Confidence in the art market is rising, with a significant increase in dealers expecting sales growth in 2026 according to the latest Art Basel and UBS Global Art Market Report. The report, authored by economist Clare McAndrew, notes that 43% of dealers anticipate improvement, a 10-point jump from the previous year, though recovery remains uneven due to high costs and trade barriers.
Jeweled Snuffboxes Stolen in Brazen Paris Heist Go on Display
Two 18th-century jeweled snuffboxes, stolen in a 2024 axe-wielding heist at Paris's Musée Cognacq-Jay, have been restored and will go on display at London's Victoria and Albert Museum. The boxes, part of the Rosalinde and Arthur Gilbert Collection, were among seven luxury objects stolen; five were later recovered after an insurance payment, but a third snuffbox remains missing.
Sculptor Alma Allen has officially joined Perrotin, a move that follows his high-profile departure from former galleries Mendes Wood DM and Olney Gleason. The transition comes as Allen prepares to represent the United States at the 2026 Venice Biennale with the exhibition "Alma Allen: Call Me the Breeze," curated by Jeffrey Uslip. The artist reportedly split with his previous representation after they opposed his acceptance of the Biennale commission under the current political climate.
The UK government has issued a temporary export ban on Howard Hodgkin’s painting "Mrs Acton in Delhi" (1967–71) following its record-breaking £1.7 million sale at Bonhams. The Department for Culture, Media, and Sport (DCMS) intervened after the buyer applied for an export license, triggering a deferral period that allows British museums or galleries until June 4 to match the auction price and keep the work within the country.
Artist Nick Cave and his partner Bob Faust have transformed an abandoned Chicago textile factory into a vast live-work-gallery complex called Facility. The space houses their apartment, studios for themselves and ten assistants, and a street-facing gallery for emerging artists. Cave is preparing for a major exhibition, "Mammoth," at the Smithsonian American Art Museum, while also working on large-scale public commissions, including a sculpture for Princeton University Art Museum and a collaborative installation for the Obama Presidential Center.
Alissa Friedman has returned to Salon 94, the New York gallery where she spent 15 years shaping its identity, after a stint at Stephen Friedman Gallery's US outpost, which is closing. In an interview with ARTnews, she discusses the gallery's early days in the mid-2000s, its unconventional program that embraced Indigenous artists, ceramics, and design before such categories were widely accepted, and how the art world has since aligned with that vision. She also explains her departure in 2021 when founder Jeanne Greenberg Rohatyn joined LGDR, as Friedman preferred working directly with living artists.
Nicolas Party's exhibition "Dead Fish" at Karma gallery in Chelsea, New York, features approximately 40 postcard-sized oil-on-copper works and a mural of three dead fish, a departure from his usual large-scale pastel paintings. Only 10 of the works were for sale, priced between $165,000 and $205,000, and all sold quickly. The show includes replicas of his earlier compositions, described as a "retrospective in miniature," with many pieces drawn from his archive and not available for purchase.
The United States invaded Venezuela in a military operation that seized President Nicolás Maduro and his wife Cilia Flores, who will face federal charges in New York. The Trump administration has stated it will run the country until a favored government is installed, while Vice President Delcy Rodriguez has been sworn in as interim president. The operation has sparked global protests and mixed reactions among Venezuelans, with some celebrating Maduro's ouster and others condemning the violation of international law.
Artnet News highlights the top photography moments of 2025, including Sara Cwynar's exhibition of search-engine images at ICA Boston, Inuuteq Storch's debut at MoMA PS1 showcasing his Greenlandic hometown, and Dietemar Busse's Polaroid portraits celebrated at Amant, New York. The year also saw Wolfgang Tillmans' blockbuster farewell exhibition at the Centre Pompidou before its five-year renovation, and Marian Goodman Gallery's inaugural show of Ana Mendieta's work, "Back to the Source," featuring her iconic photographs and performances. Mendieta's work was also spotlighted at Art Basel Miami Beach, with her piece "Sandwoman" (1983) drawing emotional responses from visitors.
The Mattress Factory, a contemporary art museum and residency program in Pittsburgh, has appointed Anthony Elms as its artistic director, effective February 2024. Elms, who previously served as chief curator at the Institute of Contemporary Art, Philadelphia and as a director at Peter Freeman, Inc., will oversee all artistic programming, including exhibitions, commissions, and the residency program. He was also a cocurator of the 2014 Whitney Biennial and recently organized a solo exhibition for Rodney McMillian at the Henry Art Gallery.
This week's art industry roundup covers major auction results, gallery representation changes, museum leadership shifts, and a high-profile art theft. François-Xavier Lalanne's *Hippopotame Bar* sold for $31.4 million at Sotheby's Breuer headquarters, setting a record for both the artist and design works. A Tiffany Magnolia floor lamp also set a new auction record at Sotheby's, fetching $4.4 million. Meanwhile, a New Jersey auction house quietly sold over $100,000 of Jeffrey Epstein's belongings, including artworks, without disclosing his ownership. In the gallery world, several artists changed representation, and former Clearing director John Utterson joined Thaddaeus Ropac. Museum news includes the Smithsonian's National Museum of Asian Art repatriating three Khmer-era sculptures to Cambodia, Maria Balshaw stepping down as Tate director, MoMA PS1 offering free admission starting January 1, and the Rijksmuseum planning a new branch in Eindhoven. Additionally, eight rare Matisse prints and five works by Candido Portinari were stolen from São Paulo's Mário de Andrade Library.
This week's art industry moves include South Arts appointing Doug Shipman as its next president and CEO, departing his role as Atlanta City Council president to lead the regional nonprofit across nine Southern states. London gallery Alison Jacques now represents Cape Town–born painter Gina Kuschke, with a debut solo exhibition opening January 15. Gallery Wendi Norris in San Francisco will represent the Marie Wilson estate, while Berlin's Galerie Judin adds Jorinde Voigt to its roster in partnership with David Nolan, Dirimart, and Sicardi | Ayers | Bacino. Thaddaeus Ropac appoints John Utterson as director in London, and Aperture secures $2 million in gifts toward its new permanent home. A record $31.4 million was paid for François-Xavier Lalanne's 'Hippopotame Bar' at Sotheby's New York, tripling its high estimate. The article also notes a growing trend of consultancies—mostly US- and European-based—being hired to help the UAE, Qatar, and Saudi Arabia build their cultural sectors.
Jack Shainman Gallery has formally responded to a lawsuit filed by artist Odili Donald Odita, who accused the New York gallery of refusing to return his artworks. Odita, whose work has been shown at the Venice Biennale and who recently painted the atrium of the Museum of Modern Art, claimed the artworks were worth $1.12 million. In a late November filing, the gallery countered that it holds far less inventory than Odita alleges and that the artist still owes money for production costs. The gallery disclosed that it had paid Odita a monthly stipend starting in 2016—$14,000 per month at its peak—which stopped in 2024, and that Odita had received $586,000 in loans. The gallery claims it has the right to retain five works valued at $650,000, which were consigned to David Kordansky Gallery, and that Odita must repay over $292,000 in outstanding loans.
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The US Department of State has confirmed that sculptor Alma Allen will represent the United States at the 2026 Venice Biennale. Allen, a Utah-born, Mexico-based artist known for abstract biomorphic sculptures, was selected after a fraught selection cycle that included updated guidelines requiring proposals to promote American values. He was approached directly by curator Jeffrey Uslip, who will organize the US pavilion, and accepted the offer despite reportedly being advised against it by his former galleries Mendes Wood DM and Olney Gleason, which subsequently cut ties with him.
Alma Allen, a self-taught Utah-born sculptor based in Mexico, has been confirmed as the U.S. representative for the 61st Venice Biennale, opening in May. His pavilion exhibition, titled “Alma Allen: Call Me the Breeze,” will be curated by Jeffrey Uslip and commissioned by Jenni Parido of the American Arts Conservancy. Allen’s selection is notably unconventional: he has no major museum solo exhibitions and was dropped by his galleries, Mendes Wood and Olney Gleason, after accepting the commission. The U.S. State Department’s brief release frames the presentation as highlighting “alchemical transformation of matter” and “elevation,” aligning with the Trump Administration’s focus on “American excellence.”
Machteld Rullens, a Dutch artist based in The Hague, is presenting her second solo exhibition with Page (NYC) titled “Beacon Road,” jointly staged at Andrew Kreps Gallery in New York. The show features works created during a residency at the Josef and Anni Albers Foundation in Connecticut, using discarded cardboard boxes that Rullens collects from recycling bins and other sources. Her sculptures, which initially appear ceramic or metallic, are actually intricate assemblages of cardboard, exploring form, commodity, and waste. The exhibition marks a departure from her earlier work, with crushed and folded forms and exposed bolts conveying a sense of restrained energy.
The article profiles 20th-century textile artist Ethel Stein, who remained largely unrecognized during her lifetime despite creating technically rigorous weavings. A new exhibition titled "Master of the Loom" at New York's Sapar Contemporary (on view through November 17) showcases her geometric, rhythmic works. Stein, who studied under Josef Albers at the Bauhaus and designed a unique loom now held by the Art Institute of Chicago, also had a playful side: she began her career as a puppeteer and created the puppet that became Lamb Chop, the beloved character performed by Shari Lewis on PBS. The exhibition highlights works such as "Rust Abstract," "Indigo 25," and "Black and White," which demonstrate her mastery of complex weaving structures and geometric abstraction.
Reginald Madison, a self-taught painter and sculptor from the Black Arts Movement in Chicago, has joined Uffner & Liu gallery for representation. Paul Soto Gallery now represents John Sandroni, whose work is currently on view in New York. KSS Architects completed a new Learning and Engagement Center at the Newark Museum of Art. Meanwhile, at least eight blue-chip galleries have dropped out of Art Basel Miami Beach, and Karim Crippa has been appointed director of Art Basel Paris. Christie’s four auctions held concurrently with Art Basel Paris totaled $107.4 million, with Yves Klein’s "California (1KB 71)" selling for $21.3 million, a record for the artist in France.
Drax Fine Art, LLC has filed a lawsuit against David Kordansky Gallery, the Sam Gilliam Foundation, and the late artist's widow Annie Gawlak, alleging they conspired to disavow and defame an authentic Sam Gilliam drape painting from 1972. Drax claims the work was acquired from Carl Solway Gallery in Cincinnati, installed in an architectural firm's lobby, and later purchased by Drax. The plaintiff seeks $6 million in damages, accusing the defendants of blocking an auction sale by claiming restoration efforts constituted irreparable damage. The defendants call the claims "absolutely frivolous," asserting the unsigned, undated piece does not conform to Gilliam's practice and may be a studio remnant.
Artnet News' Wet Paint column reports on two summer art parties. The White Columns benefit auction in New York raised $350,000, with works donated by 60 commercial galleries. Highlights included a KAWS 'Companion' piece selling for $16,500 and a Florian Krewer painting for $14,000, auctioned by director Matthew Higgs. Separately, London gallerist Sadie Coles has vacated her 1 Davies Street space after a decade and will open a new 6,000-square-foot location at 17 Savile Row, a historic townhouse that once housed the Burlington Fine Arts Club.
Marley Freeman is preparing for her new exhibition "no when" at Karma's Chelsea gallery, running through July 18, 2025. The article delves into her background as the daughter of a textile dealer, which deeply influences her abstract paintings made from gesso, acrylic, and oil. Freeman's career includes breakout shows with Karma in 2019 and 2022, and her works are held by LACMA, the Hammer Museum, and the Whitney Museum. She has collaborated with artists Lukas Geronimas and Jared Buckhiester, and her current show features collaborative pieces.
This week's art industry roundup covers major personnel changes at Phillips, with Cheyenne Westphal stepping down as global chairwoman and Jean-Paul Engelen departing for Acquavella Galleries, alongside promotions of Robert Manley and Miety Heiden. Auction results show mixed performance: Christie's Riggio collection brought $488.8 million, but Sotheby's and Phillips saw declines, while Marlene Dumas set a record for a living woman artist at Christie's. Other highlights include the launch of Derrick Adams' Scout Art Fair in Baltimore, Art Basel's inaugural awards, and the opening of Destinee Ross-Sutton's gallery in Stockholm.
This week's art industry roundup covers major developments across art fairs, auction houses, galleries, and museums. At Expo Chicago, emerging artist Auudi Dorsey sold her painting *Rumble* (2025) for $14,000 on opening day at Palo Gallery, while the fair featured 170 exhibitors including 20 from South Korea amid tariff concerns. Vienna Contemporary appointed Abaseh Mirvali as artistic advisor for 2025-2026. Sotheby's was selected by Barbara Gladstone's estate trustees to sell her collection, starting with a May 15 single-owner sale of 12 works estimated at over $12 million. Nine artworks from the Anne and Sid Bass collection head to Christie's New York, and Sotheby's secured a $70 million Alberto Giacometti sculpture for its May 13 evening sale. Philipp Kaiser departed Marian Goodman Gallery after six years. Customs backlogs from President Trump's import policy changes are causing shipping headaches, with DHL halting business-to-consumer shipments over $800 to the U.S. Air de Paris withdrew from Art Basel. Mexico City gallery OMR hired Agustina Ferreyra as director. Angelica Jopling is expanding her London gallery Incubator to New York. Alexander Gray Associates now represents Donald Moffett. In museums, the National Endowment for the Humanities, following DOGE staff cuts, is offering grants up to $600,000 for statues for Trump's National Garden of American Heroes. CCS Bard appointed Lauren Cornell as artistic director and Mariano Lopez Seoane as graduate program director. The New York Academy of Art named Paul R. Provost president. The Artists' Legacy Foundation appointed Daisy Murray Holman executive director. The Speed Art Museum named Diallo Simon-Ponte assistant curator. The Garage Museum of Contemporary Art in Moscow appointed Daria Kotova director. The Nasher Sculpture Center named Carlos Basualdo director. The Cultural Infrastructure Index reported a 17% drop in completed cultural projects in 2024.
The article reviews the sixth edition of MoMA PS1's quinquennial survey 'Greater New York 2026,' which coincides with the institution's 50th anniversary. It highlights works by artists such as Covey Gong, Win McCarthy, Mekko Harjo, and Sophie Friedman-Pappas, noting how the exhibition's themeless structure and use of reflective surfaces create a hall of distorted reflections. The show includes 53 emerging and midcareer artists, mostly millennials, and is accompanied by a block party and gala rather than a dedicated commemorative exhibition like FORTY (2016).
Nacho Polo and Robert Onuska, co-founders of the design gallery Studiotwentyseven, discuss their art collection in an interview with The Art Newspaper. Housed in their Tribeca apartment, the collection spans painting, sculpture, and photography with an emphasis on materiality and sculptural form. They recount their first acquisition—Ron Gorchov's *Autolykos* (2019)—and their most recent purchase, Alex Katz's *Nine Women 5* (2009). The couple also shares their instinctive buying process, a regret over missing a Nick Cave sculpture, and their anticipation for the Jean and Terry de Gunzburg collection at Sotheby's this spring.
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Chief art critic Adrian Searle is leaving his full-time role at the Guardian after nearly 30 years, with his final article scheduled for April 1. He will continue to contribute occasional pieces to the publication.
Sperone Westwater, the venerable New York gallery that celebrated its 50th anniversary two months ago, will close as an entity on December 31, 2025. Co-founders Angela Westwater and Gian Enzo Sperone have decided to pursue separate endeavors, affecting 28 artists and estates. The gallery, known for representing legends like Bruce Nauman and David Lynch, will continue its current Richard Long show through December 13 and attend Art Basel Miami Beach as planned. The closure follows months of rumors and comes as both partners are in their 80s.
Artnet News's Wet Paint column reports that Lomex gallery founder Alexander Shulan and art advisor Ralph DeLuca are partnering to open a new gallery, Lomex Las Vegas, in an old atomic ranch home three miles from the Strip. The space, located in a historic neighborhood where parts of Martin Scorsese's 'Casino' were filmed, will feature seasonal exhibitions, performances, and events curated by Shulan, with a new roster of artists distinct from Lomex's existing lineup. Separately, the column introduces Marvin, an AI-generated Instagram influencer who mimics a techno-optimistic art speculator and leaves ChatGPT-style comments on art world accounts.
The family of Op Art pioneer Victor Vasarely is leading a major restoration effort for his foundation's iconic building and artworks in Aix-en-Provence. The striking 50-year-old structure, a historic monument, had suffered from years of neglect, leaking roofs, and failed climate systems, with many of its 42 monumental site-specific works in urgent need of conservation. A €12 million renovation, 85% publicly funded, has addressed the building's fabric, but restoring the complex artworks remains a slow, costly process.
Melissa Chiu is stepping down as director of the Hirshhorn Museum and Sculpture Garden after a decade-long tenure to lead the Solomon R. Guggenheim Museum in New York. Appointed by Guggenheim Foundation CEO Mariët Westermann, Chiu will officially assume her new role on September 1, while deputy director Aaron Seeto takes the interim helm at the Hirshhorn.