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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.

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A major retrospective of Art Deco painter Tamara de Lempicka (1898–1980) has opened at the de Young Museum in San Francisco, featuring over 120 works including iconic portraits, lesser-known drawings, and early Cubist still lifes. Co-curated by Furio Rinaldi and Gioia Mori, the exhibition is the first comprehensive U.S. retrospective of the artist in over four decades, drawing passionate responses from audiences unfamiliar with her name as well as from connoisseurs discovering her draftsmanship.

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The Metropolitan Museum of Art's current "Cubism" exhibition showcases masterpieces from the Leonard A. Lauder Cubist Collection, featuring works by Pablo Picasso, Georges Braque, Juan Gris, and Fernand Léger. The show spans six galleries and presents some of the finest examples of Cubist art, including iconic pieces like Braque's *The Castle of La Roche-Guyon* (1909) and Picasso's *The Oil Mill* (1909). The exhibition is essentially a curated display of Lauder's promised gift to the Met, highlighting the "Four Horsemen" of Cubism while omitting the broader context of the movement's other pioneers, such as the Salon Cubists.

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The Museum of Modern Art in Paris has opened "Matisse and Marguerite: Through Her Father's Eyes," an exhibition running through August 24 that explores the lifelong bond between Henri Matisse and his eldest daughter, Marguerite Duthuit-Matisse. Featuring over 100 works—including paintings, drawings, prints, sculptures, and ceramics—the show traces their relationship from her childhood through World War II, with many pieces rarely exhibited before. Loans come from institutions in the United States, Switzerland, and Japan, supplemented by photographs and archival materials.

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The article recounts the first meeting between artists Marcel Duchamp and Man Ray in 1915, when a language barrier threatened their connection. They broke the ice with an impromptu tennis match using old rackets and a ball, with no net, as Man Ray called out tennis scores and Duchamp simply replied 'yes.' This playful encounter launched a five-decade friendship and prolific collaboration, during which they co-created works ranging from photographs and installations to experimental films, and became central figures in New York Dada.

SFMOMA’s ‘Matisse’s Femme au chapeau: A Modern Scandal’ revisits an old controversy

SFMOMA has opened 'Matisse’s Femme au chapeau: A Modern Scandal,' an exhibition that revisits the 1905 debut of Henri Matisse's iconic painting at the Salon d’Automne in Paris, which sparked the Fauvist movement. The show reconstructs Gallery VII of that salon, reuniting works by all ten original artists—including Matisse, André Derain, and Maurice de Vlaminck—and places the painting in dialogue with contemporary artists to trace its lasting influence. The painting, which was purchased by collectors Leo and Gertrude Stein at the 1905 salon, entered SFMOMA’s collection in 1991 as a bequest from Elise S. Haas and never travels, making this the exclusive venue for the exhibition.

An old hat gets a new show: ‘Matisse’s Femme au chapeau’ opens at SFMOMA

SFMOMA has opened "Matisse's Femme au chapeau: A Modern Scandal," a new exhibition centered on Henri Matisse's iconic 1905 painting "Femme au chapeau" (Woman with a Hat). The show recreates the atmosphere of the 1905 Salon d'Automne in Paris, where the painting first caused a scandal for its bold, fauvist colors. It reunites the work with three other Matisse paintings from that debut, alongside pieces by contemporaries like André Derain, Albert Marquet, and Jelka Rosen, and later artists inspired by the painting, such as Mickalene Thomas. The exhibition also includes a gallery dedicated to the Haas bequest, which brought the painting to SFMOMA in 1991.

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Tamara de Lempicka's portrait of her lover, *La Belle Rafaëla* (1927), sold for £7.47 million ($10.05 million) at Sotheby's London Modern and Contemporary Evening Sale on June 24. The work, estimated at £6–9 million, hammered just above its low estimate to a buyer in the room. It had last appeared at auction in 1985, when it sold for $242,000, then a record for the artist. The painting depicts Rafaëla, a sex worker Lempicka encountered in Paris's Bois de Boulogne, who became her lover and muse.

Heffel’s autumn sales, including auction of art from collection of Canada’s oldest company, tally $22.1m

Heffel Fine Art Auction House held its marquee autumn sales in Toronto on November 19, featuring four auctions that included works from the collection of the Hudson's Bay Company, North America's oldest company, which declared bankruptcy earlier this year. The marathon series of sales also included a single-owner auction of the late collector Lillian Mayland McKimm's holdings and two multi-owner sales of Canadian, Impressionist, modern, post-war, and contemporary art. Over 16 artists' secondary market records were broken, with total sales reaching C$31 million ($22.1 million). Notable highlights included E.J. Hughes' 'Entrance to Howe Sound' selling for C$4.8 million, more than doubling his previous record, and Winston Churchill's painting 'Marrakech' fetching C$1.5 million.

Chiang Hsin-Ching | Of Mountain and Sea II (2017) | For Sale

Taiwanese contemporary artist Chiang Hsin-Ching's 2017 ink-and-color-on-paper work "Of Mountain and Sea II" is being offered for sale by Hiraya Gallery (EU) for €20,000. The 175 × 96 cm piece, stamped by the artist's estate and accompanied by certificates of authenticity, is listed on Artsy with shipping from Taichung, Taiwan. Chiang, born in 1970 in Taichung, is a researcher at the Contemporary Ink Art Research Institute and has exhibited widely, including at the Kyocera Museum of Art in Kyoto, the Venice International Art Exhibition, and ART TAIPEI.