How Third-Party Guarantees Are Quietly (But Significantly) Rewriting the Rules of the Art Auction

The article reports that the New York Spring Marquee auctions in May 2025 generated $1.27 billion, an 8% decline from $1.38 billion in May 2024, followed by a 26% drop in London June auctions to £98 million. In response to this volatile market, auction houses like Christie’s and Sotheby’s are increasingly relying on third-party guarantees (or irrevocable bids), where a buyer agrees in advance to purchase a lot at a set price if no higher bid emerges. Data from Pi-eX Ltd shows that third-party guarantee coverage surged from near zero in 2021 to a record 73% in May 2025, with the Leonard & Louise Riggio collection being 99% backed by such guarantees.

Animated Bodies

Animierte Körper

Latefa Wiersch presents her exhibition "Atlas Studios" at the Istituto Svizzero in Rome, featuring unsettling, puppet-like sculptures that resemble film sets. The works explore themes of bodily helplessness, imperfection, and geopolitical displacement, drawing on her earlier project "Hannibal" at the Dortmunder Kunstverein, which addressed post-migrant German realities and the demolition of a housing complex. The new installation references the Atlas Studios in Ouarzazate, Morocco, and the history of cinema, with figures made from rags and nylon stockings that appear as actors or set workers.

In Tuscany a new festival brings contemporary art to agricultural estates with exhibitions and artist residencies

In Toscana una nuova rassegna porta l’arte contemporanea nelle aziende agricole con mostre e residenze d’artista

The first edition of CARMI.CO 2026 – Carmignano Contemporanea will take place from May 15 to 24, 2026, in the Carmignano area near Prato, Tuscany. The festival features five exhibitions and five artist residencies hosted by local wineries and agricultural estates, alongside talks, workshops, and studio visits. Exhibitions are staged at venues including the Rocca di Carmignano, Museo Archeologico di Artimino, and Museo delle Maioliche di Bacchereto, with works by artists such as Marco Bagnoli, Qiu Yi, Gola Hundun, Rachel Morellet, Fargo, Marco Ulivieri, Serena Fineschi, and others. Residencies take place at Tenuta di Capezzana, Colline San Biagio, Tenuta Le Furre, Tenuta di Artimino, and Fattoria Il Grumolo, involving artists Max Magaldi, Ronaldo Fiesoli, Vittorio Cavallini, Graziano Riccelli, and Gola Hundun.

Interview with Nina Wakeford of the Swiss Pavilion at the 2026 Venice Biennale

Intervista a Nina Wakeford del Padiglione Svizzero alla Biennale di Venezia 2026

Nina Wakeford, artist and curator of the Swiss Pavilion at the 2026 Venice Biennale, discusses the pavilion's project "The Unfinished Business of Living Together." The exhibition draws on two Swiss television broadcasts from 1978 and 1984—Telearena and Agora—in which gay, lesbian, and trans individuals spoke on national television. Rather than treating these as historical artifacts, Wakeford and her team (Gianmaria Andreetta, Luca Beeler, Miriam Laura Leonardi, Lithic Alliance, and Yul Tomatala) reactivate them as points of tension, creating a multimedia environment that explores unresolved issues of coexistence, visibility, and social difference.

Latefa Wiersch “Atlas Studios“ at Istituto Svizzero, Rome

Istituto Svizzero in Rome presents "Atlas Studios," the first solo exhibition in Italy by Swiss-based artist Latefa Wiersch. The show is specifically designed for the spaces of Villa Maraini and evokes the famous Atlas Studios film sets located on the edge of the Moroccan desert, which have been used by international film productions.

We're transforming an empty Sunderland shop into an art gallery to celebrate city's creativity

A collective of artists in Sunderland, England, is transforming the former Sweet Home Alabama shop on Fawcett Street into a new art gallery called Twenty-Four North East (24NE). Led by Sunderland artist Ken Devine, along with Graham Bowes, Darren Timby, and others, the group has leased the unit and is renovating it with donated paint from Albert's Place. The gallery will operate as a permanent independent retail fine art gallery, funded and run by the artists themselves, selling original artworks with zero commission. It is set to open on November 20 with a winter exhibition and will be open Wednesdays to Saturdays for shows, classes, workshops, and art sales.

Artfully Aired: Balloon Art Exhibition Opens in Dallas in November

The Balloon Museum, founded in Rome in 2021, will open its exhibition "Let's Fly—Art Has No Limits" at Dallas' South Side Studios on November 22, running through April 26. The multisensory show spans over 65,000 square feet and features large-scale inflatable and air-based installations by 18 international artists, including Sasha Frolova, Lucas Zanotto, Camilla Falsini, and Ouchhh. Created by Italy-based Lux Entertainment, the exhibition explores themes of flight, freedom, and lightness through works like Michael Shaw's 44-meter "Lava Lamp" and Christopher Schardt's 26-foot butterfly sculpture with 39,000 LEDs.

“Those Who Tell You What to Wear Today Will Tell You What to Think Tomorrow”: Revisiting International Women’s Day 1979 in Iran

The article revisits the six-day nationwide women's protests in Iran that began on International Women's Day, March 8, 1979. Thousands of women marched in Tehran and other major cities in response to Ayatollah Ruhollah Khomeini's declaration mandating the hijab in public ministries, marking the first mass organized resistance against the compulsory hijab and the rising Islamic Republic.

These Toronto laundromats are putting a new spin on the art gallery scene

Emerging artists in Toronto are turning to unconventional venues like Dirty Laundry and She Said Gallery to bypass the city's high-barrier commercial art scene. These functioning laundromats operate as professional gallery spaces with exhibition schedules and opening receptions, allowing artists to host solo shows for minimal fees and zero commission on sales.

New gallery Forever Changes in downtown Akron brings inclusive approach for local artists

Art x Love, a creative agency owned by Allyse and Mac Love, has opened a new gallery called Forever Changes in downtown Akron, Ohio. The gallery offers local artists of all skill levels the opportunity to display and sell their work through both free and paid display options, with a community open house scheduled for July 11. The space at 35 S. Main St. features over 200 artworks by 22 local artists, including both newcomers like Boo Koch and Day Watajii, and established artists such as Karen Koch, Julienne Hogarth, and David Lile. The gallery operates on a non-curatorial model, accepting nearly all submissions suitable for public display, and aims to provide a zero-risk platform for artists who have never shown their work before.

Design and Motorcycle Collector Opens a Museum Dedicated to the Piaggio Vespa in Milan: Unique 80-Year-Old Specimens

Collezionista di design e moto ha aperto un museo dedicato alla Vespa Piaggio a Milano: esemplari unici di 80 anni fa

Former Ikea executive Stefano Biffi has transformed a 700-square-meter former tire workshop in Milan into "My Vintage," a private museum and event space housing one of the world's most significant collections of Piaggio Vespa scooters. The venue features rare specimens from the 1940s, 50s, and 60s, including original 1946 models displayed without kickstands to reflect the muddy road conditions of post-war Italy. The space is designed to be a sustainable cultural hub, offering guided tours alongside rentals for events, film shoots, and ceremonies.

the other art fair brooklyn edition

The Other Art Fair returned for its 15th edition at ZeroSpace in Brooklyn, featuring 125 New York-based artists. Presented by Saatchi Art, the fair emphasized transparency with openly displayed prices and encouraged direct conversation between artists and attendees. Alongside traditional booths, the event included interactive elements such as hidden stamp stations, a self-portrait studio by guest artist Anna Marie Tendler, a whisky tasting counter, and workshops, creating a lively, block-party atmosphere rather than a conventional art fair.

Zero Degrees Art Gallery celebrates long-time artist’s retirement

Zero Degrees Art Gallery in Marquette, Michigan, is hosting a retirement celebration and reception for long-time resident artist Bill Hamilton. Hamilton, who has been a fixture at the gallery since 2021 and previously showcased work at the Michigamme Moonshine Gallery, will have his art featured in a final exhibition throughout April and May.

Materia Studio opens in Tulsa with immersive glowing flower exhibit

Artist Tyler Thrasher is opening Materia, a new studio and shop in Tulsa, Oklahoma, on October 25. The launch event at 2421 East Admiral Blvd will feature a blackout environment with UV floodlights and over 4,000 glowing flowers, along with local vendors, food, and a chance for attendees to create their own glowing flower. The space includes Thrasher's lab for crystallizing insects and will host workshops and interactive experiences. Thrasher, who draws inspiration from his landscaping upbringing, uses phosphorescent mineral powders to create preserved, glowing plants sourced sustainably from florists and invasive species removal.

Popular Bottle Alley Art Market to return bigger than ever before

The Bottle Alley Art Market (BAAM) returns for its third year on August 23, transforming the 480-meter seafront walkway between Hastings and St Leonards into the UK's longest beachside art market. Featuring 70 artists from local talents to national figures, the free event includes live portrait sessions by Xinchu Zhang, performances by Jude Montague and Caroline Gregory, DJ sets from Simon and the Pope, and a fabric installation by Mew Welch, David Harris, and Zeroh. Organised by Zeroh, Daniel Hardiker, and Neil Hetherington, the market runs from 10am to 6pm on the bank holiday weekend.

New gallery in Garnethill to celebrate Glasgow's street art and graffiti scene

A new gallery called Grateful Gallery is opening at 50 Hill Street in Glasgow's Garnethill neighborhood, founded by artists Ciaran Globel and Panda McGlone. The public opening is set for Friday, June 6, 2025. The duo, who have been friends since 2006, aim to create a welcoming space dedicated to Glasgow's street art and graffiti scene. The gallery will sell affordable prints, merchandise, and artwork from local street artists, with a rotating monthly floor show; the inaugural exhibition, titled "Friends," runs from June 6 to July 3. The space has been renovated with community help, and a crowdfunder raised nearly £12,000 from over 300 supporters.

How can art fairs become greener?

Art fairs face significant sustainability challenges due to their temporary nature. Untitled Art in Miami Beach, held in a tent on the beach, works with environmental departments to ensure zero impact, reusing its tent annually. Fairs in permanent venues like Art Basel Miami Beach at the LEED Silver-rated convention center must manage temporary walls, energy use, and waste. Exhibitors struggle with high carbon emissions—art fair activities account for a third of a gallery's annual emissions—and waste from packing materials. Shipping constraints often force reliance on air freight over slower, greener options like ocean or rail, especially for last-minute, high-value consignments. The competitive, secretive atmosphere further hinders consolidated shipments and sustainable practices.

Salford Uni’s Energy House 2.0 appoints new Iranian-born artist in residence

Iranian-born artist Omid Asadi has been appointed as the new artist-in-residence at the University of Salford’s Energy House 2.0 research facility. Running from Spring 2026 through the end of the year, the residency will see Asadi collaborate with researchers at the world-leading climate laboratory, which features two massive chambers capable of simulating extreme global weather conditions. The artist plans to create new installations and sculptures in response to the facility's pioneering retrofit research, specifically focusing on a recreated 1930s-era house.

New bar and restaurant with art gallery to open in Glasgow's Finnieston

Glasgow City Council has approved plans for 'Wildhorse,' a new multi-use venue at 1095 Argyle Street in the Finnieston neighborhood. Spearheaded by Graham Suttle of the hospitality group No Gods No Masters, the space will integrate a cafe, bar, and restaurant with a dedicated on-site art gallery and private dining areas. The project emphasizes sustainability through zero-waste food policies and draught-only wine service to reduce glass packaging.