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sothebys 2025 sales results analysis

Sotheby's is projecting $7.0 billion in consolidated 2025 sales, a 17% increase over the previous year and the strongest result in the company's history. Auction sales rose 26% to $5.7 billion, driven by high-quality consignments including the Leonard A. Lauder Collection and a $236.4 million Klimt painting. Luxury sales climbed 22% to $2.7 billion, while RM Sotheby's surpassed $1 billion for the first time. The opening of Sotheby's new global headquarters at the Breuer Building was a commercial centerpiece, generating $1.17 billion in its inaugural week. The company also expanded rapidly in the Middle East, staging the first international auction in Saudi Arabia and launching Collectors' Week in Abu Dhabi.

louvre strike

On December 15, 2025, the Musée du Louvre in Paris was forced to close as approximately 400 of its 2,100 employees went on strike, picketing outside the museum's glass pyramids and turning away visitors. The strike follows a series of crises at the institution, including a $102 million jewel heist in broad daylight two months prior, a flooding incident from a burst water pipe in November, and ongoing concerns about deteriorating facilities, long lines, and substandard restrooms and dining areas. Workers are demanding higher wages and better conditions, with three trade unions—CGT, SUD, and CFDT—warning in an open letter that staff feel like "the last bastion before collapse."

art institute chicagos acquisitions 2025

The Art Institute of Chicago announced its top acquisitions from over 1,000 works added to its collections in 2025. Highlights include Kay WalkingStick’s two-panel painting *The Silence of Glacier* (2013), which overlays Northern Cheyenne beadwork onto a Glacier National Park landscape; Christian Schad’s *Portrait of Composer Josef Matthias Hauer* (1927); Frans Francken II’s *Esther Before Ahasuerus* (1622); a rare 17th-century Indian textile titled *A Nayaka Nobleman with Courtiers and Courtesans*; an untitled photograph from Francesca Woodman’s “Caryatid” series (1980); and the *Ovejo Armchair* (1972) by Jaime Gutiérrez Lega.

whitney biennial 2026 artist list

The Whitney Biennial has announced the 56 artists selected for its 82nd edition, opening March 8, 2026. Curated by Marcela Guerrero and Drew Sawyer, the exhibition explores themes of relationality, kinship, infrastructure, and the US role in global affairs. The curators visited over 300 studios worldwide, and the list includes many emerging and lesser-known artists, with most participants under 45 and a significant number identifying as queer.

malba acquires 1200 works

Eduardo F. Costantini, founder of the Museo de Arte Latinoamericano de Buenos Aires (Malba), announced the acquisition of the Daros Latinamerica Collection in Zurich, adding 1,233 works by 117 artists to the museum's holdings. This roughly doubles Malba's collection to 3,000 works, with a major expansion project planned to accommodate the new pieces, set to begin next fall to mark the museum's 25th anniversary. Highlights include works by Doris Salcedo, Ana Mendieta, Julio Le Parc, Alfredo Jaar, Lygia Clark, and Jesús Rafael Soto, with 75 artists new to Malba.

maria balshaw tate

Maria Balshaw, the director of Tate, will step down in the new year after nine years at the helm, the museum announced Friday. Appointed in 2017, Balshaw was the first woman to lead the institutional network, which includes Tate Modern and Tate Britain. Her tenure was marked by a substantial diversification of Tate’s collection and programming to spotlight new art forms, indigenous artists, and artists from the Global South. She also oversaw the launch of a landmark £150 million endowment fund for Tate Modern to address financial woes. Memorable exhibitions included surveys of pre-internet digital artists, modern art in Nigeria, and retrospectives for Leigh Bowery, Isaac Julien, Yoko Ono, and Emily Kam Kngwarray.

georgia okeeffe ghost ranch conservation

The state of New Mexico has announced a major conservation effort to preserve 6,000 acres of desert landscape that inspired artist Georgia O’Keeffe. The New Mexico Land Conservancy is partnering with the National Ghost Ranch Foundation to implement the Ghost Ranch Conservation Plan, which will protect land, water, and wildlife habitat around Ghost Ranch—where O’Keeffe lived and worked from 1940 until her death. The plan involves conservation easements held in trust for the public benefit, ensuring the area remains undeveloped while allowing continued visitor access to hiking trails, museums, and the retreat center.

lalanne hippopotamus bar 31 million record

A 1976 Hippopotamus Bar by François-Xavier Lalanne sold for $31.4 million at Sotheby's after a 26-minute bidding war, setting a new auction record for the French artist. The hand-wrought copper, steel, and wood piece, commissioned by art patron Anne Schlumberger, is the only copper prototype from the series and features concealed compartments for bottle storage, ice bucket, and glassware. The sale was part of the Schlumberger collection, which also included a gold-patinated bronze armchair by Claude Lalanne that fetched $1 million and a pair of bronze gates that sold for $787,400.

rijksmuseum to open satellite branch eindhoven netherlands

The Rijksmuseum, the national museum of the Netherlands in Amsterdam, has announced a partnership with the municipality of Eindhoven to build a satellite branch in the city. The 35,000-square-foot building will be located in a park near Eindhoven Central Station and is expected to open in six to eight years, presenting exhibitions drawn from the Rijksmuseum’s collection of over one million objects, including masterpieces by Rembrandt, Vermeer, and Van Gogh. Major sponsorship comes from Dutch semiconductor company ASML.

ultra contemporary chinese artists market

The article analyzes the auction performance of Chinese artists born after 1990 (post-90s) in the first half of 2025, based on data from the Artnet Price Database and the Artnet Intelligence Report. It highlights a shift from short-term speculation to longer-term competition, with the market showing more robust structure including stratified pricing and wider transactional geography. Key figures include Li Hei Di, whose large-scale painting sold for HK$2.67 million at Sotheby’s Hong Kong, and other artists like Zhang Zipiao, Yuan Fang, and Wang Qianyao achieving consistent mid-range prices between HK$300,000 and HK$800,000. Sales in Hong Kong reached HK$12.4 million, while artists also entered Western markets in New York and London.

simon de pury photos art

The author recounts a visit to the Prado in Madrid, where his attempt to photograph a portrait by Alonso Sánchez Coello was blocked by a guard enforcing a strict no-photography policy. This experience leads him to reflect on the evolution of museum mementos, from postcards—which he used to buy and even had his children select as a curatorial exercise—to the role of social media in sharing art. He recalls his time as curator of the Thyssen-Bornemisza Collection, where postcard sales were a key revenue and popularity gauge, and notes that Instagram now serves as a virtual window into exhibitions and art fairs like Art Basel Miami.

christina vassallo leaving contemporary arts center cincinnati pew center for arts heritage

Christina Vassallo is leaving her role as director of the Contemporary Arts Center (CAC) in Cincinnati, Ohio, effective January 2, 2026, to become the new director of the Pew Center for Arts & Heritage in Philadelphia starting January 5, 2026. Vassallo, who joined the CAC in 2023, oversaw exhibitions including a group show celebrating the 20th anniversary of Zaha Hadid's first completed US building, as well as solo shows by Vivian Browne, Marcus Leslie Singleton, and Sheida Soleimani. Prior to the CAC, she served as executive director of the Fabric Workshop and Museum in Philadelphia, Spaces in Cleveland, and Flux Factory in New York.

louvre leak strike

A water pipe burst at the Musée du Louvre in Paris on November 26, damaging 300 to 400 archival documents related to Egyptian history in the Mollien Pavilion. The leak, which also posed a fire risk due to a nearby electrical cabinet, was followed by a smaller leak days later. Employees, represented by a coalition of unions including CGT, CFDT, and Sud, have voted unanimously to begin a rolling strike next Monday, demanding urgent renovations and the hiring of 200 new staff to restore the workforce to 2014 levels. The Louvre's director Laurence des Cars had previously warned that the museum's buildings were in "poor condition" and "no longer water tight," and a major renovation was announced, but pipe repairs were not scheduled until September 2026.

hauser and wirth sicily

Mega-gallery Hauser & Wirth is acquiring the historic Palazzo Forcella De Sata in Palermo, Sicily, as confirmed by president and cofounder Iwan Wirth. The property, a 19th-century eclectic architectural landmark that hosted Manifesta 12 in 2018, was purchased in mid-November, though Sicilian authorities and Italy’s Ministry of Culture have a two-month window to preempt the sale due to historical monument restrictions. The gallery plans to use the main floor as exhibition space, with renovations potentially completed by 2030.

artnews awards 2025 jury

The second annual ARTnews Awards have announced their 2025 winners, selected by a jury of five esteemed US-based curators: Ryan N. Dennis (Co-Director & Chief Curator, Contemporary Arts Museum Houston), Anne Ellegood (Executive Director, Institute of Contemporary Art, Los Angeles), Rosario Güiraldes (Curator of Visual Arts, Walker Art Center, Minneapolis), Ruba Katrib (Chief Curator and Director of Curatorial Affairs, MoMA PS1, New York), and Victoria Sung (Phyllis C. Wattis Senior Curator, Berkeley Art Museum and Pacific Film Archive). These jurors reviewed exhibitions held between August 2024 and July 2025, meeting twice alongside two ARTnews senior editors to nominate and select winners across six categories.

chief curator leaves george lucas museum

Pilar Tompkins Rivas, chief curator and deputy director of curatorial and collections at the Lucas Museum of Narrative Art in Los Angeles, has left the museum less than a year before its scheduled September 2026 opening. The museum stated it has no immediate plans to replace her, with George Lucas continuing to oversee curatorial direction. This departure follows a series of staffing issues, including the exit of director and CEO Sandra Jackson-Dumont in March 2025, layoffs of 22 staff members in May, and the earlier losses of curator Amanda Hunt and curator-at-large Dan Nadel. The $1-billion museum, first announced in 2017, has faced repeated delays due to the pandemic and supply-chain shortages.

london national gallery to raise 1 billion project domani

London's National Gallery has announced Project Domani, a nearly $1 billion initiative to collect 20th- and 21st-century art and build a new wing to house it. The institution has shortlisted six architectural firms—including Foster + Partners, Renzo Piano Building Workshop, and Kengo Kuma and Associates—from 65 entrants in an international competition, with a winner to be announced in April. About half the funds have been raised, with major pledges from Crankstart, the Julia Rausing Trust, and the National Gallery Trust. The wing will be built on the last undeveloped portion of the campus at 30 Orange Street and is projected to open in the early 2030s.

okeeffe seurat phillips collection deaccession

The Phillips Collection in Washington, D.C. has deaccessioned eight major works by artists including Georges Seurat, Georgia O'Keeffe, and Anish Kapoor at Sotheby's fall sales. O'Keeffe's "Large Dark Red Leaves on White" (1927) sold for $7.9 million, a Seurat drawing fetched $4.9 million, while a painting by Arthur Dove fell short of expectations and a Kapoor sculpture failed to sell. The plan, devised by director Jonathan Binstock, aims to fund future contemporary art commissions and collection care, but has sparked an 18-month dispute between museum leadership and the Phillips family descendants over the interpretation of founder Duncan Phillips's legacy.

hong kong fire arts groups asian art news

A devastating fire in Hong Kong's Tai Po neighborhood, which killed at least 151 people, has prompted a period of mourning and led several major cultural institutions to cancel or postpone public events. The Hong Kong Arts Festival and the Hong Kong Jockey Club Charities Trust cancelled a press conference for the "No Limits" program, while M+ rescheduled its "Night: Festive Play" event. Meanwhile, art fairs and galleries continue to announce developments: Kiaf Seoul will run concurrently with Frieze Seoul in 2026, Contemporary Istanbul will introduce a new Focus Asia section, and Art Basel Hong Kong 2026 will feature new sectors Echoes and Zero 10. In the market, On Kawara's "NOV. 27, 1984" sold for HK$8.5 million at Bonhams Hong Kong, and standout results were seen at Sotheby's Hong Kong.

komal shah making their mark foundation forum launch

Komal Shah, a prominent art collector, announced the renaming of her Shah Garg Foundation to the Making Their Mark Foundation, coinciding with a three-day forum in Washington, D.C., scheduled for March 2025. The foundation takes its name from the traveling exhibition "Making Their Mark: Works from the Shah Garg Collection," curated by Cecilia Alemani, which highlights women artists from Shah and her husband Gaurav Garg's collection. The forum, held at the Martin Luther King Jr. Memorial Library, will feature panels, keynotes, and performances organized around themes like Visionary Voices and Changemakers, with Alemani as curatorial director and Loring Randolph as director.

art in america winter collaborations issue

The winter collaborations issue of Art in America explores the often unglamorous, slow-paced nature of creative work, challenging the social-media-driven perception of art-making as fast and dramatic. The issue features pieces on Ira Sachs's film *Peter Hujar's Day*, which depicts the artist's mundane daily routine, and an interview with Chicago-based artists Nick Cave and Bob Faust, who discuss their collaborative practice and the perceived lack of drama in their process. Other highlights include features on Talia Chetrit's fashion-art boundary work, Mernet Larsen's multi-perspective paintings, and the role of licensing agreements with artists' estates.

norton museum of art the leiden collection rembrandt

The Norton Museum of Art in West Palm Beach, Florida, is hosting "Art and Life in Rembrandt’s Time: Masterpieces from the Leiden Collection," an exhibition featuring 17 Rembrandt paintings from the largest private collection of his works. The show includes over 200 additional paintings and drawings by Dutch Golden Age artists such as Frans Hals, Carel Fabritius, and Johannes Vermeer, including the only Vermeer painting held in private hands. The exhibition marks the first major Rembrandt show in Florida and the largest U.S. exhibition of 17th-century Dutch paintings from a private collection, timed to coincide with the 400th anniversary of New Amsterdam's founding.

louvre ticket price hike

The Louvre will raise ticket prices by 45 percent for non-E.U. visitors starting January 14, 2026, with tickets increasing to €32 ($37) for travelers from the U.S., U.K., and China, while E.U. visitors continue to pay €22. The price hike, announced on November 27, is expected to generate €15–20 million annually to fund modernization plans, following intense criticism over aging infrastructure and a $102 million jewel heist in October. The museum also faces structural issues, including the temporary closure of parts of its Sully wing due to fragile support beams, and has implemented an €80 million security master plan.

guggenheim abu dhabi basquiat warhol

The chairman of Abu Dhabi's department of cultural tourism, Mohamed Khalifa Al Mubarak, revealed at a recent briefing that the Guggenheim Abu Dhabi, designed by Frank Gehry and set to open in 2026 on Saadiyat Island, will feature Western masters like Jean-Michel Basquiat, Jackson Pollock, Mark Rothko, and Andy Warhol alongside lesser-known contemporary artists from Asia, Africa, and the Arab world. The museum, originally announced two decades ago and delayed multiple times, will also incorporate augmented reality and artificial intelligence to enhance visitor engagement, and will include music, food, and dance as part of its civic space concept.

mississippi museum of art frank lloyd wright home

The Mississippi Museum of Art (MMA) has acquired the Frank Lloyd Wright–designed property Fountainhead in Jackson, Mississippi, following approval from the Jackson Planning and Zoning Board and City Council. Originally designed in 1948 and completed in 1954 for oil speculator J. Willis Hughes, the 3,558-square-foot Usonian home was later restored by architect Robert Parker Adams and has been on the National Register of Historic Places since 1980. The museum plans to open the home for public tours, with bus transportation from its main campus, and to establish community partnerships.

sothebys modern pritzker exquisite corpse auction results

On Thursday night, Sotheby’s held a three-part sale of Impressionist, Modern, and Surrealist art at the Breuer Building in New York, generating $304.6 million against a cumulative estimate of $218.8 million to $301.2 million. The smallest sale, 13 lots from the collection of Cindy and Jay Pritzker, achieved a “white glove” result with $109.5 million, led by Vincent van Gogh’s *Romans Parisiens (Les Livres jaunes)* (1887) which sold for $62.7 million. The Surrealist offering, “Exquisite Corpus,” from the collection of Nesuhi and Selma Ertegun, featured Frida Kahlo’s *El sueño (La cama)* (1940) which set a record for the artist at $54.7 million, becoming the most expensive work by a woman artist at auction (nominal price).

the push to preserve nina simones childhood home just got a 6 million boost thanks to venus williams and adam pendleton

The childhood home of legendary singer and activist Nina Simone in Tryon, North Carolina, has been fully restored after nine years of effort by an artist coalition led by Adam Pendleton, alongside Julie Mehretu, Rashid Johnson, and Ellen Gallagher. The restoration, completed with a $6 million boost from a charity auction and gala co-hosted by tennis star Venus Williams and Pace Gallery, preserved the 650-square-foot clapboard house to its 1933–1937 condition, including historically accurate materials, an ADA ramp, geothermal climate control, and a century-old magnolia tree named “Sweetie Mae.” The African American Cultural Heritage Action Fund announced the completion, and the property remains closed to the public while community programming and ethical cultural tourism are being planned.

art bites barbie museum collection

Mattel and the Museum of Modern Art (MoMA) have announced a five-year global partnership, launching their first collaborative collection of seven MoMA-inspired Barbie dolls. The debut lineup includes a Van Gogh Barbie featuring a gown inspired by *Starry Night* (1889), alongside other dolls drawing from iconic artworks. This new collection follows Mattel's earlier 2015 Museum Collection, designed by Linda Kyaw, which included Barbies styled after works by Gustav Klimt, Leonardo da Vinci, and Vincent van Gogh, such as a Da Vinci Barbie modeled after the *Mona Lisa* and a Klimt Barbie based on *Portrait of Adele Bloch-Bauer I* (1907).

photo archive historic new york gallery shows

The New York Gallery History Project has launched its first installment: an online archive of Jay Gorney Modern Art, which operated from 1985 to 1998. The archive documents over 90 exhibitions held at the gallery, featuring artists such as Catherine Opie, Jessica Stockholder, Gillian Wearing, Haim Steinbach, and Martha Rosler. The material includes installation views, artwork images, and original invitations, all digitized from analog transparencies and slides. The project is an initiative of the Independent art fair and the Contemporary Art Library, a Los Angeles nonprofit.

anonymous was a woman 2025 grant winners

Anonymous Was a Woman, a grant-making organization supporting woman-identifying artists, has announced 15 recipients of its $50,000 grants for 2025. The winners include Candida Alvarez, Park McArthur, Lola Flash, Kunié Sugiura, and Sonya Kelliher-Combs, among others. Founder Susan Unterberg, who initially remained anonymous, revealed herself in 2018 and named the organization after a Virginia Woolf quotation. The grants are primarily for artists over 40, and the organization has recently expanded to fund environmentally minded projects.