Art trade stays buoyant amid global turmoil

Major London auction houses Sotheby's and Christie's posted strong results in early March, with their Modern and contemporary art evening sales raising £131m and £197m respectively. These figures represented significant increases over the previous year, with high sell-through rates, despite concurrent geopolitical turmoil in the Middle East. Key lots included Francis Bacon's 'Self Portrait' selling for £16m and Henry Moore's 'King and Queen' achieving a record £26.3m.

How Pharrell’s Joopiter Is Redefining What an Auction House Can Be

Pharrell Williams launched his own auction platform, Joopiter, after finding traditional auction houses ill-suited to sell his collection of fashion, jewelry, and timepieces. The platform has rapidly expanded from single-owner sales into a multi-category auction house, handling luxury goods, sports memorabilia, pop culture artifacts, and contemporary art, with a recent headline lot being a $5 million Triceratops skeleton named Trey.

sothebys spring modern contemporary evening sale london result

Sotheby’s London achieved a rare "white-glove" result during its spring modern and contemporary evening sale, with every lot finding a buyer. The auction totaled £131 million ($175 million), representing a 110 percent increase over the previous year's equivalent sale. High-profile successes included a record-breaking £5.2 million sale for Leon Kossoff’s "Children’s Swimming Pool" and strong performances for works by Andy Warhol and Josef Albers, largely driven by prestigious consignments like the Lewis Collection.

how artverse helps galleries and advisors navigate todays art world

ArtVerse Advisory, a London-based B2B firm, has launched a suite of services designed to help galleries and art advisors overcome capital constraints and inventory limitations. Founded by CEO Amit Mehra, the company provides professional intermediaries with access to a curated selection of primary and secondary market works—ranging from blue-chip artists like Andy Warhol to rising stars like Raghav Babbar—through flexible deal structures such as consignments and personalized payment plans.

works by auerbach chadwick and hepworth to spearhead christies modern british and irish art sale in london

Christie’s London has announced its Modern British and Irish Art sale scheduled for March 18, featuring a curated selection of 26 works. The auction is led by Frank Auerbach’s "Christmas Tree at Mornington Crescent," estimated at up to £2 million, alongside significant sculptures by Lynn Chadwick and Barbara Hepworth. Other notable entries include a monumental bronze by Chadwick titled "Back to Venice" and a 1986 painting by Bridget Riley.

Gerhard Richter Supports New Admission Fee for Cologne Cathedral

gerhard richter cologne cathedral admission fee

Cologne Cathedral, Germany’s most-visited landmark and a UNESCO World Heritage site, has announced it will begin charging tourists an admission fee starting this fall. The decision comes as the institution faces rising operating costs and depleted financial reserves following the pandemic, despite its recent surge in popularity on platforms like TikTok.

Gerhard Richter Church Windows

gerhard richter church windows

Gerhard Richter has been commissioned to design three stained-glass windows for Tholey Abbey in Saarland, Germany's oldest monastery church. The 87-year-old artist's designs will be unveiled in September, with the final installation expected by summer 2020 as part of the abbey's broader restoration. The project is being funded by a private investor and includes a collaboration with Richter’s longtime creative partner, the Estonian composer Arvo Pärt.

450 million newhouse trove heads to christies led by 100 million pollock

Christie’s has secured a prestigious collection of 35 to 40 artworks from the estate of the late media mogul S.I. Newhouse, valued at approximately $450 million. Scheduled for the May auction season, the selection is headlined by Jackson Pollock’s drip painting 'Number 7' (1948) and Constantin Brancusi’s bronze sculpture 'Danaïde' (1913), both estimated at around $100 million. The consignment marks the fourth time Christie’s has handled material from the Newhouse estate, which has previously set records for artists like Jeff Koons.

christies london sales 2026

Christie’s London achieved a robust £197.5 million ($263.8 million) across three evening sales, marking a significant 52 percent increase over the previous year. The marathon auction event included the 20th/21st Century sale, the Art of the Surreal sale, and a dedicated session for the Roger and Josette Vanthournout collection. Highlighting the evening was a record-breaking £26 million sale for Henry Moore’s sculpture "King and Queen," alongside strong performances for works by Dorothea Tanning and Toyen.

giancarlo politi founder flash art magazine died at 89

Giancarlo Politi, the influential founder and publisher of Flash Art magazine, has died at the age of 89. Established in Rome in 1967, Flash Art became a cornerstone of international art criticism, famously documenting the rise of the Arte Povera movement and providing an early platform for iconic artists like Marina Abramović, Maurizio Cattelan, and Jeff Koons. Politi, alongside his wife Helena Kontova, transformed the publication into a global network that bridged European and American art scenes, effectively serving as a "hands-on school" for generations of critics and curators.

four major works by bacon freud and kossoff from lewis collection to hit auction block at sothebys london in march

Sotheby's London will auction four major works from the Lewis Collection in its March 4 Modern and Contemporary evening sale. The highlights include a 1972 self-portrait by Francis Bacon, two portraits by Lucian Freud, and a rare swimming pool scene by Leon Kossoff, all representing the School of London movement.

jeff koons stella mccartney capsule 2026

Jeff Koons and Stella McCartney have launched a limited-edition capsule collection for Spring 2026. The collection features ready-to-wear items like hoodies, t-shirts, tote bags, and keychains, adorned with prints of Koons's artworks such as "Untitled (Girl with Dolphin and Monkey)" (2006) and sculptures from his "Made in Heaven" series, paired with McCartney's playful slogans like "Slippery When Wet" and "Doggy Style." The release also includes a reimagined pendant based on Koons's iconic "Rabbit" (1986) sculpture.

philip tinari leaves ucca beijing hong kong tai kwun

Philip Tinari is leaving his role as director and CEO of UCCA Center for Contemporary Art in Beijing after 14 years to become deputy director and head of art at Tai Kwun Culture & Arts in Hong Kong, starting February 23. He succeeds curator Pi Li, whose contract expires in February. Tinari oversaw UCCA's transition to a nonprofit museum in 2018 and its expansion with three new venues, including UCCA Dune, UCCA Edge, and UCCA Clay, while organizing major exhibitions of artists such as Henri Matisse, Pablo Picasso, Andy Warhol, Cao Fei, and Anicka Yi.

art fairs luxury collaborations 2025 market

In 2025, art fairs and auction houses have deepened their integration with luxury brands, with Sotheby's and Christie's reporting that luxury items like handbags, jewels, and watches now account for a significant share of revenue—roughly a third at Sotheby's, with private luxury sales surging 350% year-on-year. Art fairs such as Frieze London and Art Basel's global editions have moved beyond traditional sponsorship, embedding luxury partners like Tiffany & Co., Ray-Ban, Stone Island, and De Beers into curated sections, mentorship programs, and immersive installations. Industry figures like Marc Spiegler and Emily Glazebrook emphasize that the most successful collaborations prioritize artists over brands, with initiatives like UBS's Unlimited sector and the Chanel Culture Fund serving as models.

protests new york new school cuts staffing programs

New York's The New School is offering voluntary retirement and severance programs to a large group of faculty and staff as part of a radical restructuring to address a $48 million deficit. The American Association of University Professors (AAUP) reported that 40 percent of full-time faculty, about 169 staffers, received the offers, calling it the largest attempted firing of faculty currently taking place in the nation. The school is also eliminating over thirty programs, primarily in social sciences and humanities, and plans to combine several schools into a two-college structure, including Parsons School of Design. The school faces declining enrollment and has been warned by the Department of Education over campus protests related to the Israel-Hamas conflict.

christies hauls in 690 million at robust 20th century art sale led by 62 million rothko

Christie’s kicked off the fall auction season in New York with a two-part 20th-century art sale that brought in approximately $690 million, led by Mark Rothko’s *No. 31 Yellow Stripe (1958)*, which sold for $62.2 million. The evening featured 18 works from the collection of Robert F. and Patricia G. Ross Weis, totaling $218 million, followed by a 61-lot main sale that realized $471.7 million. Other top lots included Claude Monet’s *Nymphéas (1907)* at $45.4 million and a new auction record for Beauford Delaney’s *The Sage Black (1967)* at $1.5 million.

justin sun maurizio cattelan banana trump memecoin

Crypto billionaire Justin Sun announced on X that he is purchasing $100 million worth of President Donald Trump's memecoin, $TRUMP, which will soon be tradeable on the TRON blockchain. This follows Sun's previous high-profile art world moves, including buying Maurizio Cattelan's duct-taped banana artwork "Comedian" at Sotheby's for $6.2 million and later eating it, as well as a legal dispute with collector David Geffen over a stolen Alberto Giacometti sculpture. Sun also attended a White House dinner for leading $TRUMP buyers in May, which spurred $148 million in coin purchases.

christies four paris art week 2025 auctions

Christie's and Sotheby's both posted strong results during Paris Art Week 2025, with Christie's four auctions totaling $107.4 million—a 16% increase year-over-year—and Sotheby's two sales reaching €89.7 million ($104 million), a 50% rise from the previous year. The top lot at Christie's was Yves Klein's monumental painting *California (IKB 71)*, which sold for €18.4 million ($21.4 million), setting a record for the artist in France. Other artists including Max Ernst, Paul Signac, Lee Ufan, and Berthe Morisot also achieved new auction records in France during the week.

christies kawamura memorial dic museum art monet renoir

Christie’s has been consigned to sell works from the collection of the Kawamura Memorial DIC Museum of Art, including pieces by Claude Monet, Pierre-Auguste Renoir, Marc Chagall, Henri Matisse, and Henry Moore, as part of its fall marquee auctions. A top highlight is Monet’s oil painting *Nymphéas* (1907) with a low estimate of $40 million. The museum, located in Sakura, Japan, and owned by the DIC Corporation, decided last December to downsize and relocate, selling 75 percent of its 384 artworks valued at $77.5 million. The sale includes eight works in Christie’s 20th Century Evening Sale in November, with additional pieces in day sales for Impressionist and Modern Art as well as Post-War and Contemporary Art.

banksy piranhas london museum

A Banksy mural featuring a fish tank full of piranhas, installed overnight on a police sentry box in London's financial district in August 2024, has been acquired by the London Museum. The work was one of nine animal-themed pieces the artist created across the capital over nine consecutive days. After being removed by the City of London Corporation, the booth was displayed at Guildhall Yard and then placed in storage; it will go on permanent view in 2026 at the London Museum's new Smithfield location, part of a $280 million relocation project.

From The Drama to Malcolm in the Middle: your complete entertainment guide to the week ahead

The article is a weekly entertainment guide covering cinema, gigs, art, stage, streaming, games, albums, and other cultural events. In the art section, it highlights two major exhibitions in London and its surroundings: a solo show of new paintings by British artist Cecily Brown at the Serpentine Gallery, created in response to Kensington Gardens, and a display of Henry Moore's iconic Shelter Drawings at his studio in Perry Green, focusing on his depictions of Londoners during the Blitz.

where to go what to expect amid us government shutdown 2025

The United States government shutdown, which began on October 1 after Congress failed to reach a funding agreement, has forced the closure of numerous federally operated museums, historic sites, and national parks. While some outdoor monuments and parks remain accessible, many are understaffed and operating with limited services. In Washington, D.C., sites like the Library of Congress, National Archives Museum, and Washington Monument are closed, while Smithsonian-run institutions remain open only through October 11 using prior funds. In New York, the Statue of Liberty and Ellis Island remain open, but the lack of uniformity across agencies has created confusion for visitors.

Beyoncé, Nicole Kidman and Venus Williams will co-chair 2026 Met Gala

The Metropolitan Museum of Art's Costume Institute has announced the co-chairs for the 2026 Met Gala, scheduled for May 4, 2026. Pop superstar Beyoncé, actor Nicole Kidman, tennis legend Venus Williams, and Vogue editor-in-chief Anna Wintour will serve as co-chairs of the annual benefit. The host committee includes fashion designer Anthony Vaccarello, actor Zoë Kravitz, and a roster of celebrities and artists such as Sabrina Carpenter, Doja Cat, and artist Anna Weyant. The gala will support the Costume Institute's exhibition "Costume Art" (May 10, 2026–January 10, 2027), which will inaugurate the new Condé M. Nast Galleries. The exhibition pairs 200 artworks from the Met's collection with 200 garments, exploring the relationship between the dressed body and Western art. Lauren Sánchez Bezos and Jeff Bezos are sponsoring the event.

Art Gallery of Ontario gets gift of more than 450 works

The Art Gallery of Ontario (AGO) in Toronto has received a major gift of 474 artworks from the late collectors Carol and Morton Rapp, including prints, photographs, sculptures, and artist books by 203 artists. Highlights include 13 screenprints by Andy Warhol, eight works by Robert Rauschenberg, nine by Jasper Johns, and pieces by Roy Lichtenstein, Barnett Newman, Claes Oldenburg, Lee Bontecou, and David Hockney, as well as contemporary works by Kara Walker, William Kentridge, Yinka Shonibare, and Rachel Whiteread. The Rapps, who began collecting in the 1960s, had a long relationship with the AGO dating back to 1966.

Peter Doig and Marina Abramović celebrated at star-studded Praemium Imperiale ceremony

Peter Doig and Marina Abramović were honored at the Praemium Imperiale Awards ceremony in Tokyo, hosted by the Japan Arts Association at the Meiji Kinenkan hall. Princess Hitachi presented the laureates with gold medals; other winners included Eduardo Souto de Moura (architecture), András Schiff (music), and Anne Teresa De Keersmaeker (theatre/film). Each received 15 million yen. Attendees included international advisors Hillary Rodham Clinton, Lord Patten, and Lamberto Dini, as well as past laureates Hiroshi Sugimoto and Lee Ufan. Clinton spoke about art's unifying power, while Dini warned of declining arts education worldwide.

Frieze Breakout Stars in the 2026 Whitney Biennial

The 2026 Whitney Biennial features a notable contingent of artists who first gained significant attention through their presentations at Frieze art fairs. Artists like Precious Okoyomon and Jordan Strafer, whose work was showcased at Frieze events, are now included in this prestigious survey of contemporary American art.

Riyadh Art Extends Its Citywide Permanent Collection

Riyadh Art, a public art initiative led by the Royal Commission for Riyadh City, is expanding its Permanent Collection with 115 new installations planned through 2026 and beyond, adding to the 75 works already installed across the Saudi capital. The collection includes works by international artists such as Alexander Calder, Anish Kapoor, Jeff Koons, Giuseppe Penone, and Ugo Rondinone, alongside Saudi practitioners like Zaman Jassim and Mohammed Al Saleem, with recent additions including Calder's 'Janey Waney' and Nobuo Sekine's 'Phase of Nothingness'.

Angus, Thongs and Imperfect Staging

The art collective MSCHF saved a cow named Angus from slaughter after a two-year project called 'Our Cow Angus'. The project allowed fans to preorder burgers or a leather bag made from Angus, but also provided a 'Remorse Token' to cancel orders. If 50% of tokens were used by the deadline, Angus would be spared and sent to a sanctuary. With ten hours remaining, the threshold was met, and the cow's life was saved.

Spring 2026 to Feature New Documentaries, Screenings, Artist Talks, and a New Episode of Art in the Twenty-First Century

Art21 has announced its spring 2026 programming lineup, which includes new documentary premieres, film screenings, artist talks, and the second episode of the 12th season of its flagship series 'Art in the Twenty-First Century.' The season features artists such as Tomás Saraceno, Njideka Akunyili Crosby, Camille Henrot, and Ragnar Kjartansson, and coincides with the series' 25th anniversary.

Screening and Conversation with Sophie Calle

Art21 hosted an advance screening of Sophie Calle's segment from the upcoming Season 12 of "Art in the Twenty-First Century" at the SAG-AFTRA Robin Williams Center in New York. Following the first public showing of the documentary, which follows Calle preparing exhibitions in Paris, Arles, and Minneapolis, the artist participated in a conversation with filmmaker Bette Gordon. They discussed the influence of 1980s New York and themes of identity and vulnerability in her work.