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labubu kasing lung art market

The article examines the meteoric rise and current cooling of the market for Labubu, the Nordic fanged monster character created by artist Kasing Lung. After a decade of slow development, Labubu exploded in popularity through Chinese toy blind-box manufacturer Pop Mart, leading to record auction sales in 2025. Yongle Auction in Beijing organized the world's first themed Labubu sale, where a mint-green sculpture sold for RMB 1.242 million and a painting, 'Pure' (2021), fetched RMB 1.61 million, setting successive records. The frenzy attracted a diverse range of buyers, from streetwear collectors to traditional ceramics enthusiasts, many of whom share their purchases on social media platforms like Douyin.

interview mega collector dakis joannou

The article profiles billionaire Greek Cypriot collector Dakis Joannou, focusing on his superyacht *Guilty*, painted by Jeff Koons in dazzle camouflage, and his Deste Foundation's project space on Hydra. It describes the 2023 group show "Dream Machines," co-curated by Daniel Birnbaum and Massimiliano Gioni, featuring works by Koons, Andro Wekua, Mire Lee, and others, and includes an interview with Joannou about the yacht's design and his art collection.

jean paul engelen joins acquavella galleries

Jean-Paul Engelen, currently president for the Americas and worldwide co-head of modern and contemporary art at Phillips auction house, will join Acquavella Galleries as a director starting July 1. Engelen spent a decade at Phillips, where he helped increase auction sales by 72 percent between 2015 and 2021, and previously worked at Christie’s for 16 years and at Qatar Museums.

expo chicago 2025 report

Expo Chicago 2025 wrapped on Sunday with upbeat energy and larger crowds than usual, thanks to a scheduling change that allowed VIPs earlier access. The fair, now in its second edition under Frieze ownership, featured 170 exhibitors, a new magazine with artist profiles of Caroline Kent and Nick Cave, and a partnership with KIAF and the Galleries Association of Korea that brought 20 Korean galleries. Dealers reported healthy sales, including a sold-out presentation by Jaylon Hicks at Maximilian Williams gallery, with works priced from $3,000 to $20,000. Frieze leaders attended major events, signaling continued commitment to Chicago nearly two years after acquiring the fair.

art how to start art collection advice

Cultured magazine profiles 10 art collectors, sharing the stories of their first acquisitions. The article features collectors such as Miami real estate developer Craig Robins, hotelier Steve Wilson, Allison Sarofim, Brandon John Harrington, James Frey, and Rodrigo Padilla, recounting how they began their collections—from a Dalí sketch and a Matisse drawing to an Andy Warhol portrait and a late-night Instagram purchase. Each narrative highlights the personal, often serendipitous moments that sparked a lifelong passion for art.

Phillips’ $115.2 Million Evening Sale Was a Testament to the Power of Pre-Planning and Priority Bidding

Phillips’ Modern & Contemporary Art Evening Sale on May 19 achieved a white-glove result, totaling $115.2 million across 41 lots—a 122 percent increase from May 2025. The sale saw strong performances from works by Lee Bontecou, Salman Toor, and Cecily Brown, with Bontecou’s 1985 pastel on canvas setting a record for a two-dimensional work by the artist at $4.2 million. Other top lots included Andy Warhol’s *Sixteen Jackies* (1964) at $16.2 million, a Monet landscape at $9.3 million, and a Joan Mitchell at $6.9 million. Notably, less than half of the lots were guaranteed, with Phillips’ Priority Bidding incentive—offering a 4 percent discount on buyer’s premium—contributing to the strong results, as more than half of the lots attracted such bids.

Art Basel unveils Basel Exclusive and further program highlights for its flagship show in June

Art Basel has announced new program highlights for its flagship fair in Basel this June, including a new initiative called Basel Exclusive. Developed in dialogue with galleries, Basel Exclusive requires participating exhibitors from the main Galleries sector to reserve at least one major work—or an entire presentation—from all pre-fair previews, online viewing rooms, and pre-sales, unveiling them publicly for the first time during the VIP opening on June 16. The fair also revealed the lineup for Unlimited, its platform for large-scale works, which will feature 59 projects by 66 international galleries, curated for the first time by Ruba Katrib of MoMA PS1. Unlimited Night returns on June 18 with extended hours and special performances.

At Art Basel Hong Kong, More Collectors Are Buying With Purpose

Art Basel Hong Kong 2026 opened with a renewed sense of optimism, featuring 240 galleries and a significant emphasis on the Asia-Pacific region. The VIP preview saw a surge in attendance primarily from regional collectors across mainland China, Taiwan, Korea, and Southeast Asia, signaling a robust recovery for the local market. While international travel remains a factor, the fair's success is increasingly driven by a localized ecosystem of younger collectors and long-term public investments in cultural infrastructure like the M+ museum.

Must-see Chicago museum openings, exhibitions and events in 2026

Chicago's cultural institutions are preparing a diverse slate of exhibitions and openings for 2026. Highlights include the Art Institute of Chicago presenting Henri Matisse's complete 'Jazz' book of cutouts for the first time, a survey of Dominican artist Firelei Báez at the Museum of Contemporary Art Chicago, the National Museum of Mexican Art exploring the history of Mexican railroad workers, and a costume design exhibition featuring Paul Tazewell's work at the Griffin Museum of Science and Industry. The year also features the grand opening of the Obama Presidential Center and a Barbara Nessim survey at the DePaul Art Museum.

The 14 Best Art Museum Exhibits in the World in 2026

PaperCity tapped Elaine de Kooning House founder Chris Byrne to curate a list of the 14 best art museum exhibitions worldwide in 2026. Highlights include a major Marcel Duchamp retrospective at MoMA—the first North American survey in over 50 years—featuring nearly 300 works, and Raphael's first comprehensive U.S. exhibition at The Met, titled 'Raphael: Sublime Poetry,' with 200 drawings, paintings, and tapestries. Other notable shows include 'The Shakers: A World in the Making' at ICA Philadelphia and a Guerrilla Girls exhibition at the Getty Center in Los Angeles.

In memoriam: remembering art world figures who died in 2025

This article from The Art Newspaper, published as 2026 begins, memorializes key figures from the art world who died in 2025. The list includes artist and activist Jaune Quick-to-See Smith, filmmaker and artist David Lynch, conceptual artist Mel Bochner, collector and patron Guy Ullens (co-founder of Beijing's UCCA), curator Koyo Kouoh (the first African woman to curate the Venice Biennale), photographer Sebastião Salgado, broadcaster Alan Yentob, and sculptor Joel Shapiro. Each entry summarizes their career highlights and contributions.

London Art Exhibitions 2026 An Artlyst Month by Month Guide

Artlyst has published a comprehensive month-by-month guide to art exhibitions opening in London throughout 2026. Highlights include solo shows by Lucian Freud, David Hockney, and Anish Kapoor; surveys of women artists such as Tracey Emin, Frida Kahlo, Rose Wylie, Cecily Brown, and Chiharu Shiota; and historical exhibitions featuring Stubbs, Whistler, and Renoir. The guide also covers the opening of the new V&A East, a major samurai exhibition at the British Museum, a Freud drawing show at the National Portrait Gallery, an Aardman animation exhibition at Young V&A, a Lynda Benglis and Giacometti encounter at the Barbican Centre, and a Seurat seascape exhibition at the Courtauld Gallery.

20 Must-See Monographic Museum Exhibitions Feature Artists Allan Rohan Crite, Wifredo Lam, Suzanne Jackson, Woody De Othello, Theaster Gates & More

Fall 2025 brings a wave of major monographic museum exhibitions worldwide, featuring artists such as Allan Rohan Crite, Wifredo Lam, Suzanne Jackson, Woody De Othello, and Theaster Gates. Highlights include the first mainstream museum shows for Crite in his hometown of Boston, the first solo museum exhibition for Gates in Chicago, and the first U.S. retrospective for Lam at MoMA. Other notable shows include surveys of Robert Colescott, Coco Fusco, Richard Hunt, Jacob Lawrence, and Cauleen Smith, spanning institutions from the San Francisco Museum of Modern Art to Zeitz MOCAA in Cape Town.

‘Really encouraging’: Phillips’s modern and contemporary sale continues New York auction momentum

Phillips’s modern and contemporary evening sale on 19 November generated nearly $54.8 million ($67.3 million with fees), a 25% increase over the same sale last year. Out of 33 lots, only two failed to sell, achieving a 94% sell-through rate. The top lot was Francis Bacon’s *Study for Head of Isabel Rawsthorne and George Dyer* (1967), which hammered at $13.5 million, followed by an untitled Joan Mitchell work from 1957-58 at $12 million. The sale also included natural history objects for the first time, such as a juvenile Triceratops skeleton nicknamed 'Cera,' which sold for $4.35 million. Female artists performed strongly, with Ruth Asawa’s copper wire sculptures sparking lengthy bidding wars and Firelei Báez setting a new artist record that was later broken at Christie’s the same evening.

10 Must-See Shows during Art Basel Paris 2025

Art Basel Paris 2025 returns to the Grand Palais, with off-site events across the city. For those without fair tickets, galleries throughout Paris are hosting notable shows alongside the fair, including Gerhard Richter at David Zwirner, Robert Rauschenberg's 'Gluts' series at Thaddaeus Ropac, Hans Op de Beeck at Templon, and Heinz Mack at Almine Rech. The article highlights ten must-see gallery exhibitions running concurrently with the fair.

Slim Phillips London Sale Totals $13.9 Million, Off 32 Percent From 2024

Phillips London's evening sale of Modern and contemporary art on Thursday totaled £10.3 million ($13.9 million), a 32 percent drop from the equivalent sale in 2024. The 45-minute auction saw 4 of 26 lots withdrawn before bidding, and 4 of the remaining 22 failed to sell, including works by Banksy, Andreas Gursky, Sigmar Polke, and Andy Warhol. The top lot was Jean-Michel Basquiat's *Untitled (Pestus)* (1982), which sold for £2.37 million ($3.19 million), just below its estimate. A new auction record was set for Emma McIntyre, whose painting *Seven types of ambiguity* (2021) more than doubled its high estimate to fetch £167,700 ($225,355).

Hyperallergic Fall 2025 New York Art Guide

Hyperallergic has published its comprehensive Fall 2025 New York Art Guide, recommending over 80 exhibitions across all five boroughs. Major highlights include the reopening of the Studio Museum in Harlem after a seven-year renovation, the debut of the new New Museum on the Bowery, and multiple exhibitions marking the 100th anniversary of Robert Rauschenberg's birth at the Guggenheim and the Museum of the City of New York. The guide also features shows by Monet at the Brooklyn Museum, Renoir at the Morgan, and Ruth Asawa and Wifredo Lam at MoMA, along with public art installations by Mika Rottenberg and Lady Pink on the High Line and MoMA PS1 facade.

9 Must-See Shows at Paris Gallery Weekend 2025

Paris Gallery Weekend 2025 takes place May 23–25 across 74 galleries in the capital, featuring vernissages, performances, exhibition walkthroughs, and artist talks. Now in its second decade, the event was founded to spotlight Paris’s contemporary art scene and offers a counterpoint to the art fair circuit. Highlights include Sophie Calle’s "SÉANCE DE RATTRAPAGE" at Perrotin, where she revisits unfinished projects from her 2023 Picasso Museum exhibition, and major institutional shows like the David Hockney retrospective at Fondation Louis Vuitton and "Corps et âmes" at Bourse de Commerce. The weekend also includes a new Agnès Varda exhibition at Musée Carnavalet linking her photography to her Montparnasse atelier.

Huge Paris exhibition reveals David Hockney’s love of Van Gogh

A major exhibition at the Fondation Louis Vuitton in Paris, titled "David Hockney 25," showcases 400 works by the British artist, with a focus on the past 25 years of his career. The show highlights Hockney’s deep admiration for Vincent van Gogh, featuring a section called "The Great Wall" that includes 29 Van Gogh reproductions alongside works by other artists. Key pieces on display include Hockney’s portrait of his partner Jean-Pierre Gonçalves de Lima, inspired by Van Gogh’s "Sorrowing Old Man," and iPad drawings echoing Van Gogh’s sunflower still lifes. The exhibition runs until 31 August.

At Sotheby’s, a $70M Giacometti Fails to Sell While Works By Munch and Cézanne Ignite Buyer Excitement

Sotheby’s Modern Evening Auction on May 13, 2025, achieved $186.4 million in sales but was overshadowed by the failure of its headline lot: Alberto Giacometti’s hand-painted bronze bust *Grande tête mince (Grande tête de Diego)*, estimated at $70 million. The work, consigned by the Soloviev Foundation, went unsold after minimal bidding, lacking a guarantee or irrevocable bid. Other highlights included a strong performance by Edvard Munch and Paul Cézanne works, with 40% of lots exceeding high estimates. Notable sales included Georgia O’Keeffe’s *Leaves of a Plant* ($12.97 million) and Alexander Calder’s *Four Big Dots* ($8.285 million), both fresh to market.

Frieze VIP day defined by dealers’ resilience

Frieze New York's VIP opening on Wednesday saw strong attendance despite economic uncertainty following President Donald Trump's April 2 tariff announcement, which caused stock market volatility. Gallerists reported early sales driven by institutional buyers, with works by Tuan Andrew Nguyen, Rashid Johnson, Lorna Simpson, Claire Tabouret, and WangShui finding homes at museums including the Moderna Museet, Dallas Museum of Art, and Heredium Museum. Notable sales included Jeff Koons's Hulk (Tubas) for over $3 million at Gagosian and a solo stand sellout for Claire Tabouret at Perrotin.

Frieze New York shows signs of stability in challenging US art market

Frieze New York (7-11 May) opens its 13th edition at The Shed with around 65 galleries, including mega-galleries Gagosian, David Zwirner, Hauser & Wirth, Pace, and White Cube. The fair arrives amid a turbulent art market: global art sales declined 12% in 2024 per Clare McAndrew's Art Market Report, and President Trump's tariff decisions have roiled the stock market. Frieze's owner Endeavor recently sold the fair to a new company founded by former CEO Ari Emanuel. Despite this, US fair director Christine Messineo expresses optimism, citing strong sales at Frieze Los Angeles in February. The Focus section features 12 emerging galleries, seven of which are first-time participants, including King's Leap, Management, Voloshyn Gallery (Kyiv), and Public Gallery (London).

art what to see in new york galleries right now

This week's Critic's Table column highlights three New York gallery and museum shows. Painter Sam McKinniss praises Helene Schjerfbeck's first major U.S. institutional survey, "Seeing Silence: The Paintings of Helene Schjerfbeck," at the Metropolitan Museum of Art, calling the Finnish modernist more fascinating than Edvard Munch. Critic Johanna Fateman argues that Joan Semmel's career-spanning exhibition "In the Flesh" at the Jewish Museum proves her recent icon status is well-deserved and long overdue. Artist Ajay Kurian reviews Marguerite Humeau's mythic ecosystems at White Cube.

The US Pavilion Wants Your Money

The American Arts Conservancy, a new nonprofit with MAGA-aligned leadership, is fundraising for Alma Allen's 2026 US Pavilion at the Venice Biennale through a "Donate" button on its website, having received no institutional financial support. Meanwhile, a sculpture by Pedro Reyes at the newly unveiled LACMA building has sparked controversy for recalling a 2021 commission rejected by Mexico City after Indigenous and feminist protests, and the experimental LA nonprofit The Box has closed after 19 years.

Jean Shin’s Living Memorial to the Trees of Green-Wood Cemetery

Artist Jean Shin unveiled a new site-specific earthwork titled "Offering" (2026) at Brooklyn's Green-Wood Cemetery on April 18. The installation, situated in a meadow facing the cemetery's gates, consists of a long, oval-shaped mound of soil covering two felled oak trees. The work was inspired by traditional Korean tumulus burial mounds and involved a community ritual led by a Korean shaman, with volunteers planting wildflowers and shrubs on the mound.

art venice biennale gallery exhibition guide

Cultured magazine has published a guide to art exhibitions during the Venice Biennale, highlighting several major shows across the city. Featured exhibitions include "If All Time Is Eternally Present" at Palazzo Nervi-Scattolin with works by Tai Shani, Meriem Bennani & Orian Barki, and Kandis Williams; "Michael Armitage: The Promise of Change" at Palazzo Grassi; "Amoako Boafo: It doesn’t have to always make sense" at Palazzo Grimani; "Transforming Energy" by Marina Abramović at Gallerie dell’Accademia; and "Helter Skelter" by Arthur Jafa and Richard Prince at Fondazione Prada. The guide provides details on dates, locations, and curatorial themes for each show.

art collector advice beginner collecting

Cultured magazine asked several seasoned art collectors—Will Bennett, Laurent Asscher, Geoff Snack, Amélie du Chalard, Allison Sarofim, and Pamela Joyner with Fred Giuffrida—to share their most important advice for novice collectors. Their responses range from building relationships with dealers and scouring unexpected sources like eBay and street-side book boxes (Snack) to focusing on an artist's conceptual approach, technical mastery, and aesthetic result (du Chalard). Others emphasize training the eye through constant exposure, buying what you love rather than what is trendy, and developing a focused area of interest to guide acquisitions.

art best most iconic photos of the 21st century

Cultured magazine asked 25 photographers to each select a single image for a time capsule representing the first quarter of the 21st century. The resulting portfolio includes works by Juergen Teller (a Balenciaga ad featuring Putin, Trump, and climate imagery), Sinna Nasseri (a cat amid a California wildfire), Naima Green (a domestic scene mediated by smartphones), Lele Saveri (a critique of property ownership), and Trevor Paglen (a CIA black site in Kabul), among others.

art arne glimcher pace 125 newbury interview

Arne Glimcher, the 87-year-old founder of Pace Gallery, opened a satellite gallery called 125 Newbury in Tribeca in 2021 after his son Marc, Pace's CEO, told him he would have to wait three years for a show slot. The gallery, named after Pace's original Boston address, operates under Pace's umbrella but focuses on experimental, scholarly exhibitions that often feature artists not represented by Pace. Glimcher recently mounted a Kiki Smith show pairing her 1990s paper mannequins with bronze birds, and he continues to take risks, such as funding a pond for Max Hooper Schneider's exhibition. Despite the gallery not being self-sustaining, Glimcher remains committed to supporting original art and connoisseurship.

cady noland artist new gagosian exhibition

Cady Noland, the reclusive American sculptor known for her critical works on the American dream, will open a major exhibition of new work at Gagosian’s 24th Street gallery in Chelsea on September 10, running through October 18. The show marks her first major New York gallery presentation in over two decades and will feature new pieces alongside paintings by the late Steven Parrino. The exhibition follows a gradual return to the art world that began with a small show at Galerie Buchholz in 2021 and a survey at Glenstone in 2024. A new book, *Cady Noland: Polaroids 1986–2024*, will be published concurrently.