Hong Kong's major auction houses—Christie's, Sotheby's, and Phillips—concluded their March sales series with strong results, demonstrating resilience in the Asian art market. The sales were characterized by a high sell-through rate, robust bidding, and a notable shift towards collecting driven by deep knowledge and passion rather than pure speculation.
Joan Mitchell’s diptych "La Grande Vallée VII" sold for HK$137 million (US$17.6 million) at Sotheby’s Hong Kong, setting a new record for the most expensive work by a female artist ever sold at auction in Asia. The 1983 masterpiece, part of a celebrated 21-painting cycle dedicated to a grieving friend, led a successful Modern and Contemporary Evening Auction that saw a 100% sell-through rate for its 54 lots. Other notable results included a Mark Rothko canvas that more than doubled its low estimate and significant sales for works by Sanyu and Zao Wou-Ki.
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Art Basel Hong Kong 2026 opened with a renewed sense of optimism, featuring 240 galleries and a significant emphasis on the Asia-Pacific region. The VIP preview saw a surge in attendance primarily from regional collectors across mainland China, Taiwan, Korea, and Southeast Asia, signaling a robust recovery for the local market. While international travel remains a factor, the fair's success is increasingly driven by a localized ecosystem of younger collectors and long-term public investments in cultural infrastructure like the M+ museum.
London’s cultural landscape sees a significant surge of activity this April with a diverse array of exhibitions spanning major institutions and commercial galleries. Key highlights include a recreation of Keith Haring’s 1980s subway chalk drawings at the Moco Museum, a retrospective of surrealist couturier Elsa Schiaparelli at the V&A, and a deep dive into the sculptural legacy of Guyanese-British artist Donald Locke at Camden Art Centre.
Renowned Ghanaian artist El Anatsui is currently experiencing a significant professional moment with concurrent exhibitions at White Cube in Hong Kong and Seoul, timed to coincide with Art Basel Hong Kong. The artist, known for his monumental sculptures crafted from discarded liquor-bottle caps and copper wire, recently saw his 2023 work "G6" sell for $995,000 at Sotheby’s London to benefit the Royal Academy of Arts. Now living back in Ghana after decades teaching in Nigeria, Anatsui continues to explore the fluidity of his medium, which mimics the organic processes of growth and decay.
New York City’s gallery scene is set for a major wave of activity between March 10 and March 15, 2026, with dozens of new exhibitions opening across Manhattan. High-profile showcases include Sam Gilliam and Chuck Close at Pace Gallery, Maria Lassnig at Petzel, and Paul Chan at Greene Naftali. The week features a diverse range of media, from David Armstrong’s portraiture at Artists Space to Bat-Ami Rivlin’s industrial installations at Management.
This month’s gallery circuit features a series of high-profile solo exhibitions across the United States, headlined by a museum-quality survey of Jasper Johns at Gagosian. The selection highlights diverse artistic approaches, from Johns’s seminal 1970s crosshatch paintings to Yuko Mohri’s kinetic installations at Tanya Bonakdar and Gabriel de la Mora’s material-focused conceptual works at Perrotin. Other notable shows include Christina Quarles’s new paintings at Hauser & Wirth, which explore themes of loss and resilience.
Sotheby’s Modern & Contemporary Art Evening Sale in London achieved a rare 'white-glove' result, with all 53 lots finding buyers for a total of £131 million ($175 million). The auction was highlighted by a selection of four School of London masterpieces from the private collection of billionaire Joe Lewis, owner of Tottenham Hotspur. These works, including a 1972 Francis Bacon self-portrait and two Lucian Freud portraits, realized a combined £35.8 million ($47.8 million) and established a new auction record for artist Leon Kossoff.
Billionaire Joe Lewis, the former owner of Tottenham Hotspur, is set to auction four significant works from the School of London at Sotheby’s London on March 4. The selection is headlined by a 1972 Francis Bacon self-portrait estimated at £8 million, alongside major paintings by Lucian Freud and Leon Kossoff. This marks the first time Lewis has publicly sold works from his renowned collection, which is estimated to be worth approximately $1 billion and is famously housed in part on his superyacht.
The Hyperallergic Spring 2026 New York Art Guide outlines a massive seasonal program featuring nearly 70 exhibitions across the city's major institutions and alternative spaces. High-profile highlights include a Marcel Duchamp retrospective at MoMA, the first major U.S. exhibition of Raphael at the Metropolitan Museum of Art, the return of the Whitney Biennial, and the reopening of the New Museum. The guide also previews diverse showcases ranging from Molly Crabapple’s activist posters at Poster House to a rare Caravaggio loan at the Morgan Library.
Six blue-chip artists are currently experiencing a significant wave of institutional recognition through major museum exhibitions across the globe. Cecily Brown is preparing for a homecoming solo show at London’s Serpentine South, while Jean-Michel Basquiat is the subject of a focused study on his works on paper at Denmark’s Louisiana Museum of Modern Art. Other featured artists include David Hockney, who recently opened a massive 400-work retrospective at the Fondation Louis Vuitton, alongside Carol Bove, Rose Wylie, and Nan Goldin.
Art Basel Qatar opened its inaugural edition to VIPs in Doha, featuring an unconventional 'boothless' format with 87 exhibitors each presenting a solo artist. The fair, curated by artist Wael Shawky, is split between two venues in the Msheireb district, with blue-chip galleries in M7 and more emerging to mid-tier galleries in the Design District. The event is heavily subsidized by Qatar, significantly lowering costs for exhibitors and encouraging a focus on market education over immediate sales.
Artsy profiles 14 influential women who are shaping India's rapidly evolving art market, including Nita Mukesh Ambani, Jaya Asokan, Shireen Gandhy, and others. The article highlights their roles as founders, directors, collectors, and patrons, with a focus on the upcoming 17th edition of the India Art Fair, which will feature a record 135 exhibitors. Each woman is described as contributing to the growth of galleries, auction houses, biennales, and cultural institutions across the country.
Artsy spoke with 12 leading collectors about the artists, exhibitions, and trends they are most excited to follow in 2026. Highlights include the re-centering of women artists, the rise of South Asian and LGBTQ+ artists, and the impact of AI on gallery operations. Collectors point to major institutional milestones such as LACMA's new campus, the Guggenheim Abu Dhabi, the Venice Biennale, and Art Basel's expansion into Qatar, as well as specific shows like Claire Tabouret's stained-glass commission for Notre-Dame and the Frida Kahlo exhibition at the Museum of Fine Arts, Houston.
Singapore Art Week features five notable exhibitions, including a retrospective of Basoeki Abdullah at the National Gallery Singapore, which explores his role as a high-society painter and cultural diplomat during his time in Singapore from 1958 to 1960. Other highlights include STPI's The Print Show, a new platform for printmaking featuring 27 artists and international publishers, and a collaborative project between Rockbund Art Museum and Art SG titled Wan Hai Hotel: Singapore Strait, which presents maritime-themed works by artists across Asia.
The article argues that contemporary painting has entered a period of stagnation, characterized by bloated, vapid, and market-driven works. The author cites observations from Frieze London and the exhibition "Painting After Painting" at SMAK in Ghent, noting that much recent painting lacks intellectual rigor and emotional depth. A conversation with artist Christopher Wool is referenced, where he contrasts the current lack of critical dialogue with the productive crises of the late 1970s, when painters like Philip Guston faced backlash for challenging conventions.
Galerie magazine has curated a list of eight must-see solo gallery shows across the United States for January, highlighting exhibitions from coast to coast. Featured artists include Jeff Koons at Gagosian in New York, where he presents monumental stainless-steel sculptures of gods and goddesses alongside layered paintings, and Giorgio Griffa at Casey Kaplan, whose survey "Consistently Through Variation" spans five decades of his process-driven work. Other notable shows include Julian Schnabel at Mnuchin Gallery and Marisol at Matthew Marks Gallery in Los Angeles.
The article presents five predictions for the art market in 2026, following a relatively improved but still cautious end to 2025. Key forecasts include a subdued market rebound, a shift toward smaller and cheaper artworks, the continued expansion of Frieze fairs (possibly into India), a consolidating Art Basel, and a resurgence of London's art-world clout. The predictions are informed by trends such as declining demand for art as investment, gallery closures and geographic pruning, and the thematic direction of the 2026 Venice Biennale, curated by the late Koyo Kouoh under the title "In Minor Keys."
The Art Newspaper has published its 2025 Christmas gift guide, featuring a curated selection of art-related presents. Suggestions include art supplies from London's historic L. Cornelissen & Son, Japanese Irojiten color pencils, and cookbooks like "The Kitchen Studio: Culinary Creations by Artists" and the out-of-print "The Museum of Modern Art Artists' Cookbook." The guide also includes fantasy gift lists from Frieze and Art UK, with items such as Alexander Calder playing cards and a Tom of Finland cushion from House of Voltaire, alongside more unusual ideas like a sponsorship deal for a Victorian loo or a Lego Louvre heist set.
The autumn art market saw a significant upturn, with strong sales at Frieze London, Art Basel Paris, and New York auctions, including a $236.4 million Klimt and a $2.2 billion auction week in New York—up 77% year-on-year. Emerging London galleries like Ginny on Frederick, Rose Easton, and A. Squire have reinvigorated Frieze London, while Paris benefits from luxury-house funding, with the Fondation Cartier and Fondation Louis Vuitton hosting major shows. However, concerns persist about sustainability, as geopolitical volatility and post-Brexit challenges continue to affect the market.
Art Basel Miami Beach opened with a VIP preview that saw strong sales across price points, from blue-chip acquisitions to mid-range works. David Zwirner led with a Gerhard Richter painting for $5.5 million, while Hauser & Wirth sold a George Condo for $4 million. The debut of Zero 10, a platform for digital art, sold out its presentation. Other notable sales included works by Alice Neel, Josef Albers, Louise Bourgeois, and Andreas Gursky, with galleries like Pace, White Cube, and Gladstone also reporting significant transactions.
Art Basel Miami Beach 2025 opened on December 3 with strong sales, led by David Zwirner's sale of an abstract Gerhard Richter painting for $5.5 million. Other major transactions included a $4 million George Condo work at Hauser & Wirth, a $3.3 million Alice Neel painting at David Zwirner, and a $2.85 million Willem de Kooning at White Cube. Hauser & Wirth reported sales 40% higher than its entire 2024 fair week within the first three hours.
Art Basel Miami Beach opened its 23rd edition with a surge of blue-chip sales, signaling renewed market confidence. Major galleries reported strong early results: David Zwirner sold a Gerhard Richter painting for $5.5m and an Alice Neel for $3.3m; Hauser & Wirth saw sales 40% higher than last year, including a George Condo for nearly $4m and a Louise Bourgeois for $3.2m. Other notable sales included works by Alex Katz, Pablo Picasso, Sam Gilliam, and Robert Rauschenberg, with 283 galleries participating at the Miami Beach Convention Center.
Art Basel Miami Beach returned for its 23rd edition on December 3, 2025, with VIP previews at the Miami Beach Convention Center. The fair features 283 galleries from 43 countries, alongside nearly 20 satellite fairs including NADA and Untitled Art. Notable sales include a $5.5 million Gerhard Richter painting at David Zwirner and a $15 million Frida Kahlo miniature self-portrait at Weinstein Gallery. Director Bridget Finn expressed optimism about the fair's energy and its role in connecting contemporary art with music, fashion, and film.
Phillips’s modern and contemporary evening sale on 19 November generated nearly $54.8 million ($67.3 million with fees), a 25% increase over the same sale last year. Out of 33 lots, only two failed to sell, achieving a 94% sell-through rate. The top lot was Francis Bacon’s *Study for Head of Isabel Rawsthorne and George Dyer* (1967), which hammered at $13.5 million, followed by an untitled Joan Mitchell work from 1957-58 at $12 million. The sale also included natural history objects for the first time, such as a juvenile Triceratops skeleton nicknamed 'Cera,' which sold for $4.35 million. Female artists performed strongly, with Ruth Asawa’s copper wire sculptures sparking lengthy bidding wars and Firelei Báez setting a new artist record that was later broken at Christie’s the same evening.
Sotheby's held its debut evening sale at the Breuer building in New York on November 18, achieving a record-breaking $706 million total. The highlight was the white-glove auction of Leonard A. Lauder's collection of 20th-century masterpieces, which alone brought $527.5 million. Gustav Klimt's portrait *Bildnis Elisabeth Lederer* (1914-16) sold for $236.4 million, setting a new record for the artist and for Sotheby's Modern category. The evening also included a strong Contemporary sale led by Maurizio Cattelan's golden toilet at $12.1 million, with active bidding from Asian collectors.
Filmmaker Wes Anderson is recreating Joseph Cornell's New York studio in a window display at Gagosian Gallery's Paris space on Rue de Castiglione, opening next month to coincide with Christmas and Cornell's birthday on December 24. The exhibition will feature around 12 of Cornell's iconic shadow boxes, including "Pharmacy" (1943) and works from his Medici series, alongside hundreds of found objects. Curated by Jasper Sharp, who has worked with Anderson for years, the display is designed as a non-interactive window installation that captures the spirit and atmosphere of Cornell's basement studio in Queens, rather than an exact replica. Anderson and Sharp have spent weeks studying photographs and first-hand accounts, sourcing objects from flea markets and employing Anderson's film crew to replicate Cornell's handwriting and aging techniques.
Art Basel Paris officially opened on October 22, 2024, with a new VIP tier called 'Avant-Première' granting early access to favored collectors. The fair saw a shift in mood from socializing to business-focused transactions, with multimillion-dollar works on offer, including a Gerhard Richter painting reportedly sold for over $20 million by Hauser & Wirth. Pre-fair events included dinners hosted by Marian Goodman for artist Paul Sietsema, gallery openings at Salon 94's new Palais-Royal space, and a VIP evening at the Musée d'Orsay for a Bridget Riley exhibition. American galleries and collectors dominated the week's parties, with events by David Zwirner, Gladstone, and others.
Wes Anderson and curator Jasper Sharp are recreating Joseph Cornell's legendary studio at Gagosian in Paris next month. The exhibition will reconstruct the secretive basement workshop where Cornell created his iconic shadow-box assemblages, using surviving photographs, objects from the Smithsonian American Art Museum's Joseph Cornell Study Center, and thousands of flea-market finds sourced across Paris and New York. The recreation includes Cornell's work table, unfinished shadow boxes, and even period-accurate details like his cleaning detergent and handwritten labels.