art market report 2025 growth high end sales

The global art market returned to growth in 2025, reaching $59.6 billion in sales according to the latest Art Basel and UBS Art Market Report. This 4 percent increase ended a two-year decline, driven primarily by a 9 percent surge in public auction sales and a significant revival in high-value transactions for works priced over $10 million. While the United States maintained its dominant 44 percent market share, the recovery was uneven, with the Impressionist and Old Masters sectors seeing major gains while Postwar and Contemporary art continued to cool.

Hong Kong Art Week 2026: Art Basel Preview

hong kong art week art basel preview

Hong Kong’s art market is signaling a cautious recovery in 2026 as the city prepares for its marquee Art Week. Despite macroeconomic improvements in real estate and equities, the sector is grappling with significant logistical hurdles caused by the US–Israel–Iran War. Shipping costs between Europe and China have surged by 30%, leading to the cancellation of the International Antiques Fair and the withdrawal of high-profile delegations like the Sharjah Art Foundation.

The Big Ideas Driving Art Paris This Year

Art Paris 2026 will take place from April 9–12 at the Grand Palais, featuring two major curated themes: "Babel – Art and Language in France," guest-curated by Loïc Le Gall, and "Reparation," curated by Alexia Fabre. The fair will include roughly 165 galleries, with sectors like Promises for emerging artists, Solo Show for monographic presentations, and French Design Art Edition.

Carla Soirée & Art Auction 2026

The article is a table of contents for the February 2026 issue of the Contemporary Art Review LA, listing its featured articles, interviews, dealer profiles, and exhibition reviews. The content covers a wide range of subjects including olfactory art, tarot art, the Made in L.A. 2025 biennial, video art, and reviews of shows at various Los Angeles galleries and museums like MOCA, the Orange County Museum of Art, and Château Shatto.

every copy spring issue kara walker print unmanned drone sketch

Artist Kara Walker has transformed a decommissioned monument of Confederate General Stonewall Jackson into a new, grotesque sculpture titled "Unmanned Drone" (2023). After curator Hamza Walker secured the bronze statue from Charlottesville, Virginia, the artist reconfigured its parts at a New York foundry to create a 12-foot horse-man hybrid that subverts traditional heroic iconography. The work is currently the centerpiece of the "Monuments" exhibition at the Brick in Los Angeles, co-presented by MOCA LA.

frieze los angeles satellite fairs report

The Felix Art Fair kicked off LA Art Week at the Hollywood Roosevelt Hotel, drawing significant crowds despite logistical hurdles. While long lines for elevators slowed the initial flow of visitors to the upper floors, exhibitors reported steady interest and early sales. New York-based dealers faced particular challenges arriving for the opening due to a major Nor’easter that disrupted flights across the East Coast, forcing many to finalize their booths just hours before the VIP preview.

work of the week maria berrio la cena

María Berrío’s mixed-media masterpiece "La Cena" (2012) is returning to the auction block at Christie’s post-war and contemporary day sale on May 17. The work, which draws inspiration from Da Vinci’s "The Last Supper" and features Berrío’s signature intricate collage style, is being sold by New York collector Dow Kim. Kim acquired the piece just two years ago for $1.56 million, significantly exceeding its initial estimate.

mia westerlund roosen nunu fine art exhibition

Artist Mia Westerlund Roosen is currently presenting a solo exhibition titled "Then and Now" at Nunu Fine Art in New York, on view through February 21. The show spans her work from the 1970s to the present, featuring sculptures and drawings that explore materiality and the human body, including her notable 1981 phallic forms *Heat* and *Conical*.

lincoln townley eclipse art group

British artist Lincoln Townley has launched a new series titled "Success," which explores the psychology of ambition and achievement through gestural, abstract portraits. The collection, available through his partnership with the Prague-based Eclipse Art Group, expands his market into Eastern Europe, following successful sell-out exhibitions at the London Art Fair 2025 and a planned presentation at the Palazzo Bembo during the 2026 Venice Biennale.

ai weiwei royal academy controversy

Artist Ai Weiwei has claimed in a new interview that he faced censorship in the West, citing a specific incident with London's Royal Academy. In late 2023, an exhibition of his new works at the Lisson Gallery was canceled after he posted a controversial tweet about the Israeli-Palestinian conflict. Subsequently, the Royal Academy held a vote on whether to revoke his honorary membership over accusations of antisemitism, which he won. Ai also claims the Academy then declined to publish an article he wrote on free speech for its magazine.

2022 obituaries

the mayor gallery celebrating 100 years

The Mayor Gallery in London is celebrating its centenary with a three-part exhibition series revisiting its history. The second part, 'Celebrating 100 years – Part 2: European Art,' is on view through February 20, 2026, showcasing post-war European artists from movements like ZERO, Arte Povera, and Concrete art, including works by Armando, Lucio Fontana, François Morellet, and Man Ray.

jeffrey deitch miles greenberg apology lexa gates wheel

New York’s Jeffrey Deitch gallery apologized to artist Miles Greenberg after rapper Lexa Gates staged a performance inside a giant wheel at the gallery on January 14 to promote her album. Greenberg noted striking similarities to his own endurance piece Oysterknife, in which he walked on a conveyor belt for nearly a full day, first performed at the Marina Abramović Institute in 2020 and restaged at Jeffrey Deitch in 2021. Gates responded that she had never seen Greenberg’s work, but the gallery later acknowledged an “unauthorized derivative” of Greenberg’s work had taken place without his consent.

warren isensees pulsating abstractions put the act of looking to the test

Warren Isensee's new paintings at Miles McEnery Gallery in Chelsea, New York, explore optical structure with loosened rules, where warm and cool tones trade dominance across repeating frameworks. On view through February 14, 2026, the exhibition is the artist's third solo outing with the gallery and includes a fully illustrated publication with an essay by Stephen Westfall. The works interrupt their own logic, introducing irregular breaks that reroute the eye, creating a test of looking rather than a display of visual effects.

rediscovering luis fernando zapata

Artnet News reports on the rediscovery of Colombian artist Luis Fernando Zapata (1951–1994), whose solo booth at Art Basel Miami Beach features works from 1988 to 1994 that resemble ancient artifacts. The booth, titled “The Immemorial: The Transcendence of Luis Fernando Zapata,” is presented by Bogotá’s Galería Elvira Moreno in the fair’s Survey sector, which highlights historically significant art made before 2000. Zapata’s pieces—including totemic shields, a mud-brown sarcophagus with cuneiform-like glyphs, barques, steles, and his “excavaciones”—are mostly hand-sculpted papier-mâché, evoking ritual and imagined cosmologies. Diagnosed HIV+ in the mid-1980s, Zapata died in 1994, leaving a body of work that has remained largely absent from the queer canon and art-world consciousness until now.

goodman gallery drops artists gabrielle goliath pavilion

Artist Gabrielle Goliath was dropped by her South African representative, Goodman Gallery, before the cancellation of her proposed Venice Biennale pavilion, according to a report by Daily Maverick. Goliath was one of around a dozen artists who exited the gallery between last fall and the present. The gallery clarified that it did not end representation because of her pavilion, citing a structural business review and market contraction. Goliath had been with the gallery for over a decade and will continue to be represented by Galleria Raffaella Cortese. After her representation ended, South African culture minister Gayton McKenzie canceled her pavilion, which was to address killings of women and queer people in South Africa, a genocide in Namibia, and Israel’s war in Gaza. McKenzie denied censorship, claiming interference by an unnamed foreign country, later reported by Ynetnews to be Qatar.

mernet larsen cover painting art in america

Mernet Larsen, whose painting *Getting Measured* (1999) appears on the cover of the Winter 2025 issue of *Art in America*, discusses the work's origin and evolution in an interview from her home in Tampa, Florida. She explains how the painting marked a turning point from abstraction to a representational style inspired by 12th-century Japanese narrative painting and the parallel perspective technique used by architects, while also incorporating elements from her own abstract works and a self-portrait titled *Indecisive Woman*.

este arte 2026 fair uruguay report

The 12th edition of Uruguay's Este Arte fair took place last week in José Ignacio, featuring 14 exhibitors and attracting 5,000 visitors over four days. Notable works included Vanderlei Lopes's aluminum installation resembling a silver leak, Germán Tagle's liquid landscapes paired with altered New York Times front pages, and Diego Bianchi's chimeric sculptures. The fair favored abstraction, with strong sales reported across galleries such as Almeida & Dale, Aninat Galeria, Galerie Jocelyn Wolff, Piero Atchugarry Gallery, and Black Gallery.

laura footes shrine nyc

Laura Footes, a British artist living with chronic illness, opened her solo exhibition “Anamnesis” at Shrine NYC in early December 2024. Her paintings feature translucent, ethereal bodies in hallucinogenic landscapes, exploring themes of entrapment, escape, and the porous, temporal nature of the body. Footes, who has Crohn’s disease, draws on her hospital experiences and was discovered by Tracey Emin in 2022 after Emin saw her work on social media. Emin later mentored Footes at TKE Studios in Margate and curated her solo show “A Healing Dream” at Carl Freedman Gallery in late 2024.

meet 5 artists transforming photography

Soho Beach House in Miami has reoriented its art collection around photography in late 2025, featuring works by established figures like Isaac Julien, JR, Laurie Simmons, Marilyn Minter, and Ming Smith alongside emerging artists such as René Matić, Caroline Allison, and Walead Beshty. The rehang, overseen by chief art director Kate Bryan, spans polaroids, performance-derived imagery, collage, and cameraless prints, with a focus on artists who use photography as a tool for broader inquiry.

drapery contemporary artists

A new exhibition titled “Drop, Cloth,” co-curated by Glenn Adamson and Severin Delfs, explores how contemporary artists have reimagined drapery over the past 50 years. The show features 30 works by 25 artists, spanning two Chelsea galleries—Hollis Taggart (through January 10, 2026) and Susan Inglett Gallery (through January 30, 2026). Works range from Sam Gilliam’s seminal *Little Dude* (circa 1972) to recent pieces by Kennedy Yanko, Jenny Morgan, and Chellis Baird, alongside historical pieces by Nina Yankowitz, Lynda Benglis, and Rosemary Mayer. The exhibition traces a lineage of drapery as both subject and material, including shaped canvas, paint skin, ceramic, metal, embroidery, and weaving.

art words of the year

Artnet News critic Ben Davis presents his annual "art words of the year" for 2025, a curated list of terms that capture prevailing moods and ideas in the art world. The list includes "antimemetics" (from writer Nadia Asparhouva and internet fiction), "cyniserity" (coined by art writer David Colman to describe Anne Imhoff's work), "delightmare" (a horror-adjacent feeling linked to overconsumption and AI art, exemplified by Beeple's Art Basel installation), "elite capture" (from philosopher Olúfẹ́mi O. Táíwò's book, now a tool for critiquing identity politics in art), and "K-shaped" (an economic term describing divergent recovery, applied to gallery closures versus record auction sales).

craft state fairs white house saam renwick smithsonian

The Smithsonian American Art Museum's Renwick Gallery has opened "State Fairs: Growing American Craft," the first exhibition since the Trump administration's August 2025 audit of all Smithsonian exhibitions, didactics, and collections. The audit, based on an executive order to "restore truth and sanity to American history," condemned discussions of racism, sexism, and oppression as revisionist history. The exhibition features over 250 works from across the United States, spanning the 19th century to the present, arguing that regional state and tribal fairs are essential sites for the development of American craft. It includes spectacular pieces like a 12-foot pair of Lucchese boots, a life-size butter sculpture, and works by artists such as Morgan Hill, Kelly Bohnenkamp, Betty Spindler, Linda Nez, Kaye D. Miller, and Peggie Hartwell.

winston branch goodman gallery london

Caribbean British artist Winston Branch is the subject of his inaugural solo exhibition with Goodman Gallery in London, titled “Out of the Calabash.” The show features new and recent works alongside a historical piece, *Blue for Miles* (1982), and follows the announcement of his global representation by Goodman Gallery in partnership with Varvara Roza Galleries. Branch, who first exhibited at the alternative art space Arts Lab led by Jim Hanes nearly six decades ago, creates abstract paintings that explore light and color, often working on canvas placed on the floor.

alex prager los angeles

Alex Prager has created "Mirage Factory," an immersive installation inside a former Miami Beach cinema that pays tribute to her hometown of Los Angeles while critiquing its illusions. The installation features meticulously crafted sets, a new photograph, and a dining experience by chef Dave Beran, alongside a live performance by Diana Ross. It opened with private events for Capital One cardholders and the Cultivist art club, and is now public through December 4, with proceeds benefiting Heal the Bay.

art market minute dec 15

The article reports on the state of the art market at the end of 2025, noting that while it has been a difficult year with three years of contraction, there are signs of improvement. Recent sales in Miami and $2.2 billion in marquee auctions in New York last month have boosted optimism. Factors such as lower interest rates and easing geopolitical tensions are contributing to a slightly rosier outlook for 2026, though the article warns that some sectors will recover while others may not for some time.

design miami 2025 brings out creatures and comfort

Design Miami 2025 preview drew a bustling crowd with over 70 exhibitors under the theme "Make Believe." Highlights included Katie Stout's whimsical carousel featuring marine animals, Roham Shamekh's biomorphic "Roots" sofa with integrated headphones, and ATRA's futuristic "Intelligence of Evolution" seating system upholstered in Hermès fabric. The Spanish silver brand Garrido showcased collaborations with Peter Marino, while the fair's 20th anniversary edition embraced a carnivalesque atmosphere with popcorn and mirrored walls.

these galleries dropped out of art basel miami beach heres what happened next

Several galleries withdrew from Art Basel Miami Beach 2024 amid rising costs and a contracting art market, leaving some like San Francisco's Altman Siegel facing cancellation fees despite closing. Claudia Altman-Siegel, who shut her gallery, owed $22,000 after missing the free-cancellation deadline. Other dealers, including Miguel Abreu, Tilton Gallery, and Sperone Westwater, navigated the fair's strict payment terms for different reasons—some pulling out early to avoid penalties, others proceeding despite business challenges. The fair proceeded with 283 exhibitors and reported strong sales, including an $18.5 million Joan Mitchell painting, signaling a potential market upturn.

parker gallery artnews awards 2025 best gallery group show

Parker Gallery in Los Angeles mounted its final exhibition, “Bowls, Boxes, Plates & Vessels,” at its longtime home in the Los Feliz neighborhood from February 1 to October 19, 2025. The show featured an intergenerational group of artists—including Magdalena Suarez Frimkess, Nancy Shaver, Ruby Neri, Shio Kusaka, Zachary Leener, and Daisy Sheff—who had previously exhibited at the gallery, invited back to explore the theme of the container as form. Works in ceramic ranged from small hand-held bowls to large-scale sculptures, displayed within the domestic space of founder Sam Parker’s home, adding intimacy and resonance.

alex prager mirage factory miami beach

Los Angeles-based artist Alex Prager has opened "Mirage Factory," an immersive installation on Miami Beach's Lincoln Road, taking over the historic Beach Theatre. The project features three constructed set pieces that explore Los Angeles history, including a 1:12 scale model of Hollywood Boulevard with landmarks like Grauman's Chinese Theatre and Musso & Frank's, an orange grove with real trees and fake citrus, and a lush garden party set in Griffith Park. The installation is part of an ongoing collaboration between Capital One and the Cultivist, and includes an immersive dining experience by chef Dave Beran, with a performance by Diana Ross. The public can visit on December 4 and 5, 2025.