer as an active participant in the creative process. The show, featured in Frieze's Critic's Guides, highlights Vaccari's interactive works, including his famous photomatic booth installations where visitors become both subject and author of the artwork.

The great Cézanne exhibition and collector Deodato Salafia on Artbox on Sky Arte

La grande mostra su Cézanne e il collezionista Deodato Salafia ad Artbox su Sky Arte

The latest episode of Artbox on Sky Arte features a deep dive into the major Paul Cézanne retrospective at the Fondation Beyeler in Basel, curated by Ulf Küster. The program explores the French painter's late-career obsession with the act of seeing and his use of color patches to redefine nature on canvas. Additionally, the episode highlights the exhibition "Virtue and Grace: Female Figures in Baroque Painting" at La Galleria Bper in Modena, featuring insights from curators Sabrina Bianchi and Lucia Peruzzi.

The Metropolitan Museum of Art and the Ronald S. Lauder Neue Galerie New York Announce Plans for a Landmark Merger

The Metropolitan Museum of Art and the Ronald S. Lauder Neue Galerie New York have announced a landmark merger agreement, set to take effect in 2028. The merger will unite the Neue Galerie's collection of 20th-century Austrian and German art—including Gustav Klimt's *Portrait of Adele Bloch-Bauer I*—with The Met, while preserving the Neue Galerie's distinct museum experience. Ronald S. Lauder and his daughter Aerin Lauder Zinterhofer plan to donate 13 additional paintings from their personal collection, and several Met trustees have pledged significant endowment gifts to support the integration and long-term operations.

The 10 Best Museum and Gallery Shows to See in the Bay Area This Summer

The article highlights ten notable museum and gallery exhibitions opening in the Bay Area during summer 2026, including Ranu Mukherjee's solo show 'The Long Middle' at Gallery Wendi Norris, a group survey 'Slice of the Pie' at Fraenkel Gallery featuring 14 Bay Area galleries, and 'Giant Steps' at Personal Space in Vallejo focusing on innovative ceramic works. Other featured shows include Will Yackulic's 'A Certain Slant of Light' at pt.2 in Oakland and several other exhibitions across San Francisco and Oakland.

9 Must-See Summer Shows in Upstate New York

Galerie magazine has compiled a curated list of nine must-see summer art exhibitions in upstate New York, highlighting the region's growing cultural significance. Featured shows include a Leonora Carrington survey at the Katonah Museum of Art, a historical exhibition on the Baghdad Modern Art Group at CCS Bard Galleries, and a collaborative installation by Antonio Marras and Maria Lai at Magazzino Italian Art. Other venues include The School in Kinderhook, The Campus near Hudson, Sky High Farms in Germantown, and the Edward Hopper House Museum & Study Center.

51% of Men Say Mona Lisa "Should Smile More"

A new visitor experience survey at the Louvre Museum has revealed that 51% of male respondents believe Leonardo da Vinci's Mona Lisa "should smile more." The finding highlights a specific demographic's critique of the artwork's famously enigmatic expression.

Urgent Request from Participating Artists and Curators of the 61st Venice Biennale

第61回ヴェネツィア・ビエンナーレ参加アーティストおよびキュレーターによる緊急要請

A group of 73 artists and curators participating in the 61st Venice Biennale, including Yoshiko Shimada and Bubu de la Madeleine, have issued an urgent demand to the Biennale's board to revoke Israel's participation. The collective specifically objects to the decision to relocate the Israeli pavilion to the Arsenale, arguing that its presence contradicts the curatorial vision of Artistic Director Koyo Kouoh, which emphasizes the dignity of all life. They contend that the military and police presence required for the pavilion introduces an atmosphere of violence and fear that undermines the exhibition's integrity.

Les vernissages cette semaine dans les galeries parisiennes

This week, several Parisian galleries are opening new exhibitions, with a concentration in the Marais district. Highlights include Olivier Kaeppelin's group show of four female painters at H Gallery, Mamma Andersson's works on paper at David Zwirner, Lucio Fontana's ceramics at Karsten Greve, Michel François's entropic ensembles at Art: Concept, and Anselm Kiefer's show at Thaddaeus Ropac in Pantin. Other notable openings include Linda Sanchez at Galerie Papillon, Chechu Álava at Galerie Xippas, and group exhibitions at Galerie Allen and Galerie The Pill.

Sinners, Maurizio Cattelan Is Taking Confession

Maurizio Cattelan has launched a participatory artwork and sales campaign titled 'The Confessional,' where people can call a hotline to submit their sins for his consideration. Selected participants will be invited to a livestreamed event on April 23 where Cattelan, acting as a priest, will absolve them. The project is tied to the re-release of his controversial 1999 sculpture 'La Nona Ora,' a miniature wax figure of Pope John Paul II struck by a meteorite.

‘Let Us Gather In a Flourishing Way’ Convenes 58 Artists to Survey Contemporary Latinx Painting

A major exhibition titled 'Let Us Gather In a Flourishing Way' has opened at the Buffalo AKG Art Museum, featuring 58 artists in a comprehensive survey of contemporary Latinx painting. The show, curated by Andrea Alvarez over several years, is organized into seven thematic sections and is designed as a fluid, conversational space that celebrates community and cultural convergence.

Tate announces major David Hockney, Edvard Munch and Sonia Boyce exhibitions for 2027

Tate has announced its 2027 exhibition program across its four UK sites. Major shows include a Lynda Benglis exhibition and an Edvard Munch show at Tate Modern, a Sonia Boyce retrospective at Tate Britain, and two exhibitions celebrating David Hockney's 90th birthday. The program also features Tate Modern's first Monet exhibition, the UK's first solo show for Algerian artist Baya, a survey of Nalini Malani, and a major exhibition on Asian ink painting.

Ides Kihlen, Abstract Painter and Argentine Art Legend, Dies at 108

Ides Kihlen, the beloved Argentine abstract painter, died on April 14 at age 108. Her first solo exhibition came at age 85 in 2002 at the National Museum of Decorative Arts in Buenos Aires, after which her career blossomed with presentations at institutions including the Museum of Modern Art of São Paulo and the Emilio Caraffa Fine Arts Museum. Known for rhythmic compositions blending geometric forms, experimental line work, and collage on varied supports, Kihlen maintained a daily routine of painting from morning and playing piano after sunset, reflecting her lifelong dual commitment to art and music.