filter_list Showing 140 results for "MACRO" close Clear
dashboard All 140 article news 54museum exhibitions 27gavel restitution 16article policy 15person people 12trending_up market 10article local 3candle obituary 3
date_range Range Today This Week This Month All
Subscribe

by the numbers christies riggio 2643724

Christie’s New York held the spring season’s largest single-owner auction, the Leonard & Louise Riggio collection, on Monday evening. The sale achieved $271.9 million total with a 97% sell-through rate by lot, led by Piet Mondrian’s *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) at $47.6 million. However, a detailed analysis reveals that the hammer total fell $26 million short of the guarantee, and 93% of the value was pre-sold to third-party backers, leaving Christie’s with a razor-thin margin of roughly 7.8% before marketing costs and guarantor fees.

koyo kouoh remembered 2643870

Koyo Kouoh, the acclaimed Cameroonian-born curator and director of the Zeitz Museum of Contemporary Art Africa (Zeitz MOCAA) in Cape Town, has died at age 57 after a battle with cancer. Tributes pour in from artists Robin Rhode and Julie Mehretu, curator Azu Nwagbogu, and colleagues like Mandla Sibeko, who mourn the loss of a towering figure in African and global contemporary art. Kouoh was also set to serve as artistic director of the 2026 Venice Biennale, making her the first African woman to hold that role.

louvre director grilled in senate hearing 1234767481

Louvre president Laurence des Cars faced a contentious Senate hearing on Wednesday, where lawmakers pressed her about ignored security warnings that preceded the October theft of $102 million in imperial jewels from the Apollo Gallery. Audits from 2017 and 2018 had flagged structural vulnerabilities, but Des Cars claimed she was not informed until after the theft. She defended the museum's response, citing new cameras, increased security training budgets, and an imminent senior security coordinator appointment. Conservative senators Jacques Grosperrin and Max Brisson demanded her resignation, with Brisson walking out when she declined to answer. Former president Jean-Luc Martinez also testified, saying he had not reinforced windows or balcony due to fire-safety concerns, a rationale security experts rejected.

louvre heist suspects arrested 1234758905

Two suspects have been arrested in connection with the theft of French crown jewels from the Louvre on October 19. Paris prosecutor Laure Beccuau announced the arrests on Sunday, with one man detained at Charles de Gaulle Airport while preparing to board a flight to Algeria. The heist, captured on a 36-second video, involved two thieves escaping with $102 million worth of Napoleonic jewelry using a furniture lift. Nine artifacts were taken from the Apollo Gallery, but one crown was dropped in the haste. The stolen jewels were not privately insured, meaning France will not be reimbursed if they are not recovered.

german company launches viral ad campaign for louvre heist lift 1234758655

A family-run German company, Böcker, launched a viral advertising campaign on Facebook and Instagram featuring the furniture lift used in a recent Louvre jewel heist. The ad, with the tagline "When you need to move fast," depicts the Agilo furniture elevator that thieves used to enter the Louvre's Apollo Gallery, stealing approximately $102 million worth of Napoleonic jewelry in seven minutes. The company's marketing chief, Julia Scharwatz, said the campaign was inspired by the widespread circulation of a photo showing the lift at the scene, and that the response has been overwhelmingly positive, reaching 1.7 million views compared to their usual 15-20,000.

louvre heist surveillance footage 2738591

Newly released surveillance footage shows masked thieves breaking into the Louvre's Apollo gallery in October 2025, using disc cutters to slice open display cases and steal France's crown jewels. The heist occurred under staff observation, with no security guards present, and police have since identified five suspects via DNA evidence, arresting four, though the jewels remain missing. The footage was broadcast on French TV on January 18, 2026, as the museum faces its third staff strike in over a month.

laurence des cars louvre hearing 2731807

Laurence des Cars, president of the Louvre, is under pressure to resign after a tense Senate hearing on Wednesday, October 2025, following the theft of $102 million worth of imperial jewels. Lawmakers questioned her failure to act on security warnings from audits commissioned in 2017 and 2018 by her predecessor, Jean-Luc Martinez. Des Cars claimed she was unaware of those audits until after the theft. In response, she has accelerated a $92 million security plan, including 100 additional cameras, a new security coordination hire, and a 20% budget increase for staff training. She also announced a new internal audit on information sharing within the museum's bureaucracy, which she described as disorganized.

louvre security cameras captured heist but guards werent watching 2727603

French investigators have revealed that security cameras at the Louvre did capture the $102 million jewelry heist on October 19, 2025, contradicting earlier claims by museum director Laurence des Cars that no video existed. The footage was discovered during a Senate hearing on December 10, showing that the control room lacked enough screens to monitor all cameras simultaneously, so guards did not see the break-in in real time. By the time they switched to the relevant feed, nearly eight minutes later, the thieves had already escaped. The investigation also found that security guards and police arrived just 30 seconds too late because staff miscommunicated the exact location of the break-in within the Apollo Gallery. All four members of the heist commando group have been arrested.

louvre museum closes gallery greek antiquities 1234761958

The Louvre Museum in Paris has temporarily closed a gallery housing Greek antiquities and several offices after an audit revealed structural weaknesses in beams on the second level of the southern Sully wing. The affected gallery, the Campana Gallery, which displays antique Greek ceramics, was shut as a precaution, and 65 employees have been relocated while experts assess the damage. The closure comes amid a difficult period for the museum, following a $102 million theft of France's crown jewels in October and a scathing report criticizing leadership for prioritizing acquisitions over security upgrades.

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*.

Louvre heist sparks cross-party ire amid reports of ‘persistent delays’ to security updates

Two masked thieves stole ten pieces of 19th-century royal and imperial jewelry from the Louvre in Paris on 19 October, using a goods lift and grinders to break into the Apollo Gallery. They escaped on scooters after seven minutes, leaving behind a broken crown and tools, while an employee prevented a fire. The stolen items include a diamond brooch and diadem belonging to Empress Eugénie, and a royal emerald necklace.

Hong Kong Art Week 2026: Art Basel Preview

hong kong art week art basel preview 1234778380

Hong Kong’s art market is signaling a cautious recovery in 2026 as the city prepares for its marquee Art Week. Despite macroeconomic improvements in real estate and equities, the sector is grappling with significant logistical hurdles caused by the US–Israel–Iran War. Shipping costs between Europe and China have surged by 30%, leading to the cancellation of the International Antiques Fair and the withdrawal of high-profile delegations like the Sharjah Art Foundation.

List of Failed Business Ideas Found Beneath Rembrandt’s “The Night Watch”

A recent conservation analysis of Rembrandt's "The Night Watch" at the Rijksmuseum has revealed a surprising discovery beneath the painting's surface. Using macro X-ray fluorescence, researchers uncovered a handwritten list of alternative business ideas considered by the young Rembrandt, including face-painting at children's parties, an umbrella repair shop, and making luxury combs from fishbones.

Imitations of a Mediocre Teenager on Tranquilizers

"Nachahmungen eines mittelmäßigen Teenagers auf Tranquilizern"

The Victoria & Albert Museum has reportedly censored exhibition catalogs following pressure from Chinese printing firms, removing images and maps related to sensitive topics like Tibet and Tiananmen Square. This editorial roundup also highlights artist Molly Crabapple’s sharp critique of generative AI as a massive intellectual property theft and a profile of Rirkrit Tiravanija’s communal home in Thailand, which functions as a social sculpture.

Behind All Beautiful Things Lies Suffering

"Hinter allen schönen Dingen liegt ein Leiden"

The art market is undergoing a profound structural transformation as a new generation of collectors shifts focus away from traditional blue-chip masters like Cy Twombly and Mark Rothko. These 'NextGen' buyers, socialized through the internet and Instagram, prioritize identity-building over status, favoring streetwear, digital art by figures like Refik Anadol, and music memorabilia over classical painting. Meanwhile, institutional shifts are occurring globally: Greece has introduced specific legislation to criminalize the production of art forgeries, and LACMA director Michael Govan is defending the $724 million Peter Zumthor-designed expansion as a necessary 'magnet' for attracting major donations.

The Centre Pompidou will inaugurate its South Korean branch in a former Seoul aquarium in early June

Le Centre Pompidou inaugurera début juin son antenne sud-coréenne dans un ancien aquarium de Séoul

The Centre Pompidou has announced the official opening date for its new South Korean satellite, the Centre Pompidou Hanwha, scheduled for June 4, 2026. Located in a former aquarium within Seoul’s financial district, the 11,000-square-meter space was redesigned by architect Jean-Michel Wilmotte and will launch with a major cubism exhibition featuring 90 works by masters such as Picasso and Braque. The inauguration was recently marked by a site visit from French President Emmanuel Macron and key cultural officials.

John Giorno “The Performative Word” at MAMbo, Bologna

A major retrospective exhibition dedicated to John Giorno, titled "The Performative Word," has opened at MAMbo, the Museum of Modern Art of Bologna. The show, curated by Andrea Bellini and Vincente Todolí, explores Giorno's multidisciplinary practice as a poet, artist, and activist, highlighting his collaborations and his innovative approach to making poetry a performative and visual experience.

Architectural Competition for Louvre ‘New Renaissance’ Project Reportedly Set to Relaunch in May

The international architectural competition for the Louvre Museum's $778 million 'New Renaissance' renovation project is set to relaunch in mid-May, according to a report in Le Figaro. The jury will convene on May 13 to assess proposals from five shortlisted firms, ending a period of uncertainty and delays caused by staff unrest, leadership upheaval following a major jewel theft, and the French municipal elections. The project, championed by President Emmanuel Macron, aims to modernize the museum and reduce overcrowding.

Seoul’s Centre Pompidou, Three Years in the Making, Will Open in June

The Centre Pompidou Hanwha is scheduled to open in Seoul on June 4, coinciding with the 140th anniversary of diplomatic relations between France and South Korea. Housed in the iconic Tower 63 and designed by architect Jean-Michel Wilmotte, the new institution is a partnership with the Hanwha Foundation of Culture. The agreement includes a four-year brand licensing deal and a schedule of eight monographic exhibitions drawn from the Pompidou’s permanent collection.

hong kong venice biennale kingsley ng angel hui 1234766955

Hong Kong will send two artists, Angel Hui and Kingsley Ng, to represent the special administrative region at the 2026 Venice Biennale, marking the first time a duo has been selected. The Hong Kong Museum of Art (HKMoA) and the Hong Kong Arts Development Council (HKADC) are collaborating for the first time on the presentation, which will take place at the Campo della Tana as a collateral event. Hui, a gongbi ink painter born in 1991, and Ng, a media artist and associate professor born in 1980, will explore "the poetic rhythms of daily life" in dialogue with the Biennale's main exhibition theme, "In Minor Keys." The selection follows HKADC's decision in April to oust M+ museum as the exhibition's organizer, a role it had held since 2013, without citing a reason.

upsilon gallery milan opening 1234756444

Upsilon Gallery, founded by German-Argentine dealer Marcelo Zimmler, will open its first continental European location in Milan on November 18. The 200-square-meter space is situated near Via Monte Napoleone in the Quadrilatero fashion district, joining a wave of international galleries—including Thaddaeus Ropac, Cardi Gallery, and Robilant + Voena—that are betting on Milan's potential to become a global art capital. The inaugural exhibition features four canvases from Osvaldo Mariscotti's Valley series, with a bilingual catalogue edited by critics David Ebony and Alex Grimley, and coincides with twin shows in Upsilon's London and New York outposts.

water leaks from louvres roof and misses prized cimabue painting 1234740831

A powerful hailstorm caused water to leak through the Louvre's roof into the Salle Rosa room, where the exhibition "A New Look at Cimabue: At the Origins of Italian Painting" is on view. The water narrowly missed Giovanni Cimabue's unprotected "Maestà" panel painting (circa 1280), but drips hit the base of Nicola Pisano's "Three Acolytes" (1264-67) on loan from Florence's Museo Nazionale del Bargello. Another near miss occurred near Duccio di Buoninsegna's "Madonna of the Franciscans" (1285-88), which was protected by glass. The museum closed the exhibition early for firefighter inspection, identified a damaged glass seal as the cause, and reopened the next morning after repairs.

Fiona Pardington’s portraits of the lost birds of Aotearoa New Zealand – in pictures

Fiona Pardington has created a new series of human-scale photographic portraits of native New Zealand birds, many of which are extinct or endangered, using taxidermy specimens from regional museums. The series, titled "Taharaki Skyside," will be exhibited at the Aotearoa New Zealand pavilion at the 2026 Venice Biennale. Pardington, who has Māori and Scottish ancestry, incorporates the birds' eyes with superimposed historical landscapes to evoke their lost habitats and spiritual significance as intermediaries between human and divine worlds in Māori culture.

‘It’s madness’: David Hockney blasts plans to loan Bayeux Tapestry to UK

British artist David Hockney has publicly criticized plans to loan the Bayeux Tapestry from France to the British Museum in London, calling the move “madness.” Writing in The Independent, Hockney argues that the 11th-century embroidery, which depicts the Norman invasion of England, could be damaged during transport across the English Channel, citing risks to its aged linen backing and wool threads. The tapestry is set to be displayed at the British Museum’s Sainsbury Exhibitions Gallery from September 2026 to July 2027 while its home in Normandy undergoes renovations. In response, British Museum director Nicholas Cullinan defended the loan, citing the museum’s expertise in handling ancient artifacts. The UK Treasury will insure the tapestry for an estimated £800 million, and in exchange, British treasures including the Lewis chessmen and Sutton Hoo helmet will travel to Normandy.

french audit louvre robbery security flaws no cameras 1234757968

A leaked French government audit reveals that the Louvre Museum's security system is "outdated and inadequate," with significant gaps in CCTV coverage. The report, conducted by France's Court of Auditors and set for public release next month, found that modernization of security systems had been repeatedly postponed, and cameras were mostly installed only when rooms were refurbished. In the Denon Wing, home to the Mona Lisa, one-third of rooms lack cameras; in the Richelieu Wing, 75 percent of rooms are without them. Only 138 additional cameras have been installed since 2019. The audit was initiated by Louvre president and director Laurence des Cars after she assumed the role in 2021. The findings follow a robbery of French crown jewels from the museum and come amid staff strikes over understaffing and overcrowding.

Embattled Louvre Director Laurence des Cars Resigns

embattled louvre director laurence des cars resigns 2748308

Laurence des Cars has resigned as director of the Louvre Museum following months of intense scrutiny and institutional turmoil. Her departure, accepted by French President Emmanuel Macron, comes in the wake of a massive $102 million jewelry heist in October 2025 that exposed severe security lapses, outdated infrastructure, and systemic management failures. Despite proposing a major security overhaul and a massive modernization project, Des Cars faced mounting pressure from government audits, staff walkouts, and investigations into ticket fraud.

bayeux tapestry british museum loan 2665313

The Bayeux Tapestry, a 230-foot-long medieval textile depicting the Norman Conquest of 1066, will be loaned to the British Museum in London for the first time in 950 years. The historic deal between Britain and France is set to be finalized on July 9, with the tapestry expected to appear in a blockbuster exhibition about the Norman Conquest opening in September 2026. In exchange, treasures from across the U.K.—including artifacts from Sutton Hoo and the Lewis chessmen—will travel to France. The agreement will be announced by British Prime Minister Keir Starmer and French President Emmanuel Macron, and signed by British Museum director Nicholas Cullinan.

Major News from International Museums: London's National Gallery Expands and Pompidou Opens in Seoul

Le grandi novità dei musei internazionali: cresce la National Gallery di Londra e il Pompidou apre a Seoul

The National Gallery in London has selected a design team led by Kengo Kuma and Associates, alongside BDP and MICA, to lead its massive £750 million expansion project titled 'Project Domani.' Chosen from 65 international entries, the winning proposal will transform the St Vincent House site into a new museum wing featuring a stepped Portland stone facade, public roof gardens, and light-filled galleries. The project coincides with the institution's bicentenary and has already secured half of its required funding through private and anonymous donations.

Top NJ art shows of 2025: 'Indigenous Identities,' James Prosek, Tatyana Kazakova and more

This article presents a year-end roundup of the top art shows in New Jersey during 2025, curated by a Hudson County-based arts writer. The author highlights a concentration of exceptional exhibitions in Essex County, particularly in Montclair, while also noting strong shows at institutions like the Zimmerli Art Museum, Princeton University, the Morris Museum, and the Hunterdon Art Museum. Specific shows featured include "Jake Troyli: Fine Line" at Project for Empty Space in Newark and "Salvador Jiménez-Flores: Raíces & Resistencias" at Grounds For Sculpture in Hamilton, with detailed descriptions of their themes and artistic impact.

Spectral Birds Endemic to New Zealand Find New Life in Fiona Pardington’s Portraits

Spectral Birds Endemic to New Zealand Find New Life in Fiona Pardington’s Portraits

New Zealand artist Fiona Pardington will present her photographic series *Taharaki Skyside* in the Aotearoa New Zealand Pavilion at the 2026 Venice Biennale. The large-scale, spectral portraits depict preserved specimens of endemic birds, including extinct and critically endangered species like the huia and the South Island Takahe, captured from within the country's natural history collections.