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simon de pury art market confidence

The article reports on the upcoming Art Basel in Miami Beach and the improved mood in the art market, driven by strong auction results. Sotheby's emerged as the clear winner over Christie's in the fall 2024 auctions, achieving over $2.2 billion in total sales across Sotheby's, Christie's, and Phillips. Key consignments included the Leonard Lauder Collection, featuring a record-making Klimt, a Frida Kahlo that became the highest-selling work by a woman artist, and Maurizio Cattelan's golden toilet. The article credits Sotheby's move into the Breuer building—formerly home to the Whitney, the Met, and the Frick—for enhancing the presentation and aura of the previews.

princedale modern edward warburton

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%.

kids hamptons wet paint

Artnet News's Wet Paint column announces Brian Belott's upcoming exhibition "Upside Down Zebra" at the Watermill Center in Water Mill, Hamptons, opening next week. The show features over 400 artworks made by children under age 6, including offspring of Willem de Kooning and Henry Miller, alongside 40 response pieces by contemporary artists like Robert Nava, Chris Martin, Darren Bader, Katherine Bernhardt, Carroll Dunham, and Christopher Wool. Belott draws from the archive of educator and psychologist Rhoda Kellogg, who collected over two million children's drawings, organizing works by her 20 types of scribbles.

The Venice Biennale has long been a sales platform—now no one is pretending otherwise

The Venice Biennale, traditionally a government-subsidized non-commercial institution where sales were downplayed, is experiencing an unprecedented open embrace of commerce. For the first time, Christie's is hosting an invitation-only selling exhibition in Venice, offering works ranging from Old Masters like Lucas Cranach to Modern and contemporary giants such as Andy Warhol, Louise Bourgeois, and Mark Bradford, with prices from $500,000 to over $35 million. Dealers, auction houses, and private foundations are openly pricing and selling works to collectors, spurred partly by Italy's reduced 5% VAT rate on art imports, now Europe's lowest.

How Detroit’s Art Scene Is Ushering in a New Chapter for the City

Detroit's art scene is experiencing a resurgence, marked by the reopening of the Museum of Contemporary Art Detroit (MOCAD) after an eight-month renovation. The museum, now renamed the Julia Reyes Taubman Building, unveiled four new exhibitions, including a career survey of local artist Olayami Dabls titled "Olayami Dabls: Detroit Cosmologies," his first solo museum show in over 40 years. The reopening follows a 2020 reckoning over toxic workplace allegations, leading to the appointment of co-directors Jova Lynne and Marie Madison-Patton, who have refocused the institution on accessibility, civic engagement, and local contemporary art.

Pioneering Brazilian artist Lygia Pape's estate is now represented by Mendes Wood DM

Mendes Wood DM now represents the estate of pioneering Brazilian artist Lygia Pape (1927-2004), a central figure in the Concrete and Neo-Concrete art movements. The gallery, founded by Pedro Mendes, Felipe Dmab, and Matthew Wood, operates spaces in São Paulo, Brussels, Paris, and New York. It plans a career-spanning exhibition of Pape's work in São Paulo in April 2026, coinciding with SP-Arte and her centenary year, and will bring works to Art Basel in Paris this October. Pape's first retrospective in France, 'Tisser l'espace (Weaving Space),' opens next week at the Pinault Collection's Bourse de Commerce in Paris, running from 10 September to 23 February 2026.

Pilar Crespi on the art-world friendships that have inspired her collection, and how to spend five days in Miami

Pilar Crespi, a Miami-based philanthropist and former fashion executive, discusses her art collection and Miami recommendations in an interview with The Art Newspaper. She recounts buying her first artwork—an oil painting by Tano Festa—while living in Rome, and her most recent acquisitions include works by Sidival Fila and Yoan Capote. Crespi also shares her regret over not purchasing a Jean-Michel Basquiat painting at a Christie's auction 30 years ago, and names a Caravaggio from the Galleria Borghese and Jackson Pollock's *Two* as her dream museum pieces.

Art Basel's solution to PDF pre-sales? Ask galleries to reserve works until opening day

Art Basel has announced a new initiative called Basel Exclusive for its flagship Swiss fair in June 2025, asking participating galleries to withhold their most important or expensive works from all pre-fair previews, online viewing rooms, and publicity. Instead, these "marquee works" will be unveiled for the first time during the First Choice VIP preview on 16 June. The initiative aims to restore a sense of surprise and urgency, countering the trend of galleries pre-selling works to clients before the fair opens. Around 170 galleries have already signed up, including major names like Gagosian, David Zwirner, Hauser & Wirth, Pace Gallery, and Sadie Coles HQ.

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.

“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.