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Ascendant Art Basel Paris rewards top dealers, while smaller galleries compete for attention

Art Basel Paris has rewarded top dealers with significant sales during its new VVIP preview slot, Avant-Première, held on October 21. Hauser & Wirth led with over $30 million in sales, including Gerhard Richter's "Abstrakte Bild" (1987) for $23 million, while David Zwirner sold a Ruth Asawa sculpture for $7.5 million. Goodman Gallery sold two works by William Kentridge to museums, and White Cube placed Julie Mehretu's "Charioteer" (2007) for $11 million. However, some dealers like Philomene Magers found the opening too crowded, and adviser Aileen Agopian noted the market remains far from the frenzy of previous years, with no single sale surpassing the $40 million Mark Rothko painting brought by Pace two years ago.

In the Studio With 33 of the Hottest Art Stars on the Planet

Vanity Fair profiles 33 emerging art stars who have broken into the upper echelon of the art world within the last five years, despite a contracting art market. The feature, written by Nate Freeman and photographed by Jeff Henrikson, highlights artists like Jadé Fadojutimi, Anna Weyant, and Chase Hall, whose work commands high prices and long waiting lists from top collectors. The selection was based on research including gallerist interviews, museum acquisitions, auction results, and dealer insights.

10 Must-See Shows during Art Basel Paris 2025

Art Basel Paris 2025 returns to the Grand Palais, with off-site events across the city. For those without fair tickets, galleries throughout Paris are hosting notable shows alongside the fair, including Gerhard Richter at David Zwirner, Robert Rauschenberg's 'Gluts' series at Thaddaeus Ropac, Hans Op de Beeck at Templon, and Heinz Mack at Almine Rech. The article highlights ten must-see gallery exhibitions running concurrently with the fair.

‘There is always something else to discover’: Glenn Brown on the art he collects and why

Artist Glenn Brown discusses his personal art collection in an interview with The Art Newspaper, revealing his first purchase was a 1964 David Hockney drawing of Renée McDougal and his most recent acquisition was a group of Ann Churchill's Daily Drawings from 1974. Brown, who opened The Brown Collection in Marylebone three years ago, is extending its hours during Frieze Week for the exhibition 'Hoi Polloi,' which examines depictions of ordinary people from the 16th century onward. He also has an installation at Gagosian's Frieze Masters booth and a concurrent show at the Freud Museum.

The Art Insider's Guide To Frieze London

Sophia Penske, founder of Penske Projects and art advisor at Gagosian Art Advisory, presents an insider guide to Frieze London week (October 13, 2025). The article highlights key gallery exhibitions including Ed Ruscha's new linen paintings at Gagosian Davies Street, El Anatsui's wooden sculptures at Goodman Gallery, Danielle Fretwell's still lifes at Alice Amati, Victor Man's dreamlike works at David Zwirner, Danny Fox's colorful paintings at Hannah Barry, and Lenz Geerk's portraits at Massimo De Carlo. It also previews museum shows like Kerry James Marshall's "The Histories" at the Royal Academy of Arts and mentions satellite fairs and auction previews.

10 Must-See Shows during Frieze London 2025

Frieze London 2025 has arrived, bringing with it a sprawling public sculpture exhibition and two art-packed tents in Regent's Park, including the historically focused Frieze Masters. Alongside the main fair, London's galleries are hosting a mix of shows ranging from established favorites to emerging talents, with many exhibitions featuring ambitious sculptural works made from unconventional materials like furniture and driftwood. Notable highlights include Sonia Gomes and Kudzanai-Violet Hwami showing bronze sculptures for the first time, Cai Guo-Qiang's controversial gunpowder canvases at White Cube, and Danielle Fretwell's sumptuous oil paintings at Alice Amati. Artsy has curated a list of 10 must-see gallery exhibitions taking place during the fair.

Eight Exhibitions Not to Miss During Frieze Week London

Frieze Week London returns from October 15-19 at Regent's Park, but the city's galleries and museums are mounting a robust slate of concurrent exhibitions. Highlights include "Nigerian Modernism" at Tate Modern (October 8, 2025–May 10, 2026), the first UK survey of mid-century Nigerian modern art featuring over 200 works by 50 artists; "Emily Kam Kngwarray" at Tate Modern, Europe's first major solo show for the Aboriginal artist; "Kerry James Marshall: The Histories" at the Royal Academy of Arts, the artist's largest US exhibition outside the U.S.; and "House of Music" at Serpentine South Gallery, a multisensory presentation of Peter Doig's work. The article also previews several other shows across London.

Evelyn Lin to Lead Sotheby’s Asia Modern and Contemporary Art, After Pace Hong Kong Shutters

Evelyn Lin is returning to Sotheby’s as chairman of Modern and contemporary art, Asia, starting November 3, after a one-year stint at Pace gallery. She will help lead the inaugural marquee sale at Sotheby’s new global headquarters in New York’s Breuer Building. The appointment follows the departure of Elaine Holt and the closure of Pace’s Hong Kong space, which will not renew its lease at H Queen’s after its current exhibition closes on October 18.

Who Are the 10 Top-Selling Living American Artists?

Artnet's Auction Price Database reveals the top 10 living American artists by auction sales value in 2024, with the U.S. art market generating $4.3 billion. The list includes Cindy Sherman ($180.9 million total sales, record $6.8 million for Untitled Film Stills), Mark Bradford ($226.6 million, record $12 million for Helter Skelter I), and Mark Grotjahn ($241 million, record $16.8 million for Untitled (S III Released to France Face 43.14)). Sherman is the only woman and photographer on the list; Bradford is the only African American and represented the U.S. at the 2017 Venice Biennale; Grotjahn is a California-based abstract painter.

This Fall’s Must-See Gallery Shows in New York

The article highlights a curated selection of must-see gallery shows opening in New York City this fall, coinciding with The Armory Show and the overlapping Frieze Seoul fair. Featured exhibitions include Ambera Wellmann's "Darkling" at Hauser & Wirth, Caleb Hahne Quintana's "A Boy That Don't Bleed" at Anat Ebgi, and shows by Sasha Gordon, Dew Kim & Filippo Cegani, Elizabeth Glaessner, Yuan Fang, Bernardo Pacquing, Celeste Rapone, and Omara Mara Oláh, among others. The piece also notes the group exhibition "Downtown/Uptown: New York in the Eighties."

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.

The Art World This Week: 20 June 2025

This week's art news is dominated by the opening of Art Basel 2025, where dealers reported a strong start with numerous six-figure sales, including a David Hockney painting at Annely Juda Fine Art for $13–17 million and a $9.5 million Ruth Asawa sculpture at David Zwirner. Other major developments include the Museum of Modern Art announcing a major Marcel Duchamp survey for 2026, the reopening of a historic Paris building (temporary home for Centre Pompidou) after a £395 million rebuild, and the Studio Museum in Harlem receiving a significant gift from Vancouver real estate magnate Bob Rennie. The article also covers gallery representation changes, awards, and the passing of sculptor Joel Shapiro and businessman/art patron Leonard Lauder.

Victoria Miro: ‘Art should open your eyes to something you don’t know’

Victoria Miro, the influential London art dealer, reflects on her 40-year career as her eponymous gallery celebrates its anniversary. In a rare interview, she discusses her humble beginnings—displaying art in her husband's office window and hosting pop-ups—and her rise to prominence representing acclaimed artists such as Chris Ofili, Isaac Julien, Do Ho Suh, and Chantal Joffe. The gallery's birthday exhibition, "Victoria Miro: 40 Years," features works by its roster, including pieces by Kudzanai-Violet Hwami, Stan Douglas, and Grayson Perry.

The 10 Best Booths at Art Basel 2025

Art Basel 2025 opened on June 17 with its VIP preview at Messeplatz in Basel, Switzerland, under intense heat. The 55th edition of the fair features 289 galleries from 42 countries, including 19 newcomers, and introduces a new Premiere section for mid-sized galleries showing recent works. Despite a challenging art market, the VIP day saw packed booths, international crowds, and strong sales of six- and seven-figure works, with dealers expressing optimism. The fair also includes returning sections like Statements and Feature, plus Art Basel Unlimited for monumental works, alongside concurrent events such as Liste Art Fair and museum shows by Jordan Wolfson and Steve McQueen.

Art Basel’s Soft Opening Belies Strong, Swift Sales Across Tiers

Art Basel's 2025 edition opened with a soft atmosphere that belied strong and swift sales across all price tiers. Major galleries reported significant transactions: David Zwirner sold 68 works including a $9.5 million Ruth Asawa sculpture and a $6.8 million Gerhard Richter painting; Gladstone placed a $3.5 million Keith Haring piece; and Thaddaeus Ropac sold a €1.8 million Georg Baselitz and a $1.8 million James Rosenquist painting to a European institution. White Cube, Hauser & Wirth, and Tina Kim Gallery also reported robust sales, with works by artists such as Dana Schutz, Marlene Dumas, Yayoi Kusama, and Ha Chong-Hyun moving quickly. However, mid-tier galleries like Marianne Boesky Gallery noted more cautious, eye-driven buying rather than the frenzied chasing of past years.

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.

Art Basel 2025

Art Basel 2025 opened with strong preview-day sales, surprising many galleries after a tough year in the art market. Dealers reported a 'buyer's market' with price reductions and flexibility, while high-priced works by Jeff Koons, Michael Armitage, Adrian Ghenie, and Frank Bowling sold. The fair introduced a new section called Premiere for works made in the past five years, aimed at easing participation for small to mid-sized galleries. Satellite fairs including Africa Basel, Liste, Volta, and Maze Design Basel also launched or celebrated anniversaries. Other highlights include the Baloise Art Prize awarded to Rhea Dillon and Joyce Joumaa, a Holbein drawings rehang at Kunstmuseum Basel, and a visa denial for artist Richard Mudariki. Qatar took center stage ahead of a new fair in 2026, and limited-edition Labubu figurines caused a frenzy at the Art Basel Shop.

9 Must-See Shows at Paris Gallery Weekend 2025

Paris Gallery Weekend 2025 takes place May 23–25 across 74 galleries in the capital, featuring vernissages, performances, exhibition walkthroughs, and artist talks. Now in its second decade, the event was founded to spotlight Paris’s contemporary art scene and offers a counterpoint to the art fair circuit. Highlights include Sophie Calle’s "SÉANCE DE RATTRAPAGE" at Perrotin, where she revisits unfinished projects from her 2023 Picasso Museum exhibition, and major institutional shows like the David Hockney retrospective at Fondation Louis Vuitton and "Corps et âmes" at Bourse de Commerce. The weekend also includes a new Agnès Varda exhibition at Musée Carnavalet linking her photography to her Montparnasse atelier.

Huge Paris exhibition reveals David Hockney’s love of Van Gogh

A major exhibition at the Fondation Louis Vuitton in Paris, titled "David Hockney 25," showcases 400 works by the British artist, with a focus on the past 25 years of his career. The show highlights Hockney’s deep admiration for Vincent van Gogh, featuring a section called "The Great Wall" that includes 29 Van Gogh reproductions alongside works by other artists. Key pieces on display include Hockney’s portrait of his partner Jean-Pierre Gonçalves de Lima, inspired by Van Gogh’s "Sorrowing Old Man," and iPad drawings echoing Van Gogh’s sunflower still lifes. The exhibition runs until 31 August.

At Sotheby’s, a $70M Giacometti Fails to Sell While Works By Munch and Cézanne Ignite Buyer Excitement

Sotheby’s Modern Evening Auction on May 13, 2025, achieved $186.4 million in sales but was overshadowed by the failure of its headline lot: Alberto Giacometti’s hand-painted bronze bust *Grande tête mince (Grande tête de Diego)*, estimated at $70 million. The work, consigned by the Soloviev Foundation, went unsold after minimal bidding, lacking a guarantee or irrevocable bid. Other highlights included a strong performance by Edvard Munch and Paul Cézanne works, with 40% of lots exceeding high estimates. Notable sales included Georgia O’Keeffe’s *Leaves of a Plant* ($12.97 million) and Alexander Calder’s *Four Big Dots* ($8.285 million), both fresh to market.

Frieze and NADA New York’s Early Sales Signal Buyer Confidence

Frieze New York opened its VIP preview on May 7, with early sales indicating cautious but steady buyer confidence amid economic uncertainty and the recent acquisition of the fair by Endeavor's former CEO Ari Emanuel. American buyers dominated, while Asian and European collectors were largely absent. Mega-galleries like Gagosian and Pace reported significant sales, including Jeff Koons's Hulk Elvis sculptures and works by Adam Pendleton and Lynda Benglis, though the atmosphere was more subdued and negotiation-friendly than in previous years.

Frieze VIP day defined by dealers’ resilience

Frieze New York's VIP opening on Wednesday saw strong attendance despite economic uncertainty following President Donald Trump's April 2 tariff announcement, which caused stock market volatility. Gallerists reported early sales driven by institutional buyers, with works by Tuan Andrew Nguyen, Rashid Johnson, Lorna Simpson, Claire Tabouret, and WangShui finding homes at museums including the Moderna Museet, Dallas Museum of Art, and Heredium Museum. Notable sales included Jeff Koons's Hulk (Tubas) for over $3 million at Gagosian and a solo stand sellout for Claire Tabouret at Perrotin.

Frieze New York shows signs of stability in challenging US art market

Frieze New York (7-11 May) opens its 13th edition at The Shed with around 65 galleries, including mega-galleries Gagosian, David Zwirner, Hauser & Wirth, Pace, and White Cube. The fair arrives amid a turbulent art market: global art sales declined 12% in 2024 per Clare McAndrew's Art Market Report, and President Trump's tariff decisions have roiled the stock market. Frieze's owner Endeavor recently sold the fair to a new company founded by former CEO Ari Emanuel. Despite this, US fair director Christine Messineo expresses optimism, citing strong sales at Frieze Los Angeles in February. The Focus section features 12 emerging galleries, seven of which are first-time participants, including King's Leap, Management, Voloshyn Gallery (Kyiv), and Public Gallery (London).

The Ultimate Guide to New York Art Week 2025

New York Art Week 2025 is underway as the international art world converges on the city for a series of major spring fairs. Galerie has surveyed six key fairs—Frieze New York, Independent, TEFAF New York, NADA New York, Future Fair, and Esther II—highlighting standout artworks and notable presentations. Highlights include Jeff Koons' Hulk sculptures at Gagosian, Claire Tabouret's new paintings at Perrotin, and Tuan Andrew Nguyen's kinetic sculptures at James Cohan. Independent returns to Spring Studios with its 16th edition, featuring a new curatorial initiative, Independent Debuts, showcasing 26 emerging artists including Shafei Xia, Laura Footes, and Lewis Brander.

Our Guide to New York Art Week 2025

New York Art Week 2025 is condensed into a single mega-week starting May 5, featuring major art fairs including Frieze New York, Independent, and TEFAF New York, alongside gallery openings, auction previews, and museum shows. The guide provides a day-by-day itinerary, fair overviews, and practical tips for navigating the week, emphasizing that many events are ticketed or free and do not require VIP passes.

Charge of the Indian art brigade

At a Christie’s auction in New York’s Rockefeller Center, an untitled work (Gram Yatra) by MF Husain sold for over Rs 118.7 crore ($13.8 million), becoming the most expensive modern Indian painting ever sold. The buyer is reportedly collector and philanthropist Kiran Nadar. Other record-tying sales include Amrita Sher-Gil’s The Story Teller and Tyeb Mehta’s Trussed Bull, each fetching Rs 61.8 crore at SaffronArt auctions, while a Jagdish Swaminathan painting exceeded estimates at Sotheby’s. These results come amid a 19% rise in the top 50 Indian artists’ sales to $36.2 million, per the 2024 Hurun India Art List.

Record-Breaking $110.5 M. Basquiat Painting, Now Owned by Ken Griffin, to Go on View in Miami This Summer

The Pérez Art Museum Miami will present "Basquiat: Figures, Signs, Symbols," an exhibition of approximately ten works by Jean-Michel Basquiat from the collection of billionaire Kenneth C. Griffin. Opening June 25, the show includes the record-breaking 1982 painting "Untitled," which sold for $110.5 million in 2017 and was later acquired by Griffin, alongside other major paintings and a sculpture.

Picasso’s ‘Guernica’ Could Leave Madrid for the First Time in Over 30 Years

The Basque regional government has formally requested a temporary loan of Pablo Picasso's 'Guernica' from Madrid's Museo Reina Sofía to the Guggenheim Museum Bilbao for a period from October 2026 to June 2027. This would mark the painting's first movement since 1992 and is timed to coincide with the 90th anniversary of the bombing of Guernica. The request faces strong opposition from the Reina Sofía, which has released a conservation report stating the monumental canvas is too fragile to travel.

At Art Basel Hong Kong, Blue-Chips Report Flurry of 7-Figure Deals, While Others Lament ‘Slower Than Usual’ Sales

Major galleries reported significant seven-figure sales on the opening day of Art Basel Hong Kong. Hauser & Wirth sold works by Louise Bourgeois and George Condo for millions, while David Zwirner sold paintings by Liu Ye and Marlene Dumas for $3.8 million each. Pace Gallery's CEO noted a renewed energy, and other blue-chip dealers like White Cube and Lehman Maupin also reported high-value transactions, particularly with Asian collectors and institutions.

Matisse, 1941-1954 review – hit after glorious hit in a show of life-enhancing genius

A major exhibition at the Centre Pompidou and the Grand Palais focuses on the final, revolutionary period of Henri Matisse's career, from 1941 to 1954. The show charts his artistic reinvention following a life-threatening surgery, beginning with obsessive, reworked paintings from his Nice studio during the war and culminating in the radiant, large-scale cut-outs for which he is widely celebrated.