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art shipping problems investigation 2737673

The article investigates the rising cost of art shipping, which has become a major issue for the art industry since the Covid-19 pandemic. Industry figures including Fritz Dietl of Dietl logistics, Belgian collector Alain Servais, art advisor Michaela Neumeister de Pury, New York collector Jonathan Travis, dealer Jack Shainman, and OCS Art Services owner Nicole Scuderi describe shipping as a 'necessary evil' and a 'major stumbling block' that affects galleries, collectors, fairs, auction houses, and museums. Costs surged during Covid due to inflation in labor, materials, and insurance, and have not come down, while complications from Brexit, U.S. trade policies, and New York State tax laws have added further layers of expense and confusion.

almine rech closes london gallery 1234755425

Almine Rech is closing her London gallery in Mayfair after more than a decade, as reported by Melanie Gerlis in the Art Newspaper. The space, which opened in 2014 on Savile Row before moving to Grosvenor Hill, hosted exhibitions by artists including Javier Calleja, Chloe Wise, Jeff Koons, and Esther Mahlangu. Rech stated that London remains "important" to her and that she plans to open something in the city in the future, but offered no specifics. The London branch was put into liquidation, with Companies House filings indicating a £6.3 million deficit, though Rech said she owes no money to artists, workers, or suppliers and described the filing as a technical step to restructure a lease. Her gallery will continue operating its other eight locations across Paris, New York, Brussels, Shanghai, Monaco, and Gstaad.

almine rech closes london gallery 1234755425

Almine Rech is closing her London gallery in Mayfair after more than a decade, as reported by Melanie Gerlis in the Art Newspaper. The space, which opened in 2014 on Savile Row before moving to Grosvenor Hill, hosted exhibitions by artists including Javier Calleja, Chloe Wise, Jeff Koons, and Esther Mahlangu. Rech stated that London remains "important" to her and that she plans to open something in the city in the future, though no specifics were given. The London branch was put into liquidation, with Companies House filings indicating a £6.3 million deficit, though Rech denied owing money to artists, workers, or suppliers, calling the filing a technical step to restructure a lease. Her gallery will continue operating its remaining eight locations across Paris, New York, Brussels, Shanghai, Monaco, and Gstaad.

‘The challenge will be to sustain it’: was the autumn art market boom more than just a blip?

The autumn art market saw a significant upturn, with strong sales at Frieze London, Art Basel Paris, and New York auctions, including a $236.4 million Klimt and a $2.2 billion auction week in New York—up 77% year-on-year. Emerging London galleries like Ginny on Frederick, Rose Easton, and A. Squire have reinvigorated Frieze London, while Paris benefits from luxury-house funding, with the Fondation Cartier and Fondation Louis Vuitton hosting major shows. However, concerns persist about sustainability, as geopolitical volatility and post-Brexit challenges continue to affect the market.

‘Quality always rules’: VIP day sales at Frieze London 2025

Frieze London 2025 opened with VIP day sales reflecting a cautious but resilient market. Gallerists reported solid sales, including Michael Landy's 'Multi-Saint' (2013) sold to the Walker Art Gallery for €125,000, and blue-chip works at Frieze Masters such as René Magritte's 'Le domaine enchanté' (1953) for $1.6m and Gabriele Münter's 'The Blue Garden' (1909) for SFr2.4m ($3m). Dealers noted a shift from speculative frenzy to more considered buying, with collectors taking longer to decide but still investing in quality works. The fair saw strong attendance, including wealthy individuals who had left London due to UK tax changes returning to buy.

why bailly gallery is betting big on paris 2739558

Bailly Gallery, a Geneva-based gallery founded in 2007 by Charly and Hanna Bailly with family roots in the art business since 1977, is expanding its presence in Paris by opening a full public gallery space after operating a private showroom there for several years. The new location, which took five years to find, includes both a public exhibition area and two private showrooms designed like apartments, allowing collectors to view works in a domestic setting. The gallery is known for its expertise in Impressionist, Modern, and Postwar art and design.

‘Quality always rules’: VIP day sales at Frieze London 2025

VIP day at Frieze London 2025 saw brisk sales despite a more cautious market. Gallerists reported strong interest in quality works, with Thomas Dane Gallery selling Michael Landy's *Multi-Saint* (2013) for €125,000 to the Walker Art Gallery in Liverpool, and Josh Lilley selling works by Gareth Cadwallader and Rebecca Manson. Hauser & Wirth sold 17 works at Frieze London and 16 at Frieze Masters, including René Magritte's *Le domaine enchanté* (1953) for $1.6m and Gabriele Münter's *The Blue Garden (My Garden Gate)* (1909) for SFr2.4m ($3m). Cecilia Brunson Projects sold six of eight woven works by the Indigenous Wichí collective Claudia Alarcón & Silät within the first hour, with prices up to $55,000.

Why This Storied London Gallery Is Planning Its Future in Paris

Waddington Custot, a cornerstone of London’s art scene, is formalizing its leadership succession as Victor Custot joins his father, Stéphane, as board director. The younger Custot, who transitioned from a career in tech, is now spearheading the gallery’s strategic expansion. Central to this new chapter is a significant move toward Paris, reflecting a broader shift in the European art market landscape following Brexit.

by the numbers sothebys london march 2026 2751039

Sotheby’s London Modern and Contemporary evening sale in March 2026 achieved a robust £130.6 million ($175 million), marking a significant 108.6 percent increase over the previous year's equivalent auction. The event was a "white glove" sale, with all 53 offered lots finding buyers, led by a Francis Bacon self-portrait that fetched £16 million. A notable highlight was a record-breaking £5.2 million sale for Leon Kossoff’s "Children’s Swimming Pool," which sparked a competitive ten-buyer bidding war.

Master Drawings New York marks 20th anniversary as both fair and market expand

Master Drawings New York (MDNY) marks its 20th edition this month, founded in 2006 by London dealers Crispian Riley-Smith and Margot Gordon and acquired in 2023 by dealer Christopher Bishop. The fair focuses on works on paper from the 15th century to today, also including painting, sculpture, and photography. This year features 36 dealers across two dozen Upper East Side gallery spaces, with ten new exhibitors from Europe, making it the most geographically diverse edition yet. Programming includes a highlights catalogue of 20 important works sold during previous editions that ended up in major collections such as the Metropolitan Museum of Art and the Getty.

London’s Art Market Rebound: Sotheby’s Spring 2026 Recap

Sotheby’s London kicked off its Spring 2026 marquee season with a series of high-energy auctions, totaling £154 million across its Modern & Contemporary sales. The week was highlighted by a "white-glove" evening auction that achieved a 100% sell-through rate, led by Francis Bacon’s 1972 Self-Portrait which sold for £16 million. Significant records were set for British masters, most notably Leon Kossoff, whose painting "Children’s Swimming Pool" shattered estimates to reach £5.2 million.

London art market springs back to life in Sotheby's Modern and contemporary evening sale

Sotheby’s Modern and contemporary evening sale in London signaled a resilient recovery for the UK art market, totaling £131 million with fees and achieving a 98% sell-through rate. Despite geopolitical tensions and post-Brexit economic concerns, the auction room was notably crowded, driven by high-profile works from the collection of billionaire Joe Lewis. The evening's top lot was a 1972 Francis Bacon self-portrait, which sold for £16 million, while a major painting by Leon Kossoff shattered the artist's previous auction record.

Thinking bigger: gallery stalwarts Sadie Coles, Maureen Paley and Stuart Shave on why they're expanding to new London spaces

Three of London's major gallerists—Maureen Paley, Sadie Coles, and Stuart Shave—are opening substantial new spaces in the capital, defying pessimism about the London art market. Paley has moved into part of Wolfgang Tillmans's former studio at 4 Herald Street, Coles will occupy a townhouse at 17 Savile Row from 14 October, and Shave's Modern Art will open a double shopfront at 8 Bennet Street, St James's, from 14 November. In an interview with The Art Newspaper, they discuss their motivations: Paley cites serendipity and historical significance, Coles sought a different kind of space for her artists, and Shave needed consolidation under one roof after years of fragmentation.

Thinking bigger: gallery stalwarts Sadie Coles, Maureen Paley and Stuart Shave on why they're expanding to new London spaces

Three of London's most prominent gallerists—Maureen Paley, Sadie Coles, and Stuart Shave—are opening substantial new spaces in the capital, defying pessimism about the London art market. Paley has moved into part of Wolfgang Tillmans's former studio at 4 Herald Street, Coles will occupy a townhouse at 17 Savile Row from 14 October, and Shave's Modern Art will take over a double shopfront at 8 Bennet Street, St James's, from 14 November. In an interview with The Art Newspaper, they discuss their motivations: Paley cites serendipity and historical significance, Coles sought a different kind of space for her artists, and Shave needed consolidation under one roof.