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labubu kasing lung art market 2669643

The article examines the meteoric rise and current cooling of the market for Labubu, the Nordic fanged monster character created by artist Kasing Lung. After a decade of slow development, Labubu exploded in popularity through Chinese toy blind-box manufacturer Pop Mart, leading to record auction sales in 2025. Yongle Auction in Beijing organized the world's first themed Labubu sale, where a mint-green sculpture sold for RMB 1.242 million and a painting, 'Pure' (2021), fetched RMB 1.61 million, setting successive records. The frenzy attracted a diverse range of buyers, from streetwear collectors to traditional ceramics enthusiasts, many of whom share their purchases on social media platforms like Douyin.

gust klimt 100 million club 284649

Sotheby's is offering Gustav Klimt's "Portrait of Elisabeth Lederer" (1914-1916) from the estate of the late collector and philanthropist Leonard Lauder with an asking price exceeding $150 million. The consignment also includes two Attersee landscapes valued at over $70 million and $80 million respectively, potentially generating over $300 million from just three lots. This sale follows Ronald Lauder's record-setting $135 million private purchase of Klimt's "Portrait of Adele Bloch-Bauer I" in 2006, and is guaranteed to set a new auction record for the artist, surpassing the current $108.8 million benchmark.

art how to start art collection advice

Cultured magazine profiles 10 art collectors, sharing the stories of their first acquisitions. The article features collectors such as Miami real estate developer Craig Robins, hotelier Steve Wilson, Allison Sarofim, Brandon John Harrington, James Frey, and Rodrigo Padilla, recounting how they began their collections—from a Dalí sketch and a Matisse drawing to an Andy Warhol portrait and a late-night Instagram purchase. Each narrative highlights the personal, often serendipitous moments that sparked a lifelong passion for art.

It’s the Most Controversial Venice Biennale in Years. Can the Art Stand Up to the Noise?

The 2026 Venice Biennale is embroiled in controversy, with the US Pavilion at the center of a political storm. The Trump administration's State Department overhauled the selection process, bypassing the usual NEA panel and commissioning a nonprofit, the American Arts Conservancy, to organize the pavilion. Artist Alma Allen, who accepted the invitation despite threats from galleries and curators, presents a show that critics find politically muted. The Biennale's jury resigned days before the opening, and annual prizes were canceled, adding to the turmoil.

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.

‘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.

With Ruth Asawa, MoMA is set to open its biggest show ever by a woman artist

MoMA is opening "Ruth Asawa: Retrospective" on October 19, 2025, running through February 7, 2026, featuring 275 works by the artist, including over 60 looped-wire sculptures, bronze casts, paper folds, and drawings. The exhibition, which previously appeared at SFMoMA, occupies 16,000 square feet on MoMA's sixth floor and is the largest show ever devoted to a woman artist at either institution by checklist count, though neither museum has emphasized this superlative.

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.

Beer With a Painter: Tom Burckhardt

Artist Tom Burckhardt discusses his creative process and upbringing in a studio interview, highlighting his upcoming work and the influence of his New York School lineage. The son of artists Yvonne Jacquette and Rudy Burckhardt, he explores the concept of "mouthfeel" in painting—a textural quality that parallels culinary experiences—while utilizing humor and skepticism to challenge artistic pretension.

martin scorsese lucas museum panel at new york comic con 1234756022

Martin Scorsese will moderate a panel at New York Comic Con on Sunday, organized by the Lucas Museum of Narrative Art. The panel features street artist JR and fantasy painters Boris Vallejo and Julie Bell, offering a preview of the museum's renderings, artworks, and a prerecorded interview with founders George Lucas and Mellody Hobson. The museum, originally slated to open in 2023, has faced delays and is now expected to open in 2026, following a tumultuous year that included the departure of director Sandra Jackson-Dumont and staff layoffs.

Never-Before-Seen Stanley Kubrick Photos Debut in New York

A collection of 18 previously unseen photographs by legendary filmmaker Stanley Kubrick will make its public debut at the Photography Show in New York. Discovered by the Duncan Miller Gallery within a larger archive purchase, these images date back to 1945 when a teenage Kubrick worked as a staff photographer for Look magazine. The series captures candid, late-night scenes within the New York City subway system, utilizing a concealed shutter release to document commuters in their most natural states.

London Saw Few Auction Shakeups as Guarantees Steadied the Market

Christie’s marquee evening sales in London achieved a combined total of £197.5 million ($263.8 million), characterized by a steady, prearranged atmosphere rather than high-stakes drama. The auction house relied heavily on financial safety nets, with a 52 percent year-over-year increase in third-party guarantees ensuring the sale of 21 key lots. While the event featured a theatrical unveiling of a new rostrum designed by Sir Jony Ive, the actual bidding remained largely conservative and focused on blue-chip stability.

Sotheby’s Opens the London Spring Marquee Sales With a £131M White-Glove Night

Sotheby’s London kicked off the spring auction season with a "white-glove" Modern & Contemporary Evening Sale, totaling £131 million ($176 million). Despite significant geopolitical instability and market anxiety following recent escalations in the Middle East, the auction achieved a 100 percent sell-through rate across 54 lots. Key highlights included works by Andy Warhol, a Claude Monet landscape once owned by John Singer Sargent, and a Jean-Michel Basquiat painting that sold for £3.7 million after a mid-sale renegotiation.

Florian Krewer

German artist Florian Krewer, known for dreamlike paintings that blend memory and fantasy, has opened a solo exhibition titled 'Cruel The Night Café' at a former London pub, the Blue Lion on Gray's Inn Road. The show features new works and works on paper inspired by New York's evening hours. The pub was recently purchased by The Perimeter, a neighboring foundation, and will be redeveloped into an adjoining exhibition space. The article also includes a studio visit interview where Krewer discusses his South Bronx workspace, his solo practice, and his unusual Primer brush tool.

11 Must-See Museum Shows This Fall

Maxwell Rabb's article for Google News highlights 11 must-see museum exhibitions opening worldwide in fall 2025. Among the featured shows are Ayoung Kim's "Delivery Dancer" video trilogy at MoMA PS1 in New York, the largest UK survey of Kerry James Marshall's work titled "The Histories" at the Royal Academy of Arts in London, and "Strange Realities: The Symbolist Imagination" at the Art Institute of Chicago, which explores the Symbolist movement across Europe. The article also mentions other major retrospectives and thematic exhibitions spanning Symbolism to Nigerian modernism.

The School That Became a Refuge for Artists From Georgia O’Keeffe to Tony Smith

The Art Students League of New York, founded in 1875, is celebrating its 150th anniversary with an exhibition titled "Shaping American Art: A Celebration of the Art Students League of New York at 150." The show features 87 works by famous alumni and instructors, including Alexander Calder, Louise Bourgeois, Norman Rockwell, Tony Smith, and Robert Rauschenberg, drawn from the school's collection and supplemented by loans. Curated by Esther V. Moerdler and Ksenia Nouril, the exhibition spans the school's main gallery, lobby, registration office, and café, highlighting the League's unique open-enrollment, non-degree atelier model that has instructed some 200,000 students since its founding.

Meet 6 Visionary Women Shaping the Art World in 2025

This article profiles six visionary women shaping the art world in 2025, beginning with British designer Es Devlin, known for her immersive stagecraft and large-scale installations. It highlights her recent role as global artistic lead of the Women’s Pavilion at Expo 2025 in Osaka, where she created a participatory sound installation. The piece also features Tokini Peterside-Schwebig, founder of ART X Lagos, West Africa's leading international art fair, which celebrates its tenth anniversary in 2025. Peterside-Schwebig is a cultural entrepreneur and collector who has expanded the fair into initiatives like ART X Live!, the Access ART X Prize, and a school program for underprivileged children.

art christine berry martha campbell gallery

Gallerists Christine Berry and Martha Campbell, founders of Berry Campbell gallery, have spent 13 years rediscovering and championing overlooked 20th-century female artists such as Ethel Schwabacher, Judith Godwin, Bernice Bing, and Lynne Drexler. They will present works by these artists at Art Basel Miami Beach for the second consecutive year, following a record-breaking $2 million sale of Drexler's painting at Christie's in 2025. The duo, who previously worked under Ira Spanierman, launched their gallery in 2013 and have since built a market for artists whose careers were marginalized by gender bias.

art charlie marder east hampton

Cultured magazine's Hamptons issue features an interview between designer Robin Standefer and Charlie Marder, the East End horticulturalist known as the 'tree whisperer.' Marder, who co-founded an eponymous Bridgehampton nursery with his wife Kathleen—dubbed 'a horticultural MoMA' by the New York Times—has assembled a sprawling field of massive geological specimens across from the nursery. The rocks, some weighing 10 tons, are salvaged from development sites and quarries. Standefer, who purchased one of Marder's boulders for her birthday, discusses with Marder the ethics of placement, the personalities of stones, and the human urge to give new life to ancient matter.

collectors queer art pride month

CULTURED revisits four collector questionnaires from Pride Month, featuring Rob and Eric Thomas-Suwall (the Icy Gays), Chad Leat, and Ilan Cohen. Each collector shares their personal journey, motivations, and the LGBTQ+ artists they champion, including Salman Toor, Dominique Fung, Anna Weyant, Roni Horn, John Giorno, Wolfgang Tillmans, Doron Langberg, Louis Fratino, and TM Davy. The article offers intimate glimpses into their homes and collections, highlighting how they discovered art, built relationships with dealers, and navigated collecting from remote or non-traditional locations.

larry gagosian bookhampton summer reading

Larry Gagosian, the world-renowned art dealer, has purchased BookHampton, an independent bookstore in East Hampton, after its original owner put it up for sale last fall. In an interview for CULTURED's new column "Required Reading," Gagosian discusses his reading habits, his plans to maintain the store as a community hub while expanding its art and design offerings, and shares his personal summer reading list, which includes biographies of Douglas Cooper and Albert Barnes.

Researchers at Art Gallery of Ontario identify painter and subject of 18th-century portrait of Black woman

Researchers at the Art Gallery of Ontario have identified the artist and sitter of an 18th-century portrait of a young Black woman. The painting, purchased in 2020, is now titled 'Portrait of Eleonora Susette' (1775), revealing the subject as a woman born around 1756 in the Dutch colony of Berbice (now Guyana). The artist is Berlin-born Jeremias Schultz, who painted the portrait in Amsterdam after Eleonora Susette was brought there by her enslaver, the artist's cousin.

Rothko Leads Sotheby’s $433.1 M. Contemporary Art Sale, UK Returns Artifacts to Ethiopia, and More: Morning Links for May 15, 2026

Sotheby’s kicked off the May marquee auction season with a $433.1 million result from its modern and contemporary art evening sales in New York. The sale was led by Mark Rothko’s painting *Brown and Blacks in Reds* (1957), which sold for $85.8 million from the estate of late dealer Robert Mnuchin, who had purchased it in 2003 for $6.7 million. The auction also saw strong results for works by women artists like Joan Mitchell and ultra-contemporary artists such as Ding Shilun and Yu Nishimura. Separately, the King’s Own Royal Regiment Museum Trust in the UK returned looted artifacts to Ethiopia, including a lock of hair and blood-stained cloth belonging to Emperor Tewodros II, taken during the Anglo-Indian Expedition of 1868.

Botticelli under UK export ban purchased by Klesch Collection

A Botticelli painting, *The Virgin and Child Enthroned* (1470s), valued at £10.2 million, has been purchased by the Klesch Collection, a British private collection, after the UK government placed an export bar on the work in May 2025. The painting, which sold at Sotheby’s London in late 2024 for £9.7 million, will be loaned to the Ashmolean Museum in Oxford for three years, ensuring it remains in the UK.

An Auction Without Bidding: Loïc Gouzer’s Latest Bet on How to Sell Art

Loïc Gouzer's auction app Fair Warning is launching a new sales format called "No Warning." The system eliminates bidding wars; a work is listed with a price, and buyers can either purchase it immediately or submit a single, binding offer. The highest offer is presented to the seller, who decides to accept or reject it, with no public record of the sale unless disclosed by the parties. The first test of the format is a 1999 Elizabeth Peyton watercolor priced at $400,000.

Restored Victorian greenhouse links Brooklyn's Green-Wood Cemetery to its living neighbours

Brooklyn’s historic Green-Wood Cemetery has unveiled the 'Green-House,' a $34m welcome and education center centered around a meticulously restored 1895 Victorian cast-iron greenhouse. Designed by Architecture Research Office (ARO), the facility includes classrooms, research archives, and dedicated gallery spaces. The project transforms a formerly dilapidated commercial florist shop into a modern gateway that connects the 478-acre National Historic Landmark to its surrounding urban neighborhood.

Billionaire Collector Ken Griffin’s Basquiat Buying Spree Continues

Billionaire collector Ken Griffin has significantly expanded his holdings of Jean-Michel Basquiat, notably acquiring the 1983 masterpiece 'In Italian' from the collection of Peter Brant. The acquisition came to light through press materials for an upcoming exhibition at the Pérez Art Museum Miami (PAMM) titled "Basquiat: Figures, Signs, Symbols," which will showcase nearly a dozen works from Griffin’s private collection. The show, curated by PAMM director Franklin Sirmans and Griffin’s curator Megan Kincaid, includes other high-profile acquisitions such as the 1982 'Untitled (Skull)' previously purchased from Yusaku Maezawa.

Local Resort Reportedly Pays $45 M. for Rauschenberg’s Famed Captiva Island Property

South Seas, a resort on Florida's Captiva Island, has purchased Robert Rauschenberg's 22-acre property, including his studio and beachfront, for $45 million. The Robert Rauschenberg Foundation sold the estate, citing unsustainable maintenance costs and the need to focus on its core mission, despite the property having survived Hurricane Ian.

orientalist painting philadelphia penn museum auction 1234777819

The Penn Museum at the University of Pennsylvania is courting controversy by consigning a major 1891 painting by Ottoman artist Osman Hamdi Bey, titled "At the Mosque Door," to Bonhams London with an estimate of $2.7–$4 million. Although the museum purchased the work directly from the artist in 1895, it was never formally accessioned into the collection, allowing the institution to bypass strict industry regulations that typically prohibit using art sale proceeds for anything other than new acquisitions or collection care. The museum intends to use the funds to establish a permanent endowment for the long-term maintenance of its vast archaeological holdings.

The rise and fall of ‘buy-one, give-one’ art sales

A once-common sales tactic in the contemporary art market, known as "buy-one, give-one" or "bogo," has significantly declined. Under this arrangement, collectors gained preferential access to in-demand artists' paintings by agreeing to purchase two works and donating one to a museum. The practice peaked from 2021 to 2023, with institutions like the Metropolitan Museum of Art and the Institute of Contemporary Art, Miami, acquiring works this way.