art market report 2025 growth high end sales

The global art market returned to growth in 2025, reaching $59.6 billion in sales according to the latest Art Basel and UBS Art Market Report. This 4 percent increase ended a two-year decline, driven primarily by a 9 percent surge in public auction sales and a significant revival in high-value transactions for works priced over $10 million. While the United States maintained its dominant 44 percent market share, the recovery was uneven, with the Impressionist and Old Masters sectors seeing major gains while Postwar and Contemporary art continued to cool.

Hong Kong Art Week 2026: Art Basel Preview

hong kong art week art basel preview

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.

At Palm Beach’s Hottest Fair, Blue-Chip Meets Emerging Art

The ninth edition of the Palm Beach Modern and Contemporary (PBM+C) art fair opened with a VIP preview benefiting the Ann Norton Sculpture Gardens. The fair, presented by Art Miami, features 55 international galleries showcasing a mix of blue-chip modern works, contemporary art, and emerging talent, with highlights including special exhibitions dedicated to Russell Young's Marilyn Monroe centennial works and a satellite exhibition at the sculpture garden.

london stephen friedman gallery abruptly closes insolvency

Stephen Friedman Gallery, a fixture of London’s Mayfair district since 1995, has abruptly entered administration and closed its doors to the public. The gallery confirmed the insolvency process following its last-minute withdrawal from the inaugural Art Basel Qatar. Approximately 25 employees are expected to be laid off, and represented artists have been advised to retrieve their works immediately as the firm undergoes a financial review by FRP Advisory.

dries van noten launch foundation venice

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.

frieze los angeles satellite fairs report

The Felix Art Fair kicked off LA Art Week at the Hollywood Roosevelt Hotel, drawing significant crowds despite logistical hurdles. While long lines for elevators slowed the initial flow of visitors to the upper floors, exhibitors reported steady interest and early sales. New York-based dealers faced particular challenges arriving for the opening due to a major Nor’easter that disrupted flights across the East Coast, forcing many to finalize their booths just hours before the VIP preview.

mia westerlund roosen nunu fine art exhibition

Artist Mia Westerlund Roosen is currently presenting a solo exhibition titled "Then and Now" at Nunu Fine Art in New York, on view through February 21. The show spans her work from the 1970s to the present, featuring sculptures and drawings that explore materiality and the human body, including her notable 1981 phallic forms *Heat* and *Conical*.

ai weiwei royal academy controversy

Artist Ai Weiwei has claimed in a new interview that he faced censorship in the West, citing a specific incident with London's Royal Academy. In late 2023, an exhibition of his new works at the Lisson Gallery was canceled after he posted a controversial tweet about the Israeli-Palestinian conflict. Subsequently, the Royal Academy held a vote on whether to revoke his honorary membership over accusations of antisemitism, which he won. Ai also claims the Academy then declined to publish an article he wrote on free speech for its magazine.

veneklasen gallery appoints new partners winds down los angeles

Dealer Gordon VeneKlasen has announced plans to open his own eponymous gallery after separating from Michael Werner Gallery, where he ran the New York space for over 30 years. As part of the agreement, VeneKlasen will take over Werner's New York and London locations, while the short-lived Los Angeles branch of Michael Werner Gallery will close. Two longtime employees, Justine Birbil and Kadee Robbins, have been promoted to partners at VeneKlasen Gallery. The gallery will debut at the inaugural Art Basel Qatar with a solo presentation of works by Issy Wood, followed by exhibitions of Sigmar Polke's paintings in New York and London.

este arte 2026 fair uruguay report

The 12th edition of Uruguay's Este Arte fair took place last week in José Ignacio, featuring 14 exhibitors and attracting 5,000 visitors over four days. Notable works included Vanderlei Lopes's aluminum installation resembling a silver leak, Germán Tagle's liquid landscapes paired with altered New York Times front pages, and Diego Bianchi's chimeric sculptures. The fair favored abstraction, with strong sales reported across galleries such as Almeida & Dale, Aninat Galeria, Galerie Jocelyn Wolff, Piero Atchugarry Gallery, and Black Gallery.

art palm beach debuts a major biennial style installation for its fourth edition

Art Palm Beach returns for its fourth edition from January 28 to February 1, 2026, at the Palm Beach County Convention Center. The fair features a mix of returning and first-time galleries from the U.S. and abroad, including Gefen Gallery (San Francisco), Onessimo Fine Art (Palm Beach), Oliver Sears Gallery (Dublin), and John Martin Gallery (London). Highlights include Hollis Taggart’s presentation of John Knuth’s fly paintings, Pontone Gallery’s showcase of Matteo Massagrande, and Provident Fine Art’s retrospective ‘Sylvester Stallone: Evolution.’ For the first time, the DIVERSEartPB program presents a large-scale, biennial-style installation curated by Marisa Caichiolo, featuring Chilean artist Eugenia Vargas-Pereira’s participatory work AGUAS (1991).

meet 5 artists transforming photography

Soho Beach House in Miami has reoriented its art collection around photography in late 2025, featuring works by established figures like Isaac Julien, JR, Laurie Simmons, Marilyn Minter, and Ming Smith alongside emerging artists such as René Matić, Caroline Allison, and Walead Beshty. The rehang, overseen by chief art director Kate Bryan, spans polaroids, performance-derived imagery, collage, and cameraless prints, with a focus on artists who use photography as a tool for broader inquiry.

drapery contemporary artists

A new exhibition titled “Drop, Cloth,” co-curated by Glenn Adamson and Severin Delfs, explores how contemporary artists have reimagined drapery over the past 50 years. The show features 30 works by 25 artists, spanning two Chelsea galleries—Hollis Taggart (through January 10, 2026) and Susan Inglett Gallery (through January 30, 2026). Works range from Sam Gilliam’s seminal *Little Dude* (circa 1972) to recent pieces by Kennedy Yanko, Jenny Morgan, and Chellis Baird, alongside historical pieces by Nina Yankowitz, Lynda Benglis, and Rosemary Mayer. The exhibition traces a lineage of drapery as both subject and material, including shaped canvas, paint skin, ceramic, metal, embroidery, and weaving.

parker gallery artnews awards 2025 best gallery group show

Parker Gallery in Los Angeles mounted its final exhibition, “Bowls, Boxes, Plates & Vessels,” at its longtime home in the Los Feliz neighborhood from February 1 to October 19, 2025. The show featured an intergenerational group of artists—including Magdalena Suarez Frimkess, Nancy Shaver, Ruby Neri, Shio Kusaka, Zachary Leener, and Daisy Sheff—who had previously exhibited at the gallery, invited back to explore the theme of the container as form. Works in ceramic ranged from small hand-held bowls to large-scale sculptures, displayed within the domestic space of founder Sam Parker’s home, adding intimacy and resonance.

mr wash community center compton book fundraiser

Artist Fulton Leroy Washington, known as Mr. Wash, is establishing the Art By Wash Studio & Community Center, a 13,000-square-foot campus in Compton, California, to serve recently incarcerated individuals and local youth. Released in 2016 after President Barack Obama commuted his life sentence for nonviolent drug offenses, Mr. Wash taught art in prison for 18 years and later gained recognition in the art world, including a breakout appearance at the 2020 Made in L.A. biennial. The center, designed pro bono by Morphosis Architects and The NOW Institute, will offer art-making instruction, studio space, materials, and exhibition opportunities, with the goal of connecting emerging artists to curators and galleries. The project is currently fundraising $100,000 for its first phase, with completion targeted for 2028.

art basel miami 2025 exhibitor changes

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.

rachel whiteread collaboration puiforcat silver

English artist Rachel Whiteread, the first woman to win the Turner Prize in 1993, has collaborated with French silversmith company Puiforcat on a new seven-piece silverware collection. Inspired by corrugated cardboard, the collection includes serving trays, a pitcher, tumblers, and napkin rings, with surfaces that mimic the grooves and overlapping corners of cardboard, as well as watermark-like concentric circles. The trays echo Whiteread's recent artworks, such as *Untitled (Silver Pallet)* (2023), a flattened cardboard cast in lacquered silver.

tilton gallery closure

Tilton Gallery in New York has announced that its upcoming exhibition, featuring late abstract painter Ruth Vollmer, will be its last. The show runs from September 30 to November 15, after which the gallery will vacate its Upper East Side space. The decision was made by Connie Rogers Tilton, Jack Tilton's widow, who has run the gallery since his death in 2017. She stated it is time to pursue her own projects in a more private setting. The gallery was founded in 1983 by Jack Tilton, who previously worked for Betty Parsons, and was known for launching careers of artists like Marlene Dumas, Nicole Eisenman, and Glenn Ligon, as well as promoting Chinese artists in the 1990s.

acquavella harumi klossowska de rola

Acquavella Galleries, a blue-chip gallery known for secondary market sales, has taken exclusive US representation of Swiss sculptor Harumi Klossowska de Rola. The artist, daughter of painter Balthus and ceramicist Setsuko Klossowska de Rola, creates bronze and alabaster animal sculptures that blend fine art and design. Her works, priced from under $100,000 to over half a million dollars, are cast in small editions and meticulously reworked by hand. Acquavella discovered her work at the Palm Beach home of collector Peter Brant. Her first show with the gallery opened in Palm Beach, accompanied by a Rizzoli book, with new works planned for Art Basel Paris and a major solo exhibition at Acquavella's New York space in 2026.

untitled art miami beach 2025 exhibitor list

Untitled Art, Miami Beach has announced the 157 exhibitors for its 2025 edition, running December 3–7 on Miami Beach. The fair introduces a new “Artist Spotlight” section organized by artist Petra Cortright, alongside its main Galleries section and the reimagined Nest section curated by Jonny Tanna. Notable first-time exhibitors include Meliksetian | Briggs, PALMA, and Soho Revue in the main section, while several galleries have switched from NADA and Art Basel Miami Beach, including Kavi Gupta returning after a lawsuit hiatus. The fair also features Allison Glenn as curator of site-specific Special Projects.

galerie gmurzynska to open in fuller building new york

Galerie Gmurzynska is relocating its New York operations to the historic Fuller Building at 595 Madison Avenue later this month. The gallery, which had been at 43 East 78th Street since 2018, will inaugurate its new space on September 16 with an exhibition of works by Joan Miró and Roberto Matta. The Fuller Building, an Art Deco landmark built between 1928 and 1929, was once a major hub for New York galleries, housing such notable dealers as Pierre Matisse, Charles Egan, André Emmerich, and Marlborough-Gerson.

clement delepine lafayette anticipations director art basel

Clément Delépine, the director of Art Basel Paris, has been appointed as the next director of Lafayette Anticipations, a prominent Parisian exhibition space. He will succeed Rebecca Lamarche-Vadel, who is leaving after six years to pursue new challenges. Delépine will assume the role on November 17, shortly after the upcoming edition of Art Basel Paris, which opens to VIPs on October 22. A search for a new director for the Paris fair is underway.

robert grosvenor sculptor minimalism dead

Robert Grosvenor, a sculptor known for his idiosyncratic works that initially aligned with Minimalism before evolving into unclassifiable forms, died in New York at age 88. His death was confirmed by Paula Cooper Gallery, with no cause given. Grosvenor gained prominence in the 1960s through exhibitions like "Primary Structures" at the Jewish Museum and later created spare, industrial sculptures ranging from ceiling-piercing steel forms to altered car-like objects and works incorporating creosote and water. He appeared in two editions of Documenta and the 2022 Venice Biennale, and a survey of his work opened at the Fridericianum museum in Kassel just days before his death.

amy sillman cameron martin sikkeman jenkins malloy dia bridgehampton

Artist Cameron Martin discusses his new exhibition “Baseline” at Sikkema Malloy Jenkins in New York with fellow painter Amy Sillman. The conversation explores Martin’s shift from earlier landscape-derived graphic paintings to a more abstract approach involving “almost signs”—forms where signifier and signified don’t fully align. Martin describes his work as engaging with paradox and contradiction, using surrogates for gesture and juxtaposing elements that don’t quite fit together, which can produce a sense of humor or drollness.

walter swennen dead

Walter Swennen, a Belgian artist who began his career as a poet before turning to painting, has died at age 79. His death was announced by his gallery, Xavier Hufkens, without specifying a cause. Swennen was known for his playful, language-infused paintings that combined cryptic phrases, comic-book-like figures, and unconventional materials such as found wood and metal. He rose to prominence in Belgium alongside other painters interested in materiality, but his work stood out for its freewheeling humor and destabilization of meaning. A major retrospective at WIELS Contemporary Art Centre in Brussels in 2013 helped revive his career, leading to later shows at Gladstone Gallery in New York and a growing international following.

10 artists liaisons picks june 2023

Artnet News has published a curated list of ten artists selected by their gallery liaisons in June 2023. The featured artists include Amy Barker, Meron Engida, Liam Everett, Franziska Furter, Iulian Bisericaru, Anne Rowland, Jim Richard, Isamu Kenmochi, Rita Maas, and Kyle Dunn, with works ranging from paintings to design objects. The artworks are available through the Artnet Gallery Network, which connects buyers with galleries worldwide, from Tokyo to Zurich, New Canaan to Paris.

ai art market revolution

A survey by PwC found that 88% of U.S. companies plan to increase AI budgets, and the art world is following suit. The article explores how AI is infiltrating the art market beyond controversial authentication and IP issues, covering topics like autonomous agents, data privacy, logistics partnerships (Carpenters Workshop Gallery with Convelio), and new AI-powered search tools being developed by Artnet using Google's Gemini. It also notes that collector Jorge Pérez used AI assistance to acquire 24 works at Art Basel in Basel.

independent 20th century names 31 exhibitors for 2025 edition in september

Independent 20th Century, the art fair focused on 20th-century works, has announced the 30 exhibitors for its fourth edition, running September 4–7 at Casa Cipriani in New York's Battery Maritime Building. The fair emphasizes single-artist presentations, spotlighting underknown figures such as Raymond Jonson, Gertrude Greene, Elda Cerrato, and Bruce Richards, alongside established names like Picasso, Munch, and Judy Pfaff. Notable collaborations include Nahmad Contemporary and Skarstedt Gallery on Georges Rouault, and presentations of self-taught artists like the Florida Highwaymen and Balraj Khanna.

rafik greisss photo paris new talent

Dublin-born Egyptian artist Rafik Greiss discusses his practice and recent work in an interview conducted at a Paris café. Greiss, who recently presented a solo show titled “The Longest Sleep” at Galerie Balice Hertling in Paris, creates photographs and films that explore themes of loneliness, urban space, and religious experience. His 12-minute film *The Longest Sleep* (2024), shot in Cairo, depicts Sufi rituals and deserted fairgrounds, informed by neurotheology. Greiss prints his black-and-white photographs on thick Japanese paper, emphasizing the tactile signature of his lens-based work. He is currently considering exhibition invitations from institutions around the Mediterranean and plans to travel to Egypt to make new work.

basel on a budget labubu georg baselitz art basel 2025

Artnet News highlights affordable artworks available at Art Basel 2025, countering the fair's reputation for multimillion-dollar sales. Featured works include John Tremblay's 'Gold sounds' (2025) from the New Paintings series at Ecart's booth, priced at €2,500, and Kasing Lung's limited edition Labubu doll sold at the Art Basel Shop for CHF 200, which sold out rapidly to VIPs and the public. Also noted is Solomon Garçon's 'Bobby (4)' (2025), priced around $3,500, presented by 243 Luz at the Liste fair.