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princedale modern edward warburton 2661083

London-based art advisory Princedale Modern, founded by Edward Warburton in 2022, has marked its second anniversary amid significant shifts in the global art market. Warburton discusses the firm's growth, including scaling alongside the U.K. art market's rise to 18% of global share, and highlights attendance at major art fairs in Basel, New York, Miami, and Paris. He notes that while auction house sales at Christie's, Sotheby's, and Phillips have dropped nearly one-third and the overall market contracted by 12%, private sales have risen 14% and online sales remain strong at 17%.

one takeaway from art basel it remains a buyers market 2659059

Art Basel 2025 saw cautious buying despite optimistic statements from major dealers like Pace's Marc Glimcher, who claimed sales velocity was as vigorous as any year. However, collector attendance was thin, with American attendance down for the second year running due to trade tensions and geopolitical concerns. Deals were closing at 20 to 30 percent below asking prices, confirming a buyer's market. Sales ranged from a $245 collectible Labubu figurine by Kasing Lung to works by Wei Libo, Joyce Joumaa, Lonnie Holley, Joan Jonas, Hao Ling, Sarah Lucas, and Rosemarie Trockel, with most activity under $1 million.

art market minute jul 21 2669263

Emily Kam Kngwarray, the prolific Aboriginal artist who began painting in her 70s, is receiving belated international recognition nearly two decades after her death. A landmark survey of her work is currently on view at Tate Modern in London, while major galleries and auction houses are selling her pieces for record prices. The article, part of Artnet News's 'Art Market Minute' series, examines which of Kngwarray's works fetch the highest prices and where market growth potential remains.

paint drippings art industry news jun 16 2657309

This week's art industry roundup covers major developments across art fairs, auction houses, and galleries. Ahead of Art Basel in Basel, Artnet's Editor-in-Chief Naomi Rea investigates how the trade lost control of the pricing narrative amid a market breakdown. The Armory Show announces its 2025 edition with over 230 galleries and new curated sections, while Frieze will open a gallery space in Seoul. Sotheby's London will auction Pauline Karpidas's collection estimated at over $81 million, and a rare Rodin marble sold for $1.2 million. Caroline Lang steps down as chair of Sotheby's in Switzerland after four decades. Gallerist Kamel Mennour donates 180 works to Paris's Musée d'Art Moderne, and Marian Goodman Gallery now represents the estate of Ana Mendieta.

art world acronyms 1234764800

The article provides a comprehensive guide to essential acronyms used in the art world, explaining what each abbreviation stands for and its significance. It covers organizations like AAM (American Alliance of Museums), AAMD (Association of Art Museum Directors), and ADAA (Art Dealers Association of America), as well as art fairs such as ABMB (Art Basel Miami Beach) and ARCO (Arte Contemporáneo in Madrid). It also includes advisories like AIG (Art Intelligence Global), historical galleries like AIR (Artists in Residence), and defunct fairs like FIAC (Foire Internationale d'Art Contemporain), offering context on their origins and current relevance.

price check art basel basel 2025 2660511

Art Basel in Basel has concluded, with galleries reporting hundreds of sales despite low expectations set by lackluster New York auction results. Dealers shared prices ranging from $1 million to $17 million, with top sales including David Hockney's *Mid November Tunnel* (2006) at Annely Juda Fine Art ($13M–$17M), a Ruth Asawa sculpture at David Zwirner ($9.5M), and a Gerhard Richter painting at David Zwirner ($6.8M). Other notable transactions include works by Keith Haring, Mark Bradford, Georg Baselitz, and George Condo, though many galleries provided only price ranges and withheld exact titles or mediums.

art florence bonnefous air de paris

Florence Bonnefous, co-founder of Air de Paris gallery, is profiled in a feature that traces the gallery's 35-year history from its founding in Nice with poet Edouard Merino to its current industrial space in Romainville, a northern Paris suburb. The gallery, named after Marcel Duchamp's readymade, launched with a legendary 1990 exhibition featuring Philippe Parreno, Pierre Joseph, and Philippe Perrin, and has since become known for championing underground conceptual and challenging art. Bonnefous is described as a preeminent gallerist-curator who prioritizes artistic integrity over profit, representing estates of avant-garde female artists like Sturtevant and Dorothy Iannone, and maintaining close bonds with artists such as Liam Gillick and Flint Jamison. The gallery is exhibiting at Art Basel Paris but recently withdrew from Art Basel in Basel over a booth placement dispute.

for asias art market 2025 has been about rapid fire change 2662988

Art Basel has concluded and the London sales have wrapped, marking a busy first half of 2025 for Asian art markets despite economic uncertainties and geopolitical challenges. New players and trends have emerged: international auction houses aligned their Hong Kong sales with Art Basel Hong Kong for the first time, South Asian art has had a banner year at auction and in institutions, and West Asia is rising with Sotheby's inaugural sale in Saudi Arabia and Art Basel's planned Qatar fair. Asian galleries are expanding into Western capitals, while Western galleries are picking up Asian talent, such as Korean artist Anna Park joining Lehmann Maupin and Rim Park partnering with Kraupa-Tuskany Zeidler. Japanese artist Yu Nishimura had his first U.S. solo show at David Zwirner, and the Labubu plush toy by Kasing Lung became a pop culture sensation.

big questions art basel 2656782

Art Basel, the flagship art fair, returns to Basel, Switzerland from June 17 to 22 amid a period of market contraction and geopolitical instability. The article explores key questions surrounding the fair, including whether the proliferation of new Art Basel editions in Paris and Doha is diluting interest in the original Swiss event. Gallerists and collectors weigh in, noting that while Paris is rising in importance, Basel retains unmatched prestige and draws a genuinely engaged international audience. The piece also highlights the fair's new "Premiere" section, which spotlights mid-career and established artists, featuring London gallery Edel Assanti's debut presentation of American artist Lonnie Holley.

ai art market revolution 2666766

A survey by PwC found that 88% of U.S. companies plan to increase AI budgets, and the art world is following suit. The article explores how AI is infiltrating the art market beyond controversial authentication and IP issues, covering topics like autonomous agents, data privacy, logistics partnerships (Carpenters Workshop Gallery with Convelio), and new AI-powered search tools being developed by Artnet using Google's Gemini. It also notes that collector Jorge Pérez used AI assistance to acquire 24 works at Art Basel in Basel.

qatar lures art basel 2648893

MCH Group, parent company of Art Basel, announced a new Doha edition of the Swiss art fair, set to launch in February 2026. Art Basel Qatar will start with 50 galleries and expand to around 200, partnering with Qatar Sports Investments and QC+, a commercial arm of Qatar Museums. The fair aims to bolster markets across the Middle East, North Africa, and South Asia.

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.

Art Collaboration Kyoto holds its most global edition yet

Art Collaboration Kyoto (ACK) opened its fifth edition at the Kyoto International Conference Center, running until 16 November. The fair, launched in 2021 to connect Japanese and international galleries, has grown to a record 72 exhibitors, half from overseas. Special exhibitions are staged at historic temples across Kyoto, including shows by Isabella Ducrot at Kousei-in, Carrie Yamaoka at Manshu-in, and Shio Kusaka with Jonas Wood at Ryosoku-in. Sales were strong on opening day, with galleries like KAYOKOYUKI, Kurimanzutto, Mendes Wood DM, and TARO NASU reporting brisk transactions.

What does it take to get gallery representation as an artist?

The article explores the challenging process for artists to secure gallery representation, a crucial step for income, visibility, and legacy in the art market. It features insights from gallerists like Sadie Coles (Sadie Coles HQ, London) and Stefan Benchoam (Proyectos Ultravioleta, Guatemala City), who emphasize the importance of a unique artistic voice and innovative work over market trends. Curator Yasmil Raymond and artist Nuri Koerfer also contribute perspectives on alternative exhibition strategies and the value of personal connections.

Fresh blood for an ancient medium: 10 young painters to watch this spring

This article profiles ten young painters to watch this spring, highlighting their innovative approaches to the ancient medium of painting. Featured artists include British painter Francesca Mollett, whose abstractions have exceeded market expectations with works like 'Two Thistles' fetching over GBP 250,000 at auction; Samuel Hindolo, whose mysterious figurative and abstract paintings have caught the attention of critic Hilton Als; and Stanislava Kovalčíková, whose provocative mythological works were exhibited at Aspen Art Museum and who runs the independent space The White Ermine in Düsseldorf. Other artists mentioned include Evelyn Plaschg, who transforms mundane objects into unsettling meditations, with a solo museum exhibition opening at HALLE FÜR KUNST Steiermark.

The best museum shows to see alongside Art Basel in Basel 2025

This article highlights the best museum shows to see alongside Art Basel in Basel 2025, covering exhibitions at Fondation Beyeler, Schaulager, Kunsthalle Basel, Kunsthaus Baselland, and Kunstmuseum Basel. Featured artists include Vija Celmins, Jordan Wolfson, Steve McQueen, Ser Serpas, Dala Nasser, and Medardo Rosso, with works ranging from VR installations and immersive light-and-sound pieces to textile art and historical retrospectives.

With more than 40 galleries represented, Germany is a major player at Art Basel this year

Germany is the second-most represented country at Art Basel in Switzerland this year, with over 40 galleries participating, trailing only the United States. The fair is led by German-born director Maike Cruse, and features prominent German artists including Katharina Grosse, Martin Kippenberger, Tim Eitel, and Jana Schröder. Despite lacking mega-galleries, Germany boasts respected spaces like Galerie Max Hetzler and renowned collectors such as Reinhard Ernst, Julia Stoschek, and the Plattner family. Dealer Gerd Harry Lybke notes Germany's art market is 'very stable' compared to other locations.

Ahead of new fair in 2026, Qatar takes centre stage at Art Basel

Qatar is making a major push at Art Basel this week, highlighted by the announcement of Art Basel Qatar, a new fair launching in February 2026. Models of upcoming cultural venues, including the Herzog & de Meuron-designed Lusail Museum, are on display in the Collectors Lounge, while Qatar Airways has announced a global partnership with Art Basel. Sheikha Al-Mayassa bint Hamad bin Khalifa Al Thani made a rare public appearance, speaking on a panel about the country's cultural ambitions and the role of art in addressing post-colonial identity and conflict.

From New York to Cape Town: Discover 9 new galleries at Art Basel Paris

Art Basel Paris returns to the Grand Palais in 2025 with 206 exhibitors from 41 countries, including 29 first-time participants. The article highlights nine new galleries in the main sector, such as Stevenson (Cape Town), Lodovico Corsini (Brussels), Crèvecœur (Paris), Jan Kaps (Cologne), The Approach (London), and 47 Canal (New York), each presenting distinctive artists and works that reflect global contemporary art trends.

Air de Paris, a Radical Stalwart of the French Gallery Scene, Is Closing

After 36 years and over 400 exhibitions, the radical Parisian gallery Air de Paris is closing due to bankruptcy. Co-founders Florence Bonnefous and Edouard Merino decided to shutter the gallery after its financial situation became fragile, compounded by Bonnefous's health issues (Chronic Obstructive Pulmonary Disease) and their refusal to adapt to the increasingly profit-driven, corporatist art market. The gallery's final show, titled “Oh What a Time,” in Romainville featured works by artists including Joseph Grigely, Amy Vogel, Allen Ruppersberg, Pierre Joseph, Mona Varichon, Pati Hill, Lily van der Stokker, and Trisha Donnelly.

the art angle art basel roundup 2651816

Artnet News editor Kate Brown hosts a podcast roundtable with three gallerists ahead of the 2025 edition of Art Basel in Basel, Switzerland. The fair features over 200 galleries and is set against a backdrop of a softening art market, with declining sales and cautious demand. The guests are Robbie Fitzpatrick of Fitzpatrick Gallery (who also founded the Art Basel Social Club), Lisa Offermann of LC Queisser (with spaces in Tbilisi and Cologne), and Freddie Powell of Ginny on Frederick (making its Art Basel debut). The discussion focuses on the challenges and strategies for emerging and mid-tier galleries selling works under $250,000.

“Defying Boundaries To Celebrate Creativity” — Highlights From Art Basel in Basel 2025

Samsung Electronics partnered with Art Basel in Basel 2025 as the official display partner, presenting a digital art experience called 'ArtCube' at the fair from June 19 to 22, 2025. The lounge featured Samsung Art TVs including The Frame Pro, MICRO LED, and Neo QLED 8K, displaying artworks from the Samsung Art Store collection. A talk session included RM of BTS and artist Basim Magdy, discussing digital technology's role in art. Samsung also launched a new collection of 38 highlighted pieces from the fair on its Art Store, allowing subscribers worldwide to view the works remotely.

Exhibition | Su Meng-Hung, 'The Flowers of Coromandel' at Tina Keng Gallery, Taipei, Taiwan

The article describes an exhibition titled 'The Flowers of Coromandel' by artist Su Meng-Hung, held at Tina Keng Gallery in Taipei, Taiwan. The exhibition showcases Su Meng-Hung's works, likely exploring themes related to the historical Coromandel Coast and its cultural intersections, presented through the artist's unique visual language.