A secret, invitation-only auction for a single Andy Warhol portrait of Brigitte Bardot was held at a private bar in New York on November 19, 2025, during the major public auction week. Organized by the online platform Fair Warning and presided over by former Christie's auctioneer Jussi Pylkkänen, the event attracted elite collectors and resulted in a $16.7 million sale, making it the most expensive Warhol of the season.
Artnet News analyzed the 10 most expensive lots sold at auction in 2024, drawing on the Artnet Price Database. The top lot was René Magritte's *L'Empire de Lumières* (1954), which sold for $121.2 million at Christie's New York in November, setting a new auction record for the artist and becoming the only work to break nine figures this year. Other notable sales included Ed Ruscha's *Standard Station, Ten-Cent Western Being Torn in Half* (1964) at $68.3 million, Claude Monet's *Nymphéas* (1914–17) at $65.5 million, and Jean-Michel Basquiat's *Untitled (ELMAR)* (1982) at $46.4 million. Seven of the top 10 lots sold in New York, with Hong Kong, London, and Vienna also represented.
Art Basel Paris 2025, now in its fourth edition, took place from October 22–26 at the restored 1900 Paris Exposition venue, a Beaux-Arts landmark with Art Nouveau iron and glasswork. The fair hosted 206 international galleries and introduced a new 'Avant-Première' V.V.I.P. day on October 21, where each gallery could allocate six guest passes. Blue-chip sales were swift, led by Hauser & Wirth selling Gerhard Richter's *Abstraktes Bild* (1987) for $23 million to a European collector. Other notable sales included Bruce Nauman's neon sculpture *Masturbating Man* for over $4.7 million and Amedeo Modigliani's *Jeune fille aux macarons* (1918) for $10 million at Pace Gallery. The fair also featured curatorial sectors Emergence (16 solo presentations by emerging artists) and Premise (ten historical projects with works predating 1900).
Hyperallergic compiled a list of notable April Fools' Day pranks executed by major arts and cultural institutions in 2025. The jokes included the Morgan Library and Museum pretending to give its ornate interior a cheap "Landlord Special" makeover, the New York Public Library announcing it would replace its iconic lion statues with beaver sculptures, and the Brooklyn Museum and Brooklyn Botanic Garden proposing a whimsical, amusement park-style tunnel connecting their campuses.
Gagosian has secured special permission from Art Basel Paris to exhibit a rediscovered Old Master painting by Peter Paul Rubens, titled "The Virgin and Christ Child, with Saints Elizabeth and John the Baptist" (c. 1611–14), at a fair that typically restricts its main sector to works created between 1900 and 2025. The painting, last sold at Sotheby’s New York in 2020 for just over $7 million, will be shown alongside modern and contemporary works by artists such as John Currin, Jenny Saville, and Pablo Picasso. The exception was granted by Art Basel’s management and Selection Committee due to the work's exceptional quality and its resonance with the gallery's booth.
Numéro magazine presents a curated guide to 12 contemporary art exhibitions across France during the 2025 Christmas holidays. Featured artists include Josèfa Ntjam at the IAC Villeurbanne, Alison Knowles (posthumous retrospective) at MAMC+ Saint-Étienne, Korakrit Arunanondchai at the Consortium in Dijon, Sylvie Fleury at Mrac Occitanie in Sérignan, and Clément Cogitore at Mucem in Marseille, among others. The article provides details on dates, locations, and thematic highlights for each show.
Christie's kicked off New York's November auction season with a double-header 20th-century evening sale on November 17, generating $574.7 million before fees and $690 million with fees. The sale featured 80 lots, including 18 from the collection of supermarket magnate Robert Weis and his wife Patricia Ross Weis, with highlights such as Pablo Picasso's *La Lecture (Marie-Thérèse)* selling for $45.4 million and Mark Rothko's *No. 31 (Yellow Stripe)* achieving $62.1 million. Two artist records were set, including for Leonor Fini, and the sale achieved a 94% sell-through rate, with 59 lots backed by third-party or house guarantees.
Artnet News reports on the rediscovery of Colombian artist Luis Fernando Zapata (1951–1994), whose solo booth at Art Basel Miami Beach features works from 1988 to 1994 that resemble ancient artifacts. The booth, titled “The Immemorial: The Transcendence of Luis Fernando Zapata,” is presented by Bogotá’s Galería Elvira Moreno in the fair’s Survey sector, which highlights historically significant art made before 2000. Zapata’s pieces—including totemic shields, a mud-brown sarcophagus with cuneiform-like glyphs, barques, steles, and his “excavaciones”—are mostly hand-sculpted papier-mâché, evoking ritual and imagined cosmologies. Diagnosed HIV+ in the mid-1980s, Zapata died in 1994, leaving a body of work that has remained largely absent from the queer canon and art-world consciousness until now.
Workers at two major museums, the Tate in the U.K. and the Metropolitan Museum of Art in New York, are taking labor action to demand higher wages and job security. Over 150 Tate staff from the PCS Tate United union went on strike across four locations, with picketing at Tate Britain, Tate Modern, and Tate Liverpool, disrupting the opening of the exhibition "Turner and Constable: Rivals and Originals." Meanwhile, nearly 1,000 employees at the Met have petitioned the National Labor Relations Board for a union election, which would be one of the largest museum unions in the U.S.
Hundreds of artists, gallery owners, and collectors staged coordinated sit-ins at major Spanish museums, including the Museo Reina Sofía, to protest the country's 21 percent Value Added Tax (VAT) on art sales. Demonstrators gathered around Richard Serra’s 'Equal-Parallel/Guernica-Bengasi'—a replica of a work that famously vanished from storage—to symbolize the potential disappearance of the Spanish art sector under current fiscal pressures. The protests included demands for the resignation of the culture and finance ministers and calls for tax parity with European neighbors.
The Louvre Museum in Paris was forced to close on Monday, January 12, 2026, after staff launched a strike over pay, staffing levels, and working conditions. The closure is the latest in a series of disruptions since mid-December, including a three-day walkout before Christmas and multiple delayed openings in early January. Unions representing employees say the museum is understaffed, poorly maintained, and workers are overworked, calling for increased hiring, higher wages, and greater infrastructure investment. The labor unrest has been compounded by heightened scrutiny following an October daytime robbery of crown jewels valued at over $100 million, and tensions have also flared over a proposed standalone gallery for Leonardo da Vinci's *Mona Lisa*, which unions deem unrealistic given existing problems.
In 2025, art fairs and auction houses have deepened their integration with luxury brands, with Sotheby's and Christie's reporting that luxury items like handbags, jewels, and watches now account for a significant share of revenue—roughly a third at Sotheby's, with private luxury sales surging 350% year-on-year. Art fairs such as Frieze London and Art Basel's global editions have moved beyond traditional sponsorship, embedding luxury partners like Tiffany & Co., Ray-Ban, Stone Island, and De Beers into curated sections, mentorship programs, and immersive installations. Industry figures like Marc Spiegler and Emily Glazebrook emphasize that the most successful collaborations prioritize artists over brands, with initiatives like UBS's Unlimited sector and the Chanel Culture Fund serving as models.
The ARTnews article reports on several major art market moves as of October 22, 2025. Highlights include Nahmad Contemporary offering a $50 million Picasso at Art Basel Paris, likely the 1941 work 'Femme au corsage bleu (Dora Maar)'; Gagosian Gallery now representing the estate of Richard Diebenkorn with a November exhibition; Alison Jacques Gallery joining Tina Kim and Silverlens to represent the Pacita Abad Estate; Gladstone Gallery taking on Celia Paul in New York; and Freeman's | Hindman expanding its trusts and estates team across the US. The piece also notes Rodder's inaugural show for Wyatt Kahn and Kaufmann Repetto adding Bice Lazzari to its roster.
Gagosian has secured special permission from Art Basel Paris to exhibit a rediscovered Old Master painting by Peter Paul Rubens, titled "The Virgin and Christ Child, with Saints Elizabeth and John the Baptist" (c. 1611–14), at the fair, which typically restricts its main sector to works created between 1900 and 2025. The mega-gallery received an exception due to the painting's exceptional quality and its resonance with modern and contemporary works in its booth. The Rubens, last sold at Sotheby’s New York in 2020 for just over $7 million, will be shown alongside pieces by John Currin, Jadé Fadojutimi, Alberto Giacometti, Pablo Picasso, Auguste Rodin, Jenny Saville, and others.
Gagosian became the first exhibitor at Frieze London to announce a complete sellout of its booth, featuring a solo presentation of works by Los Angeles artist Lauren Halsey. The booth included pieces from Halsey's 2025 untitled series of polymer-modified gypsum and stain on wood, as well as a six-foot-tall plaza sign sculpture titled 'LODA PLAZA (2025)'. Gagosian director Antwaun Sargent confirmed that the works were placed with both institutions and serious long-term collectors in the U.S. and Europe.
Nan Goldin used the opening of her retrospective “This Will Not End Well” at Berlin’s Neue Nationalgalerie to deliver a forceful 14-minute speech condemning the Israel-Gaza war and criticizing Germany’s censorship of pro-Palestinian voices. She called for a phone-free moment of silence for the dead in Palestine, Israel, and Lebanon, and framed her exhibition as a test case for artistic freedom. The event drew a large crowd, police presence, and was widely shared on social media by figures like Ai Weiwei and Wolfgang Tillmans.
Artnet News columnist reflects on the fragile state of the art market as 2025 ends, noting that global instability and troubling news have dampened buyer psychology. Despite this, major auction houses reported strong annual sales—Sotheby's at $7 billion (up 17%) and Christie's at $6.2 billion (up 6%)—and a series of high-profile sales, including the Pauline Karpidas collection auction and Leonard Lauder's Gustav Klimt portrait fetching $236.4 million, have sparked renewed momentum. The article quotes advisors and dealers who sense a market bottom has passed, with buyers returning to auctions and fairs like Art Basel Miami Beach.
Kenny Schachter offers his predictions for the art world in 2026, set against a backdrop of political chaos and rapid AI development. He forecasts only a marginal uptick in global art sales, which he estimates will exceed $57.5 billion, and warns that luxury goods—bags, watches, fossils—are increasingly encroaching on art fairs, auctions, and exhibitions. Schachter criticizes Sotheby's for blurring the lines between auction house, museum, and gallery, citing its traveling "Icon" show as a spectacle of price tags rather than art scholarship.
This week's episode of The Art Newspaper podcast covers three major art world events. A landmark Henri Matisse exhibition at the Grand Palais in Paris focuses on his final, explosive 13 years of work, including his famous cut-outs. In Hong Kong, Art Basel opens amid economic uncertainty, with analysis on whether the market is turning a corner. Meanwhile, London's Victoria and Albert Museum unveils a show on Elsa Schiaparelli, featuring a Salvador Dalí painting that directly inspired her iconic fashion designs.
Adrian Cheng, a key figure in Hong Kong's art world, identifies major trends shaping the city's art scene ahead of Art Basel Hong Kong. He highlights the convergence of major art fairs, auction house sales, and new gallery openings during the 'Art March' period, drawing a global audience with high-profile exhibitions by international artists like Mary Weatherford, Nicole Eisenman, and El Anatsui.
Swiss art historian Maria Schnyder has been appointed as the new director of the De Pont Museum of Contemporary Art in Tilburg, Netherlands. She will succeed the retiring director Martijn van Nieuwenhuyzen in October. Schnyder is an internal promotion, having joined the museum in 2013 and served as its deputy director for the last four years.
The article recounts the author's experience at Art Basel Miami Beach 2025, beginning with a moment of reflection on the beach before the fair week's chaos. Three veteran attendees—an artist, an advisor, and a gallery owner—chose to skip the event this year, citing lackluster parties, declining collector interest in Miami compared to Paris, and poor sales attrition. Despite these doubts, the fair saw strong sales, with Hauser & Wirth reporting a 40% increase in the first three hours, and a new digital art sector boosting optimism. Pop-up exhibitions, like "The Body is The Body" at the Rice Hotel, were highlights, while Vanity Fair's party remained the most coveted invite.
The article reports on the outlook for the art market in 2026, following a difficult 2025. It notes signs of recovery, including decent sales in Miami and $2.2 billion in marquee New York auctions, but warns of a K-shaped recovery where some sectors will bounce back while others continue to struggle. The piece also highlights a major shift toward the Gulf region, with Art Basel launching in Qatar, Art Dubai celebrating its 20th anniversary, Frieze debuting in Abu Dhabi, and the long-awaited opening of the Guggenheim Abu Dhabi, all signaling commercial maturity in the area.
The thirteenth edition of Expo Chicago opened its VIP preview at Navy Pier with a streamlined floor plan and a focus on emerging talent. Despite a generally slow global art market, exhibitors reported strong early sales, including Nashville-based artist Annie Brito Hodgin’s debut outside her home state and Wenhui Hao’s near-sell-out presentation with Half Gallery. The fair’s decision to reduce the number of exhibitors from 170 to 130 was widely praised by dealers for improving the quality of presentations and making the event more navigable for collectors.
Art Basel Hong Kong 2026 showcased a vibrant array of talent, with standout presentations across its curated sectors like Discoveries and Insights. Highlights included Vin Gallery's ceramic skeleton shadow puppets by Ako Goto, Lucie Chang Fine Arts' case for the late painter Zhu Xinjian, and gdm's pairing of Kongkee's lightbox sculptures with abstract works by Thai modernist Tang Chang. The fair also featured a monumental, self-sabotaged neon sign by Kongkee reading "Price / Value."
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Hong Kong’s art market is signaling a cautious recovery in 2026 as the city prepares for its marquee Art Week. Despite macroeconomic improvements in real estate and equities, the sector is grappling with significant logistical hurdles caused by the US–Israel–Iran War. Shipping costs between Europe and China have surged by 30%, leading to the cancellation of the International Antiques Fair and the withdrawal of high-profile delegations like the Sharjah Art Foundation.
Fashion designer Dries Van Noten and his partner Patrick Vangheluwe have announced the launch of Fondazione Dries Van Noten, a new cultural institution in Venice. Housed in the historic 15th-century Palazzo Pisani Moretta on the Grand Canal, the foundation will host residencies, collaborative projects, and exhibitions focused on the intersection of craftsmanship and contemporary art. The inaugural exhibition, "THE ONLY TRUE PROTEST IS BEAUTY," curated by Van Noten and Geert Bruloot, is set to open on April 25 and will feature over 200 objects spanning fashion, sculpture, and collectible design.
Art Basel has unveiled the exhibitor list for its 2026 flagship Swiss edition, featuring 290 galleries from 43 countries. The fair, scheduled for June 18–21, will include 21 first-time participants and an expanded 'Premiere' sector for recent works. Notable shifts include four galleries debuting directly in the main sector and the introduction of public commissions by Nairy Baghramian and Ibrahim Mahama as part of the inaugural Art Basel Awards.
Art Basel Miami Beach 2025 has lost at least eight exhibitors from its main sector since the fair released its initial list over the summer. Among the dropouts are blue-chip galleries including Miguel Abreu, Chantal Crousel, Alison Jacques, Peter Kilchmann, Edward Tyler Nahem, Luisa Strina, and Lia Rumma, as well as Shanghai's BANK gallery. Two galleries, Altman Siegel and Tilton, closed entirely between the list's release and the present. Kasmin changed its name to Olney Gleason and will still participate. Reasons for withdrawal vary: Miguel Abreu chose a solo presentation at Frieze Masters over Miami, citing a "less than stellar" experience the previous year and the burden of three fall fairs. The fair's contract imposes escalating financial penalties for late withdrawals, with galleries owing 50% of their fee after August 1 and 100% after October 1.
London's The Gallery of Everything is presenting the first survey of Haitian painter Hector Hyppolite in a European commercial setting at Art Basel Paris, opening October 24. The solo booth in the fair's Premise sector features works by Hyppolite, including three pieces from the historic 1947 exhibition "Le Surréalisme en 1947," along with documentation, photos, and an essay by Manthia Diawara and Terri Geis. Hyppolite, a self-taught vodou priest who died in 1948, was championed by Surrealist founder André Breton after Breton encountered his work in Haiti in 1945.