sothebys modern contemporary art singapore pacita abad

Sotheby’s held its annual modern and contemporary art sale in Singapore on Sunday, achieving $13.1 million across 62 lots with a 94% sell-through rate. The top lot was Adrien-Jean Le Mayeur de Merpres’s *Weavers* (1953) at $1.2 million, followed by Takashi Murakami’s *Blue Signals* (2017) at $1.06 million. New artist records were set for Pacita Abad, whose *Assaulting the eye with Ecstasy* (1984) sold for $389,400, and Singaporean artist Anthony Poon, whose *Colour Waves* (1986) fetched $129,800. Bidders came from Southeast Asia, the US, the UAE, Europe, South Korea, Japan, India, and China.

art fairs luxury collaborations 2025 market

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.

christies marquee fall 20th century evening sale report

Christie’s fall marquee 20th-century evening sales on Monday night generated a combined $690 million across two auctions, far exceeding the pre-sale low estimate of $534.7 million. The first sale featured 18 lots from the collection of the late Robert and Patricia Ross Weis, including works by Picasso, Matisse, Mondrian, and Rothko, while the second 62-lot sale included pieces by Calder, Hockney, Chagall, and Giacometti. Bidding wars drove 16 lots to sell at or above their high estimates, with adviser Ralph DeLuca winning several high-profile battles, including a Matisse painting for $32.3 million and a Max Ernst sculpture for $20.2 million. The sell-through rate was 97% by value and 96% by lot, with only one withdrawn lot and three unsold works.

christies hauls in 690 million at robust 20th century art sale led by 62 million rothko

Christie’s kicked off the fall auction season in New York with a two-part 20th-century art sale that brought in approximately $690 million, led by Mark Rothko’s *No. 31 Yellow Stripe (1958)*, which sold for $62.2 million. The evening featured 18 works from the collection of Robert F. and Patricia G. Ross Weis, totaling $218 million, followed by a 61-lot main sale that realized $471.7 million. Other top lots included Claude Monet’s *Nymphéas (1907)* at $45.4 million and a new auction record for Beauford Delaney’s *The Sage Black (1967)* at $1.5 million.

justin sun maurizio cattelan banana trump memecoin

Crypto billionaire Justin Sun announced on X that he is purchasing $100 million worth of President Donald Trump's memecoin, $TRUMP, which will soon be tradeable on the TRON blockchain. This follows Sun's previous high-profile art world moves, including buying Maurizio Cattelan's duct-taped banana artwork "Comedian" at Sotheby's for $6.2 million and later eating it, as well as a legal dispute with collector David Geffen over a stolen Alberto Giacometti sculpture. Sun also attended a White House dinner for leading $TRUMP buyers in May, which spurred $148 million in coin purchases.

vito schnabel 190 bowery

Vito Schnabel's curated exhibition 'First Show/Last Show' at 190 Bowery, a landmark building recently acquired by Aby Rosen, was abruptly closed to the public just before its scheduled opening on May 16. The show, which would have been the first public access to the graffiti-laden former bank since 1966, was initially announced with a three-hour public opening, but organizers cited 'unprecedented demand' and switched to an appointment-only format from May 18 to 29. The exhibition features works by seven male artists: Joe Bradley, Dan Colen, Jeff Elrod, Ron Gorchov, Mark Grotjahn, Harmony Korine, and Julian Schnabel.

campaign for barbara hepworth sculpture gathers momentum

A campaign to return Barbara Hepworth's sculpture "Rock Form" (1964) to the Mander Centre in Wolverhampton, UK, is gaining momentum. The sculpture, valued at £1 million, was removed from the shopping centre in June 2024 during a redevelopment. Campaigners argue it was originally offered to the previous owner at cost price on the condition of public display, and they fear current owners—the Royal Bank of Scotland and Delancey—may sell it privately.

sean combs diddy may lose kerry james marshall painting

Sean Combs, also known as Diddy, may lose a prized Kerry James Marshall painting, *Past Times* (1997), among other assets if found guilty of sex trafficking charges, which he has denied. The painting was purchased at Sotheby's in 2018 for $21.1 million, setting an auction record for Marshall. Reports indicate Combs had been actively collecting art since 2014 with adviser Maria Brito, but with multiple civil suits pending, speculation has grown that he might be forced to sell.

by the numbers christies 20th century sale totals modest 217 million

Christie’s held a doubleheader evening sale on May 12, 2025, featuring its regular 20th-century art auction and the Riggio collection. The various-owners sale achieved $216.9 million in total sales after fees, a 52% decline from the $413 million equivalent sale the previous year. The top lot was Claude Monet’s *Peupliers au bord de l’Epte, crépuscule* (1891), which sold for $42.9 million with fees. The sale had a 94% sell-through rate, with 34 of 36 lots sold and none bought in. Notable moments included a new auction record for Dorothea Tanning at $2.3 million and a strong result for Remedios Varo’s *Revelación* (1955) at $6.22 million.

robbie williams mono london exhibition opening

British pop star Robbie Williams opened a solo exhibition titled "Radical Honesty" at Moco Museum London on May 1, 2025, drawing hundreds of fans and guests. The show features nearly two dozen canvas works and sculptures exploring modern-day anxiety and emotional vulnerability, inspired by Williams's personal experiences. It is his third collaboration with Moco Museum, which has previously presented his works in Barcelona and Amsterdam. The opening had a pop concert atmosphere, with fans waiting for hours outside the venue. Among the attendees were TV personalities Leigh Francis and Andy Goldstein, and artists Chris Levine and Philip Colbert. Williams addressed criticism of celebrity art-making, while Moco co-founder Lionel Logchines praised the humor and mental health themes in Williams's work, comparing him to Banksy.

christies names alex rotter global president

Christie’s has promoted Alex Rotter to global president, a new role in which he will retain his existing title as global chairman of 20th- and 21st-century art. Rotter will collaborate with regional presidents and global chairmen to develop strategies for auction and private sales. He joined Christie’s in 2017 after 16 years at Sotheby’s and created the “20/21” department, which unified postwar, contemporary, and Impressionist and modern art sales. Rotter has overseen landmark sales including Jeff Koons’s *Rabbit* (1986) for $91 million, Andy Warhol’s *Shot Sage Blue Marilyn* (1964) for $195 million, and Leonardo da Vinci’s *Salvator Mundi* (ca. 1500) for $450 million.

Fairfield University Art Museum invites readers to private tour

Fairfield University Art Museum is offering an exclusive private tour to readers, as reported by the Westport Journal. The event provides a behind-the-scenes look at the museum's collections and exhibitions, allowing attendees to engage directly with curators and artworks in an intimate setting.

Fairfield University Art Museum Exhibition to Commemorate 250th Anniversary of the U.S., Opens Jan. 23

Fairfield University Art Museum will open a major loan exhibition titled "For Which It Stands…" on January 23, 2026, running through July 25, 2026, as part of the university's commemoration of the 250th anniversary of the United States. The exhibition features over 70 works by diverse artists from the early 20th century to the present day, all centered on depictions of the American flag, including pieces by Jasper Johns, Faith Ringgold, Robert Rauschenberg, Shepard Fairey, Julie Mehretu, Childe Hassam, and a new textile sculpture by Maria de Los Angeles commissioned for the show. Works are lent by private collectors, artists, galleries, and institutions such as the Delaware Art Museum, Yale University Art Gallery, and the Gordon Parks Foundation.

Venice Unveils Stunning New Art Spaces

During the Architecture Biennale preview in Venice, two major new art spaces opened: the Nicoletta Fiorucci Foundation's new home in a historic palazzo on the San Barnaba canal, and SMAC (San Marco Art Centre), a contemporary art center on Saint Mark's Square designed by David Chipperfield. Additionally, Belgian artist Luc Tuymans accepted a last-minute commission from the Abbot of San Giorgio Maggiore to replace two Tintoretto paintings with his own large-scale works. The Fiorucci Foundation's palazzo, acquired in December 2024, opened May 10 with an exhibition by Georgian artist Tolia Astakhishvili, featuring works made from found materials and drawings on walls, alongside pieces by Thea Djordjadze and Maka Sanadze. SMAC, restored by Chipperfield, currently hosts two exhibitions: one on Australian modernist architect Harry Seidler and another on Korean landscape architect Jung Youngsun.

End of investment art? Why the bottom of the market is flourishing

The art market in 2024 saw an aggregate 12% decline in sales to an estimated $57.5bn, driven by a slowdown at the ultra-premium end, according to the Art Basel and UBS Art Market Report and Artprice. However, the lower end of the market is flourishing: auction sales of works under $5,000 grew 7%, dealers with turnover under $250,000 reported a 17% increase, and sales of works under $20,000 reached record levels. Online platforms like Avant Arte, which sold $23m in print and sculpture editions (up 53% year-on-year), are key drivers, attracting younger and first-time collectors with affordable, editioned works.

The Sprawling New David Geffen Galleries At LACMA Open To The Public On Sunday, May 3

The David Geffen Galleries at the Los Angeles County Museum of Art (LACMA) will open to the public on Sunday, May 3, after 20 years of development. Designed by architect Peter Zumthor, the 900-foot-long horizontal glass and concrete structure overlooks the La Brea Tar Pits and stretches over Wilshire Boulevard. The main floor, elevated 30 feet above street level, offers 110,000 square feet of gallery space for LACMA’s permanent collection. The inaugural exhibition is inspired by four major bodies of water—the Pacific, Indian, and Atlantic oceans, and the Mediterranean Sea—and features works by artists including Todd Gray, Do Ho Suh, Lauren Halsey, Tavares Strachan, Jeff Koons, and Diego Rivera. The building also includes open plazas, an outdoor public space, and an Erewhon Cafe, with a larger restaurant and wine bar planned for fall 2026.

In major auction night, rare Klimt painting smashes records at $236.4 million

Sotheby's held its first sale at its new US headquarters in New York, where Gustav Klimt's "Portrait of Elisabeth Lederer" sold for $236.4 million, becoming the most valuable work of modern art ever sold at auction and the most expensive artwork ever sold by Sotheby's globally. The record-breaking 20-minute bidding war also saw strong results for works by Edvard Munch ($35.1 million) and a Klimt landscape ($86 million), while the evening's total reached $706 million. However, two top lots by Kerry James Marshall and Barkley L. Hendricks failed to sell, and Maurizio Cattelan's gold toilet "America" drew only a single bid from Ripley's Believe It or Not! for $12.1 million.

Artist Valie Export, Who Saw Right Through the Male Gaze, Dies at 85

Austrian artist Valie Export, a pioneering feminist performance and media artist, died on May 14, three days before her 86th birthday. Her death was confirmed by Thaddaeus Ropac Gallery. Export, born Waltraud Lehner in 1940, rejected traditional domestic roles and adopted her iconic all-uppercase name from a cigarette brand. She created guerrilla-style performances and films that directly confronted the male gaze and patriarchal society, often using her own body as a medium. Key works include “Genital Panic” (1968), in which she walked through a Munich cinema in crotchless pants, and “Tapp und Tastkino (Tap and Touch Cinema)” (1968), where she invited strangers to touch her bare breasts through a stage strapped to her chest.

It is the great Mark Rothko leading Sotheby's first auctions in New York

È il grande Mark Rothko a guidare le prime aste di Sotheby’s a New York

Sotheby's kicked off New York's art and auction week with two major sales on May 14, 2026, led by the highly anticipated Robert Mnuchin: Collector at Heart Evening Auction. The top lot was Mark Rothko's "Brown and Blacks in Reds" (1957), which sold for $85.8 million, the second-highest price ever for the artist at auction. The Mnuchin auction achieved a "white glove" sale, selling all 11 lots for a total of $166.3 million, followed by The Now & Contemporary Evening Auction which brought in $266.8 million. Combined, Sotheby's generated $433.1 million, a 133% increase over its May 2025 session. The sales reflect a strong return of high-value trophy lots to the secondary market, driven by the dispersal of prominent collectors' estates.

Art Busan Is Building a More Sustainable Art Market

Art Busan, celebrating its 15th anniversary, will be held from May 21 to 24, 2026, at BEXCO in Busan, South Korea, bringing together over 110 galleries from 18 countries. The fair introduces two new integrated segments: DEFINE, which expands the fair to include collectible design, furniture, and craft, and LIGHTHAUS, which transforms gallery booths into curated spatial experiences to encourage deeper engagement. These initiatives aim to move beyond purely transactional sales and speculative momentum.

The Guardian view on the legacy of the Festival of Britain: look to the future | Editorial

The Guardian editorial reflects on the 75th anniversary of the Festival of Britain, launched by King George VI on 3 May 1951 as a "tonic" for a war-weary nation. It highlights the festival's most enduring legacy: the construction of the South Bank, including the Royal Festival Hall, which later became the Southbank Centre—the UK's largest arts complex. This summer, commemorations include poems from London schoolchildren projected onto its walls and a mobile poetry library visiting coastal towns, recreating the journey of the repurposed naval ship Campania. The festival, a triumph for the Labour government, faced critics like Evelyn Waugh and Noël Coward, and much of its physical infrastructure was demolished by the incoming Conservative government, save for the Royal Festival Hall.

This week's openings in Parisian galleries

Les vernissages cette semaine dans les galeries parisiennes

This week's openings in Parisian galleries feature a wide range of exhibitions across the Marais, Saint-Germain-des-Prés, and other districts. Highlights include Galerie Alain Margaron's group show "Du modèle à l'autoportrait" exploring the body in works by André Derain, Jean Hélion, Fred Deux, and Zoran Mušič; Kim Myoung Nam's first solo show at Galerie UNIVER / Colette Colla, presenting perforated paper pieces; and Galerie Wagner's collective exhibition dedicated to Latin American artists Milton Becerra, Olga Luna, and Claudia Lavegas. Other notable shows include Louis Pion's ink-on-envelope series at Galerie Incognito Artclub, Léonore Chastagner's raw ceramics at Galerie Anne-Sarah Bénichou, and solo presentations by Quentin Gouevic and Jérôme Zonder at Galerie Nathalie Obadia.

Marietta Museum of Art & Whimsy closing for summer, but 37 other exhibitions on view at museums in May

The article provides a roundup of museum exhibitions on view in Southwest Florida during May, highlighting five new openings, eight closings, and 25 continuing shows across museums from Sarasota to Naples. Featured exhibitions include Molly Hatch's site-specific ceramic installation "Amalgam" at Sarasota Art Museum, Jillian Mayer's interactive "Slumpies" sculptures, a group show "Something Borrowed, Something New" with works by Louise Bourgeois, Chuck Close, David Hockney, Yoko Ono, Kara Walker, and Ai Weiwei, and Maria A. Guzman Capron's solo textile exhibition "Penumbra." The Marietta Museum of Art & Whimsy is noted as closing for the summer.

Andy Warhol | Cow II.11A (1971) | For Sale

Andy Warhol's screenprint "Cow II.11A" (1971) is being offered for sale by Composition.Gallery, priced at $15,200. The work is a color screenprint on wallpaper, printed by Bill Miller's Wallpaper Studio, Inc., New York, and published by Factory Additions, New York, for a Warhol exhibition at the Whitney Museum of American Art from May 1 to June 13, 1971. It is part of a limited edition of 100, stamped by the artist's estate, and includes a certificate of authenticity.

Beyoncé, Nicole Kidman and Venus Williams will co-chair 2026 Met Gala

The Metropolitan Museum of Art's Costume Institute has announced the co-chairs for the 2026 Met Gala, scheduled for May 4, 2026. Pop superstar Beyoncé, actor Nicole Kidman, tennis legend Venus Williams, and Vogue editor-in-chief Anna Wintour will serve as co-chairs of the annual benefit. The host committee includes fashion designer Anthony Vaccarello, actor Zoë Kravitz, and a roster of celebrities and artists such as Sabrina Carpenter, Doja Cat, and artist Anna Weyant. The gala will support the Costume Institute's exhibition "Costume Art" (May 10, 2026–January 10, 2027), which will inaugurate the new Condé M. Nast Galleries. The exhibition pairs 200 artworks from the Met's collection with 200 garments, exploring the relationship between the dressed body and Western art. Lauren Sánchez Bezos and Jeff Bezos are sponsoring the event.

Here's what's at Southwest Florida museums during July

Southwest Florida museums, from Sarasota to Naples, present a robust July lineup: two exhibitions open, one closes, and 24 continue. Highlights include Chris Friday's first solo museum show "Where We Never Grow Old" at Sarasota Art Museum, featuring large-scale chalk drawings and a site-specific installation exploring safe havens. Other notable shows include "Personal to Political: Celebrating the African American Artists of Paulson Fontaine Press," with works by Martin Puryear and Kerry James Marshall; Jillian Mayer's interactive sculpture series "Slumpies"; Lillian Blades' immersive mixed-media maze "Through the Veil"; and Molly Hatch's site-specific ceramic installation "Amalgam" (2023-24). The Ringling Museum also highlights a newly acquired painting by Juana Romani.

Rene Matić wins 2026 Deutsche Börse Photography Foundation Prize

Rene Matić has won the 2026 Deutsche Börse Photography Foundation Prize, becoming the first British winner in over a decade. The announcement was made at The Photographers’ Gallery in London on May 14, 2025, where Matić received £30,000 for their exhibition *AS OPPOSED TO THE TRUTH*, which uses photography, installation, and sound to explore identity and belonging. Matić was nominated for the show at the Center for Contemporary Arts Berlin (CCA Berlin) and is also a recent Turner Prize nominee. The prize exhibition runs at The Photographers’ Gallery until June 7, alongside works by fellow shortlisted artists Jane Evelyn Atwood, Weronika Gęsicka, and Amak Mahmoodian.

Art Lender Accuses Maddox Gallery of Inflating Value of Art Used as Collateral—’Bizarre and Irrational’ Claim, Says Gallery

Luxury Asset Capital (LAC) has filed a civil complaint in the US District Court for the Southern District of New York accusing Maddox Gallery of inflating the value of artworks used as collateral for loans. The dispute stems from a 2023 deal in which Maddox provided substitute collateral—works by Duncan McCormick and Albert Willem—in exchange for a George Condo painting previously held by LAC. LAC alleges that Maddox engaged in a "pump and dump" scheme, artificially bidding up auction prices for McCormick and Willem works to 10–15 times pre-sale estimates, then using those inflated values to justify trades. After the alleged bid-rigging stopped, auction prices fell, and LAC claims it is left with works worth only a fraction of what Maddox represented. Maddox Gallery co-founder Nick Sharp denies the claims as "bizarre and irrational," calling the lawsuit a baseless attempt to unwind a voluntary agreement.

A skateboarder’s lament: the dismantling of San Francisco’s iconic and divisive fountain

San Francisco's Vaillancourt Fountain, a controversial concrete sculpture and centerpiece of Embarcadero Plaza since 1971, caught fire during its dismantling in early May 2025 after the city voted to potentially replace it with a grassy park. Designed by artist Armand Vaillancourt, the fountain was a landmark for the city's skateboarding scene in the 1980s and 1990s, but fell into disrepair and became a flashpoint in debates over modernist public art. The removal, costing $4 million for storage and assessment, was mourned by skateboarders and preservationists who saw it as a loss of cultural and architectural heritage.

Sotheby’s Posts $433 Million Haul, as Trophy Lots Continue to Carry the Market

Sotheby's May 2025 evening auctions in New York generated $433.1 million, a 132.7% increase over the same sales last spring, despite offering fewer lots. The evening featured an 11-lot sale from the collection of the late banker-turned-dealer Robert Mnuchin, which alone brought in $166.3 million, led by Mark Rothko's "Brown and Blacks in Reds" (1957) selling for $85.8 million. The main contemporary art auction, including "The Now" sale, totaled $266.8 million, with over 80% of lots guaranteed. Four works went unsold and one was withdrawn, yielding a 91% sell-through rate.