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in london sadie coles expands amid stark drop in profits

Sadie Coles, a prominent London contemporary art gallery, announced plans to open a new 6,000-square-foot location in Mayfair this fall, despite reporting a steep 46 percent drop in revenue for 2024, from £52.3 million to £28.3 million. Pre-tax profits plunged 93 percent to £400,000, down from £5.5 million the prior year. Coles attributed the downturn to a slowdown at the high end of the art market, but noted the gallery carries no debt and has seen a 20 percent increase in total assets over five years, growing from £23.9 million to £28.8 million.

Valie Export, Avant-Garde Icon and Feminist Trailblazer, Dies at 85

Valie Export, the Austrian avant-garde artist known for her radical feminist performances, films, and sculptures, has died at age 85. Her gallery, Thaddaeus Ropac, announced her death, noting her groundbreaking work in the 1960s and 1970s introduced a new form of embodied feminism to Europe. Export, born Waltraud Lehner in Linz, Austria, changed her name in 1967 and became known for provocative works such as "Aktionshose: Genitalpanik" (1969) and "Tap and Touch Cinema" (1968–1971), which challenged voyeurism and the sexualization of women's bodies. She also co-founded the Austrian Filmmakers Cooperative in 1968 and was commissioned by the Austrian Broadcast Corporation for her film "Facing the Family" (1971).

u haul gallery frieze london

During Frieze London's VIP preview day, guerrilla dealers Jack Chase and James Sundquist parked their U-Haul Gallery truck outside Regent's Park, selling T-shirts and art by Vladimir Umanetz. The duo, known for launching the U-Haul Art Fair during Armory Week in New York, set up a mobile exhibition inside the truck featuring Umanetz's mixed-media work O-14 (LPSVCYDH) (2025–present) and a giant image of Tina Turner. Park attendants eventually forced them to move under threat of police action, but they later relocated outside Thaddaeus Ropac's London gallery during a party for Tom Sachs.

‘Quality always rules’: VIP day sales at Frieze London 2025

Frieze London 2025 opened with VIP day sales reflecting a cautious but resilient market. Gallerists reported solid sales, including Michael Landy's 'Multi-Saint' (2013) sold to the Walker Art Gallery for €125,000, and blue-chip works at Frieze Masters such as René Magritte's 'Le domaine enchanté' (1953) for $1.6m and Gabriele Münter's 'The Blue Garden' (1909) for SFr2.4m ($3m). Dealers noted a shift from speculative frenzy to more considered buying, with collectors taking longer to decide but still investing in quality works. The fair saw strong attendance, including wealthy individuals who had left London due to UK tax changes returning to buy.

Remembering F. John Sierra, Valie Export, and Mary Lovelace O’Neal

This week's In Memoriam column honors seven figures from the art world who recently passed away, including muralist and Chicano art champion F. John Sierra (1942–2026), Austrian feminist performance and film artist Valie Export (1940–2026), and painter and Civil Rights activist Mary Lovelace O'Neal (1942–2026). Also remembered are Maltese coin and monument designer Noel Galea Bason (1955–2026), Iranian-Irish gallerist and polymath Jamshid MirFenderesky (1947–2026), Philadelphia painter and educator Peter Paone (1936–2026), and Italian sculptor and installation artist Remo Salvadori (1947–2026). Each entry highlights their key contributions, from founding institutions and participating in major biennials to shaping cultural identity and challenging societal norms through art.

7 Artists to Watch at the New York Fairs This Weekend

The article highlights seven artists and presentations to watch at the New York art fairs this weekend, including Frieze, TEFAF, Independent, and NADA. Key highlights include Comme des Garçons' sculptural fashion display at Independent, Danish painter Eva Helene Pade's U.S. debut at Thaddaeus Ropac's TEFAF booth, and sold-out booths for Kelly Sinnapah Mary at James Cohan and Rachel Youn at G Gallery during Frieze. The piece notes that while no single viral spectacle dominates this fair week, a quieter but compelling mix of works and sales is drawing attention across venues.

In His Last Interview, Georg Baselitz Unpacks His New Nudes, Identity Art, and Being a Lifelong Outsider

Georg Baselitz, the influential German painter known for his inverted, upside-down works, gave his final interview before his death on April 30 at age 88. In the conversation, he discussed his upcoming exhibition "Eroi d’Oro [Heroes of Gold]" at the Fondazione Giorgio Cini in Venice, featuring monumental gold-primed canvases depicting nude portraits of himself and his wife Elke. Baselitz reflected on his lifelong outsider status, his refusal to follow artistic movements, and the controversial nature of his work, including his 1963 painting that led to an obscenity trial.

art georg baselitz artist venice death

Georg Baselitz, the influential German painter known for his inverted, upside-down artworks, has died at age 88 on April 30. The news was announced by his longtime gallery, Thaddaeus Ropac, via an obituary written by Robert Isaf. Baselitz gave his final spoken interview weeks before his death, discussing his upcoming exhibition “Eroi d’Oro [Heroes of Gold]” at the Fondazione Giorgio Cini in Venice, which opened May 6. The show features monumental gold-primed canvases with inverted portraits of himself and his wife Elke, which he described as a summary of his career and a reflection on art history.

art milan design week shows

Cultured magazine has compiled a guide to art exhibitions worth visiting during Milan Design Week 2026, beyond the main Salone del Mobile fair. Featured shows include Rirkrit Tiravanija's first retrospective at Pirelli HangarBicocca, Cao Fei's exploration of smart agriculture at Fondazione Prada, Anselm Kiefer's dual exhibitions at Palazzo Reale and Lia Rumma Gallery, Gabrielle Goliath's painting show at Galleria Raffaella Cortese, and Dozie Kanu's mirroring of Marc Camille Chaimowicz at Fondazione ICA Milano.

Eva Helene Pade Paints the Thin Line Between Ecstasy and Violence

Danish painter Eva Helene Pade, born in 1997, has been working in a borrowed London studio while her Paris home undergoes renovations. Three of her new monumental paintings—Jagt (Hunt), Nærmere (Closer), and Opstand (Surge)—will debut with Thaddaeus Ropac at TEFAF New York this week. Known for tempestuous, large-scale nocturnal scenes filled with writhing naked female bodies, Pade draws on influences from Edvard Munch, James Ensor, and Gustav Klimt, though she now works more intuitively. She signed with Thaddaeus Ropac in 2024 as the gallery's youngest represented artist and was featured in Artnet's Intelligence Report 'Zero to Hero' list for a major spike in search interest.

'It was my job to create the view': US artist Liza Lou on making colourful works in her windowless warehouse

American artist Liza Lou discusses her recent shift in practice, moving from her famous large-scale bead installations to a new body of work that fuses oil painting with glass beads. After years of collaborative work in South Africa and focusing on monochrome tones, Lou has returned to a solitary studio practice in a windowless warehouse in the San Fernando Valley. This new phase is defined by a "headlong love affair with colour," inspired by the hallucinatory palette of the Mojave Desert and a transition from logical drawing to a more intuitive, freestyle process.

ariana papademetropoulos thaddaeus ropac paris exhibition

Ariana Papademetropoulos has debuted a new solo exhibition titled "Glass Slipper" at Thaddaeus Ropac’s gallery in Paris. The show features a diverse range of works, including hyper-realistic paintings of dry-cleaned dresses, surrealist landscapes featuring floating chairs, and a central immersive installation. This centerpiece consists of a mattress and a fish tank filled with 150 kissing fish, accompanied by a commissioned ambient soundtrack by Nicolas Godin of the band Air, designed to evoke a meditative, ritualistic experience.

londons art scene saturation point

London Gallery Weekend (LGW) returned for its fifth edition from June 6 to 8, 2025, drawing art enthusiasts across 126 participating spaces despite dark clouds and drizzle. The event showcased cutting-edge performances, digital experiments, and bold textile art, but faced challenges as several trendy younger galleries—including Union Pacific, Guts Gallery, The Sunday Painter, and Xxijra Hii—chose not to participate this year. The weekend also overlapped with the debut London edition of South by Southwest (SXSW), a tech and arts conference that brought 20,505 pass-holders from 77 countries, including King Charles III, and featured visual art offerings such as LDN LAB curated by Alex Poots. While SXSW included works by Andy Warhol and Beeple, coordination between the two events was minimal, though a hastily planned SXSW VIP gallery tour occurred before LGW officially began.

Marcel Duchamp & Sturtevant | Dialogues are mostly fried snowballs

Thaddaeus Ropac Milan is hosting a landmark exhibition titled "Dialogues are mostly fried snowballs," marking the first-ever joint presentation of Marcel Duchamp and Sturtevant. The show stages a cerebral confrontation between Duchamp’s original readymades, such as "Porte-bouteilles" and "Trébuchet," and Sturtevant’s radical repetitions of his work. By showcasing these pieces alongside archival materials and films, the exhibition traces how Sturtevant used Duchamp’s style as a medium to investigate the canonization and "understructure" of conceptual art.

At TEFAF New York, the Masterpiece Market Had Plenty to Celebrate

TEFAF New York returned to the Park Avenue Armory with record attendance on its Collector Preview day, May 14, featuring 90 exhibitors showcasing modern and contemporary masterpieces, antiques, decorative arts, and jewelry. Dealers reported strong sales across price tiers, including an Andy Warhol Mao sold by ML Fine Art within the first hour, a Lucio Fontana *Concetto Spaziale* for $2.3 million at Mennour, and works by Giorgio Morandi, Giosetta Fioroni, and Meret Oppenheim sold by Galleria d’Arte Maggiore g.a.m. A new secondary-market partnership, Pace Di Donna Schrader Galleries, debuted with a booth anchored by a 1956 Rothko, signaling renewed confidence in the market.

Frieze New York 2026 Sales Report & Contemporary Art Market Trends

Frieze New York 2026 concluded with significant sales activity, as galleries reported strong demand for blue-chip contemporary works. The fair featured a mix of established and emerging artists, with notable transactions including major paintings by living artists and secondary market pieces. Dealers noted a cautious but steady market, with collectors focusing on high-quality, investment-grade works.

FAD News: Major museum acquisitions and strong sales drive Frieze New York 2026

Frieze New York closed its 15th edition at The Shed with strong sales, major museum acquisitions, and 25,000 visitors from 75 countries. The fair featured 68 galleries from 26 countries and launched the inaugural Sherman Family Foundation Acquisition Fund, enabling the Brooklyn Museum and Baltimore Museum of Art to acquire works by Bettina from Ulrik, Reika Takebayashi, Seba Calfuqueo, and Joanne Burke. Notable sales included El Anatsui works for $2.2 million and $1.9 million at White Cube, a Georg Baselitz painting for €1.4 million at Thaddaeus Ropac, and a James Turrell light work in the $900,000–$1 million range at Almine Rech. Latin American representation grew to 14 galleries, and the Focus section curated by Lumi Tan drew strong institutional attention.

Venice off the beaten track

The article highlights collateral exhibitions at the 2024 Venice Biennale that take place beyond the main venues of the Giardini and Arsenale, offering visitors unexpected discoveries in historic Venetian palazzos and warehouses. Featured shows include Hernan Bas's 'The Visitors' at Ca' Pesaro, exploring tourism's contradictions; 'Turandot: To the Daughters of the East' at Palazzo Franchetti, a group exhibition of women artists from Central Asia; and Amoako Boafo's first solo show in Italy at Palazzo Grimani, presented by Gagosian.

Five forces that reshaped the art market in 2025

In 2025, the art market faced significant challenges, including gallery closures and unfavorable auction results in the first three quarters, driven by geopolitical pressures such as US President Donald Trump's tariffs. However, a rebound occurred in autumn, with buoyant fairs like Frieze London and Art Basel Paris, and strong November auctions in New York totaling over USD 2 billion, carrying momentum to Art Basel Miami Beach. Key events included Gustav Klimt's *Portrait of Elisabeth Lederer* selling for USD 236.4 million at Sotheby's, a record for a Modern work, and a Frida Kahlo self-portrait setting a new record for a work by a woman. Meanwhile, several galleries closed, including Blum, Venus Over Manhattan, Clearing, Kasmin Gallery, Tilton Gallery, and Perrotin and Pace's Hong Kong outposts, while others expanded, such as Thaddaeus Ropac in Milan and Hauser & Wirth in Sicily.

The Art Market Year in Review

The art market experienced a turbulent 2025, beginning with a 12% decline in sales from 2024, following a 3% drop in 2023, as reported by the Art Basel and UBS Global Art Market Report. Major auction houses Christie’s, Sotheby’s, and Phillips saw average sales fall 6% in the first half of the year. However, the market rebounded by autumn, with strong sales at London and Paris art fairs and a 15% year-on-year increase in auction sales at the three main houses by December, according to Pi-eX. Key events included Sotheby’s failed sale of Alberto Giacometti’s *Grand tête mince* in May, followed by a record-breaking $236 million sale of Gustav Klimt’s *Portrait of Elisabeth Lederer* in November, and a $31.4 million record for François-Xavier Lalanne’s *Hippopotame Bar*.

9 Standout Solo Gallery Shows to See in Paris

The article highlights nine standout solo gallery shows currently on view in Paris, coinciding with Art Basel and other art fairs taking place in the city. Featured exhibitions include Elmgreen & Dragset's lifelike office worker installation at MASSIMODECARLO's Piece Unique window, Jessie Makinson's new surreal figurative paintings at Brigitte Mulholland, a tribute to Robert Rauschenberg's 100th birthday at Thaddaeus Ropac, Jeffrey Gibson's first Paris solo show at Hauser & Wirth, and Mickalene Thomas's new portrait series at Galerie Nathalie Obadia, among others.

‘Like a carefully choreographed performance’: meet the logistics professionals who bring art fairs to life

Art fairs appear serene on the surface, but behind the scenes, logistics professionals work frantically to ship, install, and present hundreds of artworks. The article shares dramatic installation tales from galleries and shippers, including Gianpietro Carlesso's heavy sculpture at Frieze Sculpture 2020, a Calder Stegosaurus transported for Art Basel Miami Beach 2013, and Mandy El-Sayegh's immersive booth installation at Frieze London 2023. These stories highlight the challenges of tight schedules, extreme weather, and complex installations that require structural engineers, cranes, and overnight work.

Chiharu Shiota Stages First New York Solo Museum Show—and a Rundown of the Latest in Asia’s Art World

Chiharu Shiota is staging her first solo museum show in New York, marking a significant milestone for the Japanese artist known for her immersive thread installations. The article also provides a comprehensive rundown of recent developments across Asia's art world, including gallery expansions, new exhibitions, art fairs, and institutional news. Highlights include Mire Lee's Los Angeles solo debut at Sprüth Magers, Bluerider Art's new U.S. outpost in Manhattan Beach, and Lisson Gallery's first show with Shanghai-based artist Ding Yi in London. Art fairs such as Frieze House Seoul, Tennoz Art Week, Art Busan, Tokyo Gendai, and Art SG are also covered, alongside the relaunch of New York's Art in General under curator Xiaoyu Weng.

Despite external chaos, Frieze Seoul soldiers on

The fourth edition of Frieze Seoul (3-6 September) took place alongside the Korea International Art Fair (Kiaf) at the Coex convention centre in Gangnam, amid economic concerns and a slower art market. Despite a modest 0.8% expected growth in South Korea's economy and fewer Western exhibitors, the fair saw strong institutional attendance, including curators from M+, the Museum of Modern Art, and the San Francisco Asian Art Museum, as well as celebrity visitors like BTS members and Blackpink's Lisa. Galleries reported cautious but steady sales, with a notable presence of Asian collectors, particularly from Japan, and a Stand Prize awarded to Kohesi Initiatives for a politically charged booth by Timoteus Anggawan Kusno.

New documentary bringing Metro Pictures gallery to the screen

A new feature documentary, *Pictures of Pictures: The Metro Years*, is being made about the influential New York gallery Metro Pictures. Founded in 1980 by Janelle Reiring and Helene Winer, the gallery represented key artists of the Pictures Generation, including Cindy Sherman, Robert Longo, Louise Lawler, and Walter Robinson. The film, directed by Sophie Chahinian, explores the gallery's four-decade run, its founding principles of integrity and curatorial care over profit, and the personal stories of its artists and founders.

Les vernissages cette semaine dans les galeries parisiennes

This week, several Parisian galleries are opening new exhibitions, with a concentration in the Marais district. Highlights include Olivier Kaeppelin's group show of four female painters at H Gallery, Mamma Andersson's works on paper at David Zwirner, Lucio Fontana's ceramics at Karsten Greve, Michel François's entropic ensembles at Art: Concept, and Anselm Kiefer's show at Thaddaeus Ropac in Pantin. Other notable openings include Linda Sanchez at Galerie Papillon, Chechu Álava at Galerie Xippas, and group exhibitions at Galerie Allen and Galerie The Pill.

Koyo Kouoh’s Legacy Shapes the 2026 Venice Biennale

Koyo Kouoh, the first African woman to curate the Venice Biennale, was appointed curator of the 2026 edition and began shaping the main exhibition titled 'In Minor Keys' in October 2024. She died of cancer in May 2025 at age 57, but the Biennale organizers have committed to realizing her vision. The exhibition features 111 artists, collectives, and organizations from cities including Nairobi, New Orleans, Kingston, New Delhi, Beirut, and Bangkok, many of them her longtime collaborators. Kouoh was also the founder of Raw Material Company in Dakar and executive director and chief curator of the Zeitz Museum of Contemporary Art Africa (MOCAA) in Cape Town.

Alex Katz | Porcelain Beauty 1 (2021) | For Sale

Alex Katz's 2021 porcelain enamel sculpture "Porcelain Beauty 1" (edition 18/25) is being offered for sale through Palm Beach Modern Auctions. The work, measuring 24 by 20.75 inches and mounted on aluminum, was printed and published by Lococo Fine Art Publishing in St. Louis, Missouri, and comes with its original crate and installation brochure. Its provenance includes Vertu Fine Art in Boca Raton, Florida, and a private collection in Florida.

Alex Katz | Three Trees - 알렉스카츠 - Alex Katz Dancing with reality… (2018) | For Sale

This article is a sales listing for Alex Katz's 2018 silkscreen print "Three Trees - 알렉스카츠 - Alex Katz Dancing with reality… (2018)", offered by Frank Fluegel Gallery in Nuremberg, Germany. The work is a 20-color silkscreen print measuring 37 × 59 inches, part of a limited edition of 60, hand-signed by the artist and priced at $16,500. The listing includes details about the artist's background, his signature style of flat color planes influenced by advertising aesthetics and Pop art, and his exhibition history at major institutions worldwide.

Venice Biennale 2026: all the national pavilions, artists and curators so far

The 61st Venice Biennale has begun announcing its lineup for the 2026 edition, which is scheduled to run from May 9 to November 22. While the main exhibition will follow a curatorial framework established by the late Koyo Kouoh, various nations have started naming the artists and curators who will represent them in the Giardini, the Arsenale, and satellite venues across the city.