Gustav Klimt's final portrait, 'Dame mit Fächer (Lady With a Fan),' sold for £85.3 million ($108.4 million) at Sotheby's London, setting a new record for the most expensive work of art ever auctioned in Europe. The painting, which was still on Klimt's easel when he died in 1918, surpassed its pre-sale estimate of over £65 million after a ten-minute bidding war.
10 power players paris
The inaugural edition of Paris+ by Art Basel has opened in Paris, marking a significant shift in the city's art fair landscape. The article profiles ten key figures instrumental in shaping the French art market, including fair director Clément Delépine, dealer and committee president Marion Papillon, and institutional leaders like Suzanne Pagé of the Fondation Louis Vuitton and Rebecca Lamarche-Vadel of Lafayette Anticipations.
The Asia-Pacific art scene saw significant activity across multiple sectors. Art SG reported increased attendance and sales, while the SAM Art SG Fund acquired works for the Singapore Art Museum. JD.com announced plans for a major new museum in Shenzhen, and several appointments and award winners were named across the region. Auction houses Bonhams Hong Kong and Sotheby's Singapore posted strong sales results, with the latter setting new artist records.
This week's art industry roundup covers a flurry of developments across art fairs, auction houses, galleries, and museums. A new boutique fair called Enzo will launch alongside Frieze Los Angeles in an Echo Park warehouse with 10 New York galleries, while Felix Los Angeles returns to the Hollywood Roosevelt Hotel with 50 exhibitors. Art Cologne's revived Palma Mallorca fair announces 88 exhibitors for its April debut. At auction, Christie's London will offer the Vanthournout collection of modernist and Surrealist works, including a Magritte painting estimated at $4.7 million, while Bonhams sells rare Oscar Wilde materials and three Bob Ross paintings. In gallery news, Roland Augustine steps down at Luhring Augustine, Lehmann Maupin opens a London space, and several galleries announce new artist representations. Museums see leadership changes at the Park Avenue Armory and Wrightwood 659, and the Rijksmuseum plans a new sculpture garden.
The Peter Hujar Archive and Foundation has left Pace Gallery and will now be jointly represented by New York-based gallery Ortuzar and Fraenkel Gallery in San Francisco. The archive will continue working with Mai 36 Galerie in Zürich and Maureen Paley in London on select projects. Ortuzar founder Ales Ortuzar expressed deep personal excitement about representing Hujar, who will be the first photographer the gallery has represented since its founding in 2018. The gallery plans two concurrent exhibitions this spring: a recreation of Hujar's 1986 show at Gracie Mansion and a group show featuring artists from his circle.
This week's art industry roundup covers a postponement, financial losses, legal disputes, and leadership changes. New Jersey's Art Fair 14C has been postponed to May 2027, with organizers citing capacity issues unrelated to market conditions. Bonhams reported a 90% pre-tax loss jump to £213 million in 2024 due to impairment charges. A rediscovered Watteau drawing will be auctioned at Christie's Paris, and personal items of Jimmy and Rosalynn Carter are featured in Christie's 'American Collector' sales. In galleries, Amy Sillman left Gladstone for David Zwirner, Trevor Paglen joined Jessica Silverman, and Maya Hewitt joined Theta. The Louvre partially closed after a staff strike demanding director Laurence des Cars' resignation and reassessment of a renovation plan. Belgium's plan to dismantle Antwerp's M HKA museum has sparked resignations and backlash. New appointments include Will Cary as COO of the Barnes Foundation and Patton Hindle as director of arts at the Knight Foundation. MATHAF museum in Doha announced a campus expansion by architect Lina Ghotmeh. Legal disputes emerged between Gian Enzo Sperone and Angela Westwater over the shuttered Sperone Westwater gallery.
In 1975, artists Red Grooms and Mimi Gross created "Ruckus Manhattan," a monumental multimedia recreation of New York City landmarks from Lower Manhattan to Times Square, built in a vacant lobby at 88 Pine Street with a team of 20 to 30 artists called the Ruckus Construction Co. Half a century later, the Brooklyn Museum is exhibiting excerpts from the project, and for the first time properly credits Gross as co-creator, correcting decades of obscuring her role when the work was shown at Marlborough Gallery, which represented only Grooms.
Artist Christian Marclay is interviewed at Berlin's Neue Nationalgalerie ahead of his exhibition "The Clock," a 24-hour single-channel video installation that runs through January 25, 2026. The artwork is a meticulously edited collage of film clips, each showing a timepiece or time-related action, synchronized in real-time so that the film's time matches the viewer's actual time. Marclay discusses his long-standing interest in time, the project's origins in the early 2000s, and his process of deconstructing and linking found footage, emphasizing the crucial role of sound in smoothing transitions.
Christie's and Sotheby's have released their projected 2025 sales results, signaling a potential recovery after three years of market contraction. Sotheby's reported total sales of $7 billion, a 17% increase over 2024, with fine art up 15% to $4.3 billion. Christie's posted $6.2 billion, a 6% rise from $5.8 billion in 2024, bolstered by $234 million from its Gooding acquisition. Notable sales include Canaletto's Venice, the Return of the Bucintoro on Ascension Day for £31.9 million at Christie's and a Gustav Klimt painting that sold for $236 million at Sotheby's.
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.
Jenny Saville, the British painter known for her monumental depictions of flesh, is the subject of her first major U.S. museum exhibition, "Jenny Saville: The Anatomy of Painting," now on view at the Modern Art Museum of Fort Worth, Texas. The show, which previously opened at London's National Portrait Gallery in June, brings together 45 works from across her career, including charcoal drawings and large-scale oil paintings. In a rare interview, Saville discusses seeing older works like *Plan* again and how the Fort Worth museum's architecture suits her largest canvases. The exhibition runs through January 2026, ahead of a major 2026 showcase in Venice.
WangShui, an artist known for AI-assisted abstract paintings, challenges the stereotype of tech-focused artists as isolated nerds. In a studio visit, they described their practice as a spiritual project, using machine learning to create works like 'Scr∴ pe II (Isle of Vitr∴ ous)' at the 2022 Whitney Biennial and pieces at the 2024 Venice Biennale. Their latest collaboration with Maryam Hoseini, 'The Demon and the Muse (DM),' is on view at SITE Santa Fe International, covering the facade with red oil and black ink. WangShui emphasizes that AI is a tool for exploring consciousness and healing, not a replacement for human creativity.
Artnet Pro has published a roundup of nine artists whose markets it appraised in depth during 2025, including Dorothea Tanning, Gertrude Abercrombie, Emily Kam Kngwarray, Jack Whitten, and Olga de Amaral. The article highlights key market developments for each artist, such as record auction prices, growing international recognition, and shifts in collector interest, drawing on data and expert commentary from dealers, auction-house specialists, and advisors.
Abu Dhabi Art (ADA) opens its largest edition to VIPs on November 18 at Manarat Al Saadiyat, featuring 142 exhibitors—up from just over 100 last year. This is the final edition under the ADA name before it relaunches as Frieze Abu Dhabi in 2025, marking a major transition for the Gulf's art market. Key international dealers like Pace are returning after a long absence, and the fair includes works by Robert Indiana, Arlene Shechet, and a teamLab installation. The event comes as Art Basel also plans its 2026 debut in Qatar, signaling a broader regional shift.
The International Gallery of Modern Art at Ca’ Pesaro in Venice will host a major solo exhibition of works by British painter Jenny Saville in 2026, coinciding with the Venice Biennale. The show, curated by Elisabetta Barisoni, will run from March 28 to November 22 and feature around 30 paintings spanning Saville's career from the 1990s to the present, including a new series inspired by Venice. Mega-gallery Gagosian, which represents Saville, is supporting the exhibition.
London-based gallery White Cube has announced representation of German artist Katharina Grosse, with her first exhibition scheduled for April 2026 at its Bermondsey space. The gallery will also feature a new painting by Grosse at Art Basel Miami Beach next month. Grosse will continue to share representation with Gagosian, Galerie Max Hetzler, and Galerie nächst St. Stephan. White Cube founder Jay Jopling, who first worked with Grosse in 2002, expressed admiration for her evolving practice.
The article reports on the inaugural Bukhara Biennial in Uzbekistan, titled "Recipes for Broken Hearts," which opened in the historic 16th-century Khoja Gavkushon complex. Curated by Diana Campbell, the biennial features over 70 projects spanning 500 meters of public space, including works by artists Subodh Gupta, Laila Gohar, and Carsten Höller. The exhibition embraces the local environment—sun, wind, and dust—as collaborators, rejecting the sterile white cube model. Food is a central theme, with communal plov parties, performative cooking sessions, and installations like Gohar's edible rock sugar pavilion. The biennial runs through November 20.
A new two-volume collection of Okwui Enwezor's writings, titled "Okwui Enwezor: Selected Writings, Volume 1: Toward a New African Art Discourse" and "Volume 2: Curating the Postcolonial Condition," has been published by Duke University Press in 2025, edited by Terry Smith. Spanning over a thousand pages and covering the years 1994 to 2019, the collection gathers Enwezor's catalog essays, exhibition reviews, and analyses, tracing his evolution as a poet, writer, curator, theorist, educator, and museum director who died in 2019 at age 56.
Emily Kam Kngwarray, the prolific Aboriginal artist who began painting in her 70s, is receiving belated international recognition nearly two decades after her death. A landmark survey of her work is currently on view at Tate Modern in London, while major galleries and auction houses are selling her pieces for record prices. The article, part of Artnet News's 'Art Market Minute' series, examines which of Kngwarray's works fetch the highest prices and where market growth potential remains.
This week's art industry news covers major auction results, gallery changes, and restitution developments. At Christie's Old Masters evening sale in London, Canaletto's "The Return of the Bucintoro on Ascension Day" set a new auction record for the artist at £31.9 million ($43.9 million), leading the sale to a total of £60.8 million. Sotheby's Old Masters evening sale brought in £14.5 million, with three new records including Diana de Rosa's "Salome with the Head of Saint John the Baptist" selling for £317,500. A rare early watercolor by Man Ray, "Nude Playing Musical Instrument" (1913), resurfaced after decades and will be auctioned at Dreweatts. In gallery news, Blum gallery laid off most of its staff and plans to cease brick-and-mortar operations, while Waddington Custot announced a new Paris space, and Company Gallery hired Subhas Kim Kandasamy as executive director. White Cube now represents Firenze Lai, and JD Malat Gallery launched a new initiative for UAE artists. In restitution, the Netherlands returned 119 Benin Bronzes to Nigeria, and the Museum of Fine Arts, Boston, transferred two Benin works to the Oba of Benin.
Artnet News published its quarterly museum artist ranking for June 2025, analyzing temporary exhibitions at over 250 U.S. museums to identify which living artists received the most institutional attention. The list includes over 4,500 names, with Indigenous contemporary artists dominating the top ranks: Cara Romero and Sky Hopinka remain highly visible, joined by Jeffrey Gibson and Andrea Carlson. Cindy Sherman appears in at least 10 group shows nationwide, while Alex Katz continues as a rare painter favored by museums at age 97. The ranking prioritizes career retrospectives, dedicated exhibitions, and special commissions over group show appearances.
Claudia Alarcón, a Wichí artist from Argentina, learned the traditional yica stitch from her mother and grandmother at age 12. Her weavings, created in collaboration with the all-female collective Silät, were a standout at the 2024 Venice Biennale, earning critical praise from Barry Schwabsky in The Nation. The works are now featured in a solo show at James Cohan Gallery in New York, as well as in Brazil’s Bienal do Mercosul, and will travel to the De La Warr Pavilion in England, the Museo de Arte de São Paulo, and the Guggenheim Bilbao.
Artnet News' Wet Paint gossip column presents a selective summer guide for the art world, highlighting key exhibitions and social hotspots. In Manhattan, the Upper East Side offers the Park Avenue Armory's Diane Arbus photo exhibition, the Met's John Singer Sargent show, and the newly opened Frick with its Westmoreland café. Downtown, Bar Oliver in Two Bridges has become an art world haunt, co-created by Olmo and Cy Schnabel. The column also previews themed group shows: "Hope is a dangerous thing" at P.P.O.W. and "CAKE" at Olympia Gallery, featuring edible artworks. Exclusive news reveals the engagement of Lucas Zwirner to Charlotte Lindemann, merging two powerful art-dealing families. Additionally, Sky High Farm in Germantown, New York, is launching a new biennial with works by Anne Imhof, Rudolf Stingel, and Felix Gonzalez-Torres.
The largest-ever exhibition of Diane Arbus's work, titled "Constellation," opens today at the Park Avenue Armory in New York City. Featuring over 450 prints—many previously unpublished—the immersive show debuted at LUMA Arles in 2023 and arrives in the U.S. with its original labyrinthine format. Curated by Matthieu Humery, the exhibition presents Arbus's iconic photographs of marginalized figures, celebrities, and everyday people without chronological or narrative order, emphasizing her equalizing gaze. The prints come from the collection of Maja Hoffmann, who acquired the complete set of printer's proofs from Neil Selkirk, the only person authorized by the Diane Arbus Estate to print from her negatives.
The National Portrait Gallery (NPG) in London is in a last-minute push to raise £50 million ($60 million) to acquire Joshua Reynolds's 1776 portrait of Omai, a Polynesian visitor to Britain, before a temporary export ban expires on March 10. Despite raising roughly £25 million through a grassroots campaign involving public donations, a £2.5 million grant from the Art Fund, and £10 million from the National Heritage Memorial Fund, the NPG remains short of its goal and is reportedly in secret talks with the Getty Museum to jointly purchase the painting.
Artist Brad Kahlhamer prepares for his first solo exhibition with Venus Over Manhattan at 39 Great Jones Street, featuring energetic paintings on bedsheets that blend Plains Indian winter counts, pop-cultural graphics, and Manhattan's post-punk scene. The article follows Kahlhamer through the week leading up to the show, including his visit to TEFAF New York at the Park Avenue Armory, where his work "American Horse" was displayed in the gallery's booth, and his reflections on the installation process and the portable bedsheet medium inspired by Indigenous traditions.
Frieze New York 2025 is approaching, and Artnet News has published a guide to must-see museum and gallery shows across the city. Highlights include dual exhibitions by Kennedy Yanko at Salon 94 and James Cohan, a solo show by Salman Toor at Luhring Augustine, two concurrent Picasso exhibitions at Gagosian and Almine Rech, and a major survey of Rashid Johnson at the Solomon R. Guggenheim Museum. The guide covers emerging and established artists, with shows running from April through July 2025.
Artist Ilana Savdie, known for her electrically colorful and biomorphic paintings, presents a new series titled "Glottal Stop" at White Cube in New York. The exhibition explores themes of camouflage, animal mimicry, and the physical toll of global discord, featuring works that use pigmented beeswax, oil, and acrylic to create nearly sentient surfaces. Savdie draws from horror films, Baroque painting, and anatomy books, incorporating suspended painted latex sheets into an immersive, maze-like installation.
Lorna Simpson's paintings are the subject of a new survey exhibition at the Metropolitan Museum of Art in New York, titled "Source Notes," on view through November 2. The show features over 20 paintings created between 2014 and 2024, marking the first exhibition to survey Simpson's output in this medium. Curated by Lauren Rosati, the exhibition aims to provide an overview of her painterly practice while connecting it to her collage work, with two vitrines displaying her collages to illustrate the fluidity between the two practices. Simpson, best known for her photography from the 1980s, debuted her paintings at the 2015 Venice Biennale organized by the late curator Okwui Enwezor.
Art Basel's Unlimited sector opened on Monday at the Messeplatz in Basel, featuring 70 large-scale projects selected from 93 galleries. Curated by Giovanni Carmine, the showcase includes works such as Agnes Denes' wheat field installation, Mario Ceroli's peace-themed flags, Christo's wrapped Volkswagen Beetle (priced at $4 million), and pieces by Lutz Bacher, Alex Da Corte, and Anna Uddenberg. VIP collectors and museum directors, including Paul Ettlinger and Chris Dercon, were among the first attendees, with galleries using early social media posts to signal status and generate buzz.