Leading Art Gallery Opening in Landmarked Aspen Block Building

M.S. Rau, the 113-year-old New Orleans-based gallery specializing in fine art, antiques, and jewelry, has signed a long-term lease to open a permanent second location in Aspen’s historic Aspen Block Building at 307 S. Galena Street. The new two-level, 2,200-square-foot space is set to debut in January 2026, featuring works by Renoir, Picasso, and Magritte, alongside pieces from luxury houses such as Tiffany & Co., Van Cleef & Arpels, Fabergé, and Cartier. The expansion follows a successful seasonal pop-up in Aspen last year and marks the gallery’s first year-round secondary location since its founding in 1912.

New contemporary art auction to debut in Dubai this May

A new auction platform called Bam Auctions will launch in Dubai this May, with its inaugural sale held on Saturday at Bayt AlMamzar, an independent cultural space in a restored villa. The sale features 21 lots of contemporary art from the UAE and the wider region, including works by Jaber Al Azmeh, Manal Al Dowayan, and Hale Tenger, with estimates ranging from a few hundred to several thousand dollars. Bidding will be in person with remote options via phone, WhatsApp, and absentee bids.

Investor Says Artnet Layoffs Were Necessary for ‘Financial Strength’

Investor and owner Andrew E. Wolff has publicly explained the recent layoffs at Artnet and Artsy as a necessary step for the companies' financial restructuring and future growth. He framed the cuts as part of a broader consolidation strategy, merging the US businesses and organizational structures of the two digital art platforms while keeping their brands separate.

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Pace Gallery, Emmanuel Di Donna, and David Schrader are launching a new joint gallery called Pace Di Donna Schrader Galleries (PDS), dedicated to secondary-market sales. The boutique operation will begin operations in spring 2026, open a formal space on New York's Upper East Side in summer, and host a major historical exhibition in autumn. The venture is a collaborative model rather than a merger, combining Pace's global reach and estate relationships, Di Donna's connoisseurship, and Schrader's expertise in private sales.

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An art world insider publishes an open letter to auction executives, accusing them of encroaching on the primary gallery market by accepting consignments of works by emerging artists and scheduling auctions to coincide with major art fairs. The author argues that auction houses prioritize financial gain over artists' long-term career stability, destabilizing prices and encouraging speculation. They call for auction houses to respect the traditional boundaries between primary and secondary markets, stop glorifying auction prices, and avoid accepting works from recent primary sales.

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Silke Thomas, co-manager of Munich-based Galerie Thomas, has been in custody since mid-December as part of a criminal investigation into the gallery's bankruptcy filing last summer. Munich prosecutors are investigating her and her father, founder Raimund Thomas, on suspicion of delaying insolvency, fraud, and breach of trust, with outstanding debts estimated at over $10 million. Raimund Thomas's whereabouts are unknown, and the gallery's absence from Art Basel in June 2024 hinted at financial trouble before the bankruptcy filing.

Heffel’s autumn sales, including auction of art from collection of Canada’s oldest company, tally $22.1m

Heffel Fine Art Auction House held its marquee autumn sales in Toronto on November 19, featuring four auctions that included works from the collection of the Hudson's Bay Company, North America's oldest company, which declared bankruptcy earlier this year. The marathon series of sales also included a single-owner auction of the late collector Lillian Mayland McKimm's holdings and two multi-owner sales of Canadian, Impressionist, modern, post-war, and contemporary art. Over 16 artists' secondary market records were broken, with total sales reaching C$31 million ($22.1 million). Notable highlights included E.J. Hughes' 'Entrance to Howe Sound' selling for C$4.8 million, more than doubling his previous record, and Winston Churchill's painting 'Marrakech' fetching C$1.5 million.

St. Gregory’s College unveils inaugural art exhibition in Lagos

St. Gregory's College in Lagos, Nigeria, launched its inaugural Gregorian Art Exhibition on April 25, 2026, at Jubilee Hall. Organized by the St. Gregory's College Old Boys Association in honor of legendary artist Bruce Onobrakpeya, the three-day event features established and emerging artists under the theme “Celebrating Legacy, Excellence and Continuity.” Speakers included former association chairman Dr. Michael Omolayole and current president Francis Kudayah, who announced plans for an annual art clinic and a digital platform called the “Gregorian Art Mart.” Onobrakpeya, who could not attend in person, delivered a vote of thanks reflecting on his career and the school's role in his development.

Celebrating ‘stars’ in student art

The Association of Student Artists is hosting its 32nd annual exhibition, titled “Among the Stars,” at Kingsford High School. The event showcases over 600 artworks from students across nine regional school districts, featuring a diverse range of mediums including oil painting, sculpture, digital art, and metal smithing. The program includes a public viewing, an awards ceremony for Merit and Best in Show honors, and portfolio reviews conducted by representatives from several major regional universities.

India Modern Art Boom Spreads Through Spring Auctions

The Indian modern art market has reached a significant milestone as a 19th-century oil painting by Raja Ravi Varma sold for nearly $18 million at auction. The sale of 'Yashoda and Krishna' reportedly involved high-profile Indian tycoons from the pharmaceutical and consumer industries acting as both buyers and sellers, signaling a robust domestic appetite for blue-chip Indian masterpieces.

LAMA: PRESENT TENSE: Ultra-Contemporary & Street Art

Los Angeles Modern Auctions (LAMA) is hosting a specialized sale titled "PRESENT TENSE: Ultra-Contemporary & Street Art" via the Artsy platform. The auction features a curated selection of works from high-profile contemporary and street artists, including Barry McGee, Shag, and RETNA. Bidders are invited to participate through pre-registered max bids or real-time live bidding as the sale concludes on March 17, 2026.

Magic: The Gathering in Miniature III: A $100,000 Artist Proof Exhibition

Curator Donny Caltrider recently concluded "Magic: The Gathering in Miniature III" at Gallery Nucleus in Los Angeles, a specialized exhibition featuring 333 artist proof cards. The show brought together original sketches, inks, and paintings from 111 global artists associated with the iconic trading card game. Marking the third iteration of this series, the event saw record-breaking attendance and a significant commercial reception, with over 70% of the works sold during its two-week run.

Andy Warhol’s ‘Vanishing Animals’ Series Is a Meditation on the Natural World

Artnet Auctions is offering three prints from Andy Warhol's 1986 'Vanishing Animals' series in its Post-War and Contemporary Art sale, alongside a graphite study from his earlier 1983 'Endangered Species' portfolio. The 'Vanishing Animals' series features ten silkscreen prints of endangered species such as the California Condor and Sömmering Gazelle, executed in Warhol's signature style. The sale is open for bidding through November 20, 2025, with estimates ranging from $25,000 to $50,000 per work.

The new art conglomerate: Pace Gallery, Emmanuel Di Donna and David Schrader join forces

Pace Gallery, Emmanuel Di Donna, and David Schrader have announced a joint venture to launch Pace Di Donna Schrader Galleries (PDS), a new entity focused on secondary market sales. The partnership, revealed on the eve of Art Basel Miami Beach, will operate from a new headquarters on Manhattan's Upper East Side, with equal partnership among the three. PDS will leverage Pace's global network of galleries in cities including Los Angeles, London, Geneva, Berlin, Seoul, and Tokyo. Di Donna, founder of Di Donna Galleries and former Sotheby's vice chairman, brings expertise in Surrealist, Modern, and post-war art; Schrader, a former Sotheby's head of private sales, adds auction-house experience. The venture is set to begin operations in early 2025, with Di Donna's team moving to the new space in summer 2026.

Next Gen Art Exhibition open at regional gallery

The 2026 Coast Next Gen Art Exhibition has officially opened at the new Gosford Regional Library, showcasing works by 25 high school graduates from across Australia's Central Coast. Organized by the University of Newcastle, the fourth annual showcase features a diverse range of media from HSC students and awarded several top prizes during its opening night, including the Bouddi Foundation of the Arts Award and an acquisitive prize for the university’s permanent collection.

How the GDR apron became Italian luxury

Wie die DDR-Schürze zum Italo-Luxus wurde

Italian luxury label Miu Miu has released dresses for summer 2026 that resemble 1980s East German kitchen aprons, with prices reaching up to €12,000 for crystal-embroidered versions. The collection debuted on the Paris runway in October, where actress Sandra Hüller opened the show in robust workwear, evoking factory workers from the former GDR. Designer Miuccia Prada, a former member of the Italian Communist Party, drew inspiration from Helga Paris's 1984 photo series "Frauen bei der Arbeit" (Women at Work), which documented female laborers in East Berlin's VEB Treffmodelle textile factory.

We had to make difficult decisions

"Wir mussten schwierige Entscheidungen treffen"

Investor Andrew E. Wolff has stepped down as CEO of Artnet after orchestrating a merger of the company's US operations with Artsy, another major art market platform he recently acquired. Jeffrey Yin, previously the interim head of Artsy, has been appointed as the permanent CEO of the combined entity. The restructuring involves significant layoffs, the closure of Artnet's Berlin office, and a consolidation of management teams, though both brands will continue to operate with distinct editorial voices.

Auctions of the week: ancient paintings, Modern art and the Orient

The global art market is entering a high-intensity period between March 5 and 11, 2026, with a dense schedule of auctions spanning Italy, London, Vienna, and Geneva. Major international houses including Christie’s, Sotheby’s, Phillips, and Bonhams are hosting marquee 20th and 21st-century art sales in London, while Italian houses like Finarte, Pandolfini, and Bertolami focus on Old Master paintings, design, and private estates. Notable single-owner collections, such as the Roger and Josette Vanthournout Collection and the estate of Antonio Crivellaro, are among the week's highlights.

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ArtTactic's Global Art Market Outlook report indicates that the art market is entering 2026 with renewed optimism, with over half of participants expecting growth. Auction sales rose 11% year-on-year in 2025, driven by high-value trophy works and single-owner collections. Confidence is strongest at the top (works over $1 million) and bottom (under $50,000) of the market, while the mid-market remains squeezed. Modern and Post-War art lead the rebound, with painting dominating over NFTs and AI art. Geographically, the Middle East is the most bullish region, boosted by events like Art Basel Qatar, while the US and parts of Asia show improving sentiment, and Europe lags.

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Artnet News editor Kate Brown interviews Marc Spiegler, former global director of Art Basel (2007–2022), to analyze the state of the art market entering 2026. The article reviews a turbulent 2025: galleries closed, buying energy dried up, some fairs shrank, and the secondary market faltered, though the hype-driven speculation of previous years receded. By late 2025, signs of recovery emerged—successful fall auction weeks in New York and a stronger-than-expected Art Basel Miami Beach—and both Christie’s and Sotheby’s reported upticks in projected revenue for the year.

Chiang Hsin-Ching | Of Mountain and Sea II (2017) | For Sale

Taiwanese contemporary artist Chiang Hsin-Ching's 2017 ink-and-color-on-paper work "Of Mountain and Sea II" is being offered for sale by Hiraya Gallery (EU) for €20,000. The 175 × 96 cm piece, stamped by the artist's estate and accompanied by certificates of authenticity, is listed on Artsy with shipping from Taichung, Taiwan. Chiang, born in 1970 in Taichung, is a researcher at the Contemporary Ink Art Research Institute and has exhibited widely, including at the Kyocera Museum of Art in Kyoto, the Venice International Art Exhibition, and ART TAIPEI.

10 local schools to hold first cross-phase art exhibition

Ten schools within the Kesgrave Pyramid Partnership in Suffolk are collaborating for the first time to host a cross-phase art exhibition. Featuring work from approximately 4,000 students ranging from Year 1 to Year 13, the showcase centers on the theme "Fantasy vs Reality" and includes workshops led by local professional artist Jo Garrod-Spall.

Ridgeline High School's 'A Little Glimpse' Art Exhibit to Open Nov. 7 at USU

Ridgeline High School in Millville, Utah, is presenting its seventh annual student art exhibition, "A Little Glimpse," at the Lyndsley Wilkerson Gallery in the Sorenson Legacy Foundation Center for Clinical Excellence on the Utah State University campus. The show, running from November 7, 2025, through January 8, 2026, features advanced student works in ceramics, 2-D media such as watercolor, oil paint, pencil, ink, and pastels, as well as wire sculptures. Students participate in the entire process from creation to installation, with an opening reception for families and the community.

Students’ creativity celebrated at Armstrong art gallery

The Armstrong Spallumcheen Museum and Art Gallery in British Columbia is hosting "School Crossing," an exhibition featuring artwork from students of all ages across the Armstrong and Spallumcheen area. The show runs from April 30 to May 23, 2026, and includes works from Highland Park Elementary, Armstrong Elementary, Len Wood Middle School, Pleasant Valley Secondary, the North Okanagan Junior Academy, and local home-school families. A special reception for students, families, and teachers will be held on May 2.

374 Time auction 19TH CENTURY, MODERN AND CONTEMPORARY ART

Artnet has announced the upcoming '374 Time' auction, a comprehensive sale featuring works across the 19th-century, Modern, and Contemporary art sectors. Scheduled to run from February 24 through April 10, 2026, the event aims to showcase a broad chronological range of artistic production for global collectors.

Explore the Talent of Berks County’s Young Artists at Secondary Art Exhibition

The Berks County Intermediate Unit is hosting its annual Secondary Art Exhibition, showcasing the work of student artists from middle and high schools across the county. The exhibition features a diverse range of media, including painting, drawing, sculpture, and digital art, highlighting the creative output of the region's youth.

IU Kokomo Art Gallery features high school exhibition

The Indiana University Kokomo Art Gallery is hosting its 28th Annual High School Art Exhibition, featuring creative works by 65 juniors and seniors from regional high schools. The exhibition showcases a diverse range of media, including ceramics, photography, and painting, with top honors recently awarded to students Brenda Macias-Pacheco, Eli Gahl, and Avanley Robertson.

Explore talented high school artwork at Marketview Arts through March 21

York College of Pennsylvania is hosting its annual York Community Art Scholars Exhibition at Marketview Arts, featuring works by local high school students. The participants were selected by faculty from the college’s fine arts and graphic design departments following an initial display during a downtown art walk.

Young artists shine at the Pocatello Art Center’s annual High School Art Exhibit

The Pocatello Art Center has launched its Annual High School Art Exhibition, showcasing works from students across eight local high schools. Supported by a grant from the Spaulding Foundation, the showcase features a diverse range of media including painting, digital art, and sculpture, with a public awards ceremony scheduled for March 19.

Inside Contemporary Art’s $60M Week

The contemporary art market just concluded a high-stakes week of auctions in New York, totaling approximately $60 million in sales across various houses. While the figures indicate a stabilized market compared to the post-pandemic boom, the results were characterized by cautious bidding and a reliance on guaranteed lots to ensure success.