Art News. Vasari Codex

trending_up market schedule May 5, 2025 visibility 22 link 13 artists, 2 galleries

may 2025 art auctions consignors

The article previews the upcoming May 2025 marquee art auctions in New York, led by Christie's, Sotheby's, and Phillips. Key consignors include the collection of late Barnes & Noble founder Leonard Riggio and his wife Louise, along with works from Anne and Sid Bass, Tiqui Atencio, Daniella Luxembourg, the estate of Barbara Gladstone, and the San Francisco Museum of Modern Art. Notable lots include Dorothea Tanning's 'Endgame' (est. $1M–$1.5M), Robert Motherwell's 'Elegy to the Spanish Republic No. 160' (est. $3.5M–$5.5M), and Andy Warhol's 'Big Electric Chair' (est. $30M). The article also reveals undisclosed consignors through research, such as the family of Harold and Gertrud Parker for the Tanning work and the Hess Art Collection for the Motherwell.

newspaper ARTnews open_in_new Read original

trending_up market schedule Nov 25, 2025 visibility 17 link 6 artists, 1 gallery

4 takeaways art business conference hong kong

Hong Kong's inaugural Art Business Conference brought together government officials, legal experts, and financiers to examine the city's strategic advantages as an art trading hub. Key takeaways included the need to maintain cultural exchange as a national strategy under China's 14th Five-Year Plan, with the West Kowloon Cultural District receiving over $6.5 billion in government funding. The Art Basel and UBS Survey of Global Collecting 2025, authored by Clare McAndrew, revealed that ultra-wealthy collectors are now allocating up to 20 percent of their wealth to art, up from 15 percent in 2024, as an estimated $83 trillion in intergenerational wealth transforms art trading into a sophisticated professional network.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 12, 2025 visibility 25 link 36 artists, 23 galleries

nada new york independent art fairs sales report

Two major New York art fairs—NADA New York and Independent—opened this week alongside Frieze and TEFAF, marking a crowded spring fair season. Despite a recent market downturn, both fairs reported strong attendance and early sales. NADA's executive director Heather Hubbs noted high-quality visitors and positive feedback on the new venue, while Independent founder Elizabeth Dee cited a 20% increase in opening-day attendance and robust buying from collectors and institutions. Sales ranged from lower-priced works under $50,000 to six-figure transactions, with galleries like Vielmetter Los Angeles, Andréhn-Schiptjenko, and Fleisher/Ollman Gallery reporting significant sales.

newspaper ARTnews open_in_new Read original

trending_up market schedule Oct 23, 2025 visibility 16 link 3 artists, 1 gallery

gen z art collecting continuum 2025

The Art Basel & UBS Survey of Global Collecting 2025 reveals that Gen Z collectors are reshaping the art market by treating art, sneakers, digital assets, and luxury goods as a single continuum of collectibles. Gen Z allocates 26% of their total wealth to art and collectibles—the highest of any generation—and spends 56% of that on non-traditional items like limited-edition sneakers, handbags, and digital artworks. Digital art ownership has rebounded sharply, with 23% of collectors planning to buy digital works, up from 19% in 2024, and Gen Z shows the strongest appetite for sculpture.

newspaper ARTnews open_in_new Read original

article news schedule May 15, 2025 visibility 25 link 33 artists

here are the winners of the first art basel awards

Art Basel has announced the winners of its first-ever Art Basel Awards, a new global honors program recognizing excellence across the contemporary art world. The 36 medalists include artists such as David Hammons, Lubaina Himid, Joan Jonas, and Adrian Piper, as well as patrons, curators, museums, and other art-world figures. The awards were unveiled at a press event in New York, with CEO Noah Horowitz and director Vincenzo de Bellis outlining the structure: medalists will later select 12 gold medalists, with up to six artists receiving $50,000 each and a commission for the 2026 Art Basel fair. The jury includes prominent museum directors and curators from around the world.

newspaper Artnet News open_in_new Read original

museum exhibitions schedule Oct 24, 2025 visibility 20 link 6 artists, 1 gallery

art alex da corte kermit the frog paul thek

Alex Da Corte has resurrected his inflatable sculpture "Kermit the Frog, Even" for Art Basel Paris, displayed at Place Vendôme through October 26. The work references the 1991 Macy's Thanksgiving Day Parade incident where the Kermit float was deflated by a lamppost or tree, leaving its head sagging. Da Corte first debuted the piece in Buenos Aires in 2018 for the Art Basel Cities exhibition curated by Cecilia Alemani. The artist, known for mining children's media like Mr. Rogers and Sesame Street, also activated the sculpture with performers for the first time in Paris, navigating wind and rain during the performance.

newspaper Cultured open_in_new Read original

museum exhibitions schedule Jun 16, 2025 visibility 30 link 29 artists, 4 galleries

Art Basel 2025

Art Basel 2025 opened with strong preview-day sales, surprising many galleries after a tough year in the art market. Dealers reported a 'buyer's market' with price reductions and flexibility, while high-priced works by Jeff Koons, Michael Armitage, Adrian Ghenie, and Frank Bowling sold. The fair introduced a new section called Premiere for works made in the past five years, aimed at easing participation for small to mid-sized galleries. Satellite fairs including Africa Basel, Liste, Volta, and Maze Design Basel also launched or celebrated anniversaries. Other highlights include the Baloise Art Prize awarded to Rhea Dillon and Joyce Joumaa, a Holbein drawings rehang at Kunstmuseum Basel, and a visa denial for artist Richard Mudariki. Qatar took center stage ahead of a new fair in 2026, and limited-edition Labubu figurines caused a frenzy at the Art Basel Shop.

newspaper The Art Newspaper open_in_new Read original

article event schedule Apr 20, 2026 visibility 24 link 2 artists

Daft Punk’s Thomas Bangalter to Co-Headline ‘Immersive Experience’ at Art Basel

Thomas Bangalter, formerly of the electronic music duo Daft Punk, is scheduled to co-headline an immersive experience called 'WAREHOUSE ARTEFACTS' at the Art Basel fair in Basel, Switzerland. The event, produced by Nordstern Basel nightclub in cooperation with Art Basel and Fondation Beyeler, will also feature house music producer Rampa and conceptual artist Julian Charrière.

newspaper ARTnews open_in_new Read original

trending_up market schedule Oct 7, 2025 visibility 16 link 4 artists, 3 galleries

hauser amp wirths uk profits drop

Hauser & Wirth's UK subsidiary reported an 87% decline in pretax profit for 2024, falling to $1.6 million from $12.5 million the previous year, as revenue dropped by more than half to $91.4 million. The gallery attributed the downturn to a sharp fall in secondary-market sales, which can fluctuate significantly based on a few high-value transactions. The UK entity represents only a small portion of the gallery's global business, which the founders said remained aligned with the prior year's successful performance. Separately, the gallery's hospitality arm, Artfarm Group, posted a wider pretax loss of $24 million despite a 16% rise in turnover.

newspaper ARTnews open_in_new Read original

trending_up market schedule Jul 8, 2025 visibility 21 link 17 artists, 2 galleries

life size labubu record asia art news

The article reports on a record-breaking auction sale of a 4-foot-4-inch Labubu doll, which sold for RMB 1.08 million ($150,300) at Yongle International Auction in Beijing, with premium reaching RMB 1.24 million ($174,000). The character was created by Hong Kong artist Kasing Lung, who also collaborated with Art Basel on a limited edition. Other key developments include the closure of the Art Basel Hong Kong satellite fair Supper Club after two editions, Frieze announcing a new year-round space called Frieze House Seoul in Yaksu, and Blum gallery taking on global representation of Japanese ceramic artist Kimiyo Mishima's estate. The article also covers upcoming exhibitions by Christine Ay Tjoe at White Cube New York, Seulgi Lee at Ikon Gallery Birmingham, Kenny Scharf at the Modern Art Museum Shanghai, and Trevor Yeung's adaptation of his Venice Biennale show at M+ Hong Kong.

newspaper Artnet News open_in_new Read original

trending_up market schedule Jun 20, 2025 visibility 15 link 10 artists, 3 galleries

basel on a budget labubu georg baselitz art basel 2025

Artnet News highlights affordable artworks available at Art Basel 2025, countering the fair's reputation for multimillion-dollar sales. Featured works include John Tremblay's 'Gold sounds' (2025) from the New Paintings series at Ecart's booth, priced at €2,500, and Kasing Lung's limited edition Labubu doll sold at the Art Basel Shop for CHF 200, which sold out rapidly to VIPs and the public. Also noted is Solomon Garçon's 'Bobby (4)' (2025), priced around $3,500, presented by 243 Luz at the Liste fair.

newspaper Artnet News open_in_new Read original

trending_up market schedule Dec 17, 2025 visibility 17 link 9 artists, 7 galleries

The Art Market Year in Review

The art market experienced a turbulent 2025, beginning with a 12% decline in sales from 2024, following a 3% drop in 2023, as reported by the Art Basel and UBS Global Art Market Report. Major auction houses Christie’s, Sotheby’s, and Phillips saw average sales fall 6% in the first half of the year. However, the market rebounded by autumn, with strong sales at London and Paris art fairs and a 15% year-on-year increase in auction sales at the three main houses by December, according to Pi-eX. Key events included Sotheby’s failed sale of Alberto Giacometti’s *Grand tête mince* in May, followed by a record-breaking $236 million sale of Gustav Klimt’s *Portrait of Elisabeth Lederer* in November, and a $31.4 million record for François-Xavier Lalanne’s *Hippopotame Bar*.

newspaper UBS open_in_new Read original

museum exhibitions schedule Nov 26, 2025 visibility 25 link 42 artists, 7 galleries

Miami Art Week 2025: Your Essential Guide to the Fairs, Exhibits, and Chaos

Miami Art Week 2025 takes place December 2-7, transforming Miami Beach and Wynwood into a sprawling art hub anchored by Art Basel Miami Beach, which features 281 galleries from 43 countries. The week includes over a dozen major fairs such as SCOPE, NADA, UNTITLED, and Pinta, alongside off-program events like street art battles at the Museum of Graffiti, a collaborative mural by RETNA and El Mac at Wynwood Walls, and David LaChapelle's world premieres at VISU Contemporary. The event follows record-breaking New York auctions totaling over $1.5 billion, including a $236 million Gustav Klimt and a $55 million Frida Kahlo.

newspaper Whitehot Magazine of Contemporary Art open_in_new Read original

trending_up market schedule Nov 19, 2025 visibility 23 link 19 artists, 3 galleries

Digital art is going mainstream

Digital art has achieved mainstream acceptance in the art world, ranking third in total spending among high-net-worth collectors after painting and sculpture, according to The Art Basel and UBS Survey of Global Collecting 2025. Over half of the 3,100 respondents purchased a digital artwork in 2024 or 2025, and the average share of digital art in collections rose from 3% in 2024 to 13% in 2025, signaling a maturation beyond the NFT boom of 2022. Art Basel is launching a new section called Zero 10 at Miami Beach 2025, featuring 12 exhibitors including AOTM, bitforms gallery, and Pace Gallery, with an interactive installation by Beeple. Major museums like MoMA, Tate Modern, and Centre Pompidou have hosted significant digital art exhibitions, further boosting collector confidence.

newspaper Art Basel open_in_new Read original

trending_up market schedule Jun 10, 2025 visibility 20 link 5 artists, 9 galleries

The UAE’s art market is on the up

The UAE's art market is experiencing a resurgence nearly two decades after the 2008 financial crash, driven by a booming economy and strategic investments. Key developments include an Abu Dhabi sovereign wealth fund, ADQ, acquiring a $1 billion stake in Sotheby's, and Art Basel announcing a new fair in Doha, Qatar, set to launch in February 2026. Meanwhile, Christie's is expanding its Dubai office, and Saudi Arabia hosted its inaugural Art Week Riyadh in April, featuring 32 commercial galleries. Despite these regional moves, Dubai remains the Gulf's commercial art hub, with Sotheby's chairman Edward Gibbs noting a 70% increase in regional bidders over five years and Christie's president Anthea Peers reporting that sales of modern Middle Eastern art trebled between 2020 and 2024.

newspaper Apollo – The International Art Magazine open_in_new Read original

trending_up market schedule Apr 30, 2025 visibility 25 link 20 artists, 3 galleries

Female artists and new buyers breathe life into the art market

The global art market contracted by 12% in 2024, falling to an estimated $57.5 billion in sales from its 2022 peak, according to the Art Basel and UBS Art Market Report 2025 compiled by Dr. Clare McAndrew. Despite the overall decline, the number of transactions grew by 3%, driven by a broadening collector base and increased engagement with more affordable works. The report highlights a surge in interest in female artists, with galleries raising their representation to 41%, and notes that art fairs remain the most common entry point for new buyers. The Aotearoa Art Fair, opening May 1-4 at Auckland's Viaduct Events Centre, exemplifies these trends with strong Indigenous and Pacific representation, emerging artist platforms like Horizons 2025, and affordable works under $5,000 from established galleries such as Gow Langsford Gallery.

newspaper Newsroom open_in_new Read original

museum exhibitions schedule Nov 6, 2025 visibility 16 link 4 artists, 2 galleries

art basel zero 10 digital art platform miami beach 2025

Art Basel will launch Zero 10, a new curated platform dedicated to digital art, at its Miami Beach edition in December 2025. Supported by OpenSea and curated by digital art strategist Eli Scheinman, the inaugural presentation will feature 12 international exhibitors including Art Blocks, bitforms gallery, Beeple Studios, Pace Gallery, AOTM, and Visualize Value, along with a loan of Lu Yang's DOKU – Heaven (2022) from the UBS Art Collection. The initiative takes its name from Kazimir Malevich's historic 1915 exhibition 0,10 and will run from December 5–7, 2025, with VIP previews on December 3–4, before expanding to other Art Basel fairs in 2026.

newspaper ARTnews open_in_new Read original

trending_up market schedule Apr 30, 2025 visibility 16 link 11 artists, 1 gallery

End of investment art? Why the bottom of the market is flourishing

The art market in 2024 saw an aggregate 12% decline in sales to an estimated $57.5bn, driven by a slowdown at the ultra-premium end, according to the Art Basel and UBS Art Market Report and Artprice. However, the lower end of the market is flourishing: auction sales of works under $5,000 grew 7%, dealers with turnover under $250,000 reported a 17% increase, and sales of works under $20,000 reached record levels. Online platforms like Avant Arte, which sold $23m in print and sculpture editions (up 53% year-on-year), are key drivers, attracting younger and first-time collectors with affordable, editioned works.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Nov 25, 2025 visibility 20 link 14 artists, 1 gallery

The Surreal Economics of the Contemporary-Art Market

A conceptual artwork titled "Comedian" by Maurizio Cattelan, consisting of a banana duct-taped to a wall, sold at auction for over $6 million to billionaire Justin Sun. This sale occurred amid widespread speculation that the contemporary-art market has peaked, with global art sales dropping 12% in 2024. However, a painting by Marlene Dumas defied the trend, fetching $13.6 million and setting a record for a living female artist. The article explores the bewildering economics of the art market, featuring insights from economist Canice Prendergast and journalist Bianca Bosker, who describe a market where prices seem divorced from traditional logic.

newspaper The University of Chicago Booth School of Business open_in_new Read original

trending_up market schedule May 6, 2025 visibility 17 link 5 artists, 4 galleries

art market price increase 2025

The article examines the paradox of rising art prices despite a contracting market. The global art trade shrank by 12% in 2024, according to the Art Basel/UBS Art Market report, and financial volatility from trade wars has further depressed conditions. Yet dealers resist lowering prices, fearing that doing so would signal decreased value. Collectors like Jeff Magid argue that entry-level prices—often tens of thousands of dollars—are shutting out new buyers, and artists sometimes must leave their galleries to restart at lower price points. The upcoming Frieze New York fair will test whether this pricing strategy holds.

newspaper Cultured open_in_new Read original

trending_up market schedule Jun 18, 2025 visibility 15 link 12 artists, 3 galleries

Art Basel Qatar

Art Basel has announced the launch of Art Basel Qatar, a new international art fair set to debut in Doha. The fair will be held under the patronage of Sheikha Al Mayassa bint Hamad bin Khalifa Al Thani, chairperson of Qatar Museums, and is expected to bring together leading galleries from around the world. The announcement marks a significant expansion of the Art Basel brand into the Middle East, following its existing fairs in Basel, Miami Beach, Hong Kong, and Paris.

newspaper The Art Newspaper open_in_new Read original

trending_up market schedule Jun 18, 2025 visibility 18 link 7 artists, 5 galleries

Koons lobster snapped up amid day two sales at Art Basel

On the second day of the Art Basel VIP preview, sales continued at a slower pace. White Cube sold Michael Armitage's 2015 painting *In the garden* for $3.2 million, while Gagosian placed a large lobster sculpture by Jeff Koons for a seven-figure sum. Pace Gallery reported that a Pablo Picasso painting *Homme à la pipe assis et amour* (1969), priced at $30 million, remains on reserve, though it did sell a 1964 bronze by Louise Nevelson for $850,000. Berlin's Galeria Plan B sold an untitled 2025 Adrian Ghenie painting for €1 million, and Hauser & Wirth sold Frank Bowling's *Iceni* (1975) for $1.8 million, with Felix Gonzalez-Torres's *"Untitled" (Go-Go Dancing Platform)* (1991), priced at $16 million, placed on serious hold for an institution.

newspaper The Art Newspaper open_in_new Read original

person people schedule May 20, 2025 visibility 14 link 3 artists

Phillips Installs Robert Manley and Miety Heiden in Top Posts Amid Market Shifts

Phillips has appointed Robert Manley as chairman of modern and contemporary art and Miety Heiden as chairman of private sales, following the departure of Cheyenne Westphal and Jean-Paul Engelen. Manley, who joined Phillips in 2016, has secured major consignments including the collection of Francesco Pellizzi and the Pop Art trove of Miles and Shirley Fiterman, while Heiden has driven a 46 percent growth in annual private sales. The appointments come after Phillips' $51.9 million Modern and Contemporary Evening Sale, which reinforced the auction house's strength in the contemporary segment.

newspaper observer.com open_in_new Read original

trending_up market schedule Oct 14, 2025 visibility 15 link 3 artists, 7 galleries

perrotin relocating hong kong gallery

Emmanuel Perrotin announced that his gallery is relocating from K11 Atelier Victoria Dockside back to Central, Hong Kong’s business district, where it first opened in Asia in 2012. The gallery vacated Dockside on October 1 after six years, citing the need to better serve its community, enhance accessibility, and reduce operational costs. The move follows Pace Gallery’s announcement that it will close its H Queen’s location by the end of October, and comes amid a broader shake-up in Hong Kong’s gallery scene, with other blue-chip dealers like Lévy Gorvy Dayan also shuttering spaces.

newspaper ARTnews open_in_new Read original

trending_up market schedule Dec 16, 2025 visibility 15 link 12 artists, 2 galleries

Drawing attention

Collector Patricia Poon and artist Angel Hui are among the figures highlighted in a series examining how Hong Kong women artists are gaining market share and recognition. The article reports that major auction houses Christie's, Sotheby's, and Phillips have moved their Asia headquarters to Hong Kong and now employ young women in key auctioneering roles. It notes a sharp increase in women artists featured in Chinese auctions, from 79 in 2019 to 231 in 2024, with 201 of those in Hong Kong. Works by artists like Firenze Lai, Elaine Chiu, and Kristy M Chan have performed strongly at auction, and Phillips has made promoting Hong Kong women artists a key priority.

newspaper China Daily open_in_new Read original

trending_up market schedule Sep 3, 2025 visibility 22 link 22 artists, 13 galleries

art collecting on a budget guide

The article reports that the ultra-contemporary art market has cooled, with high-end sales plummeting while works priced at $5,000 or less have grown. Art economist Clare McAndrew, author of the Art Basel & UBS Art Market Report 2025, notes that collectors are now buying art they genuinely like rather than for investment. The piece offers a practical guide for collecting on a $10,000 budget, featuring advice from gallerists, advisors, and collectors on finding affordable works.

newspaper Cultured open_in_new Read original

person people schedule Apr 9, 2026 visibility 21 link 2 artists, 1 gallery

[Interview] Scenes of Memory and Modern Life: Sun Yitian x Samsung Art Store

Chinese artist Sun Yitian has partnered with the Samsung Art Store to feature her large-scale painting "Ken" (2023) as part of the Art Basel Hong Kong 2026 digital collection. The work, which depicts Barbie’s male counterpart at a massive three-meter scale, explores themes of mass production, the male gaze, and the hollow nature of modern plastic icons. The collaboration marks a bridge between Sun's physical painterly practice and the digital accessibility of contemporary art on domestic screens.

newspaper samsung.com open_in_new Read original

museum exhibitions schedule Feb 2, 2026 visibility 19 link 13 artists

From a bakery pop-up to an I.M. Pei survey: the exhibitions to see in Doha during Art Basel Qatar

A series of major exhibitions are on view in Doha, coinciding with the Art Basel Qatar event. These include Rirkrit Tiravanija's interactive bakery installation at MIA Park, two major surveys of architect I.M. Pei's work at AlRiwaq Gallery and the Museum of Islamic Art, and a group show titled "we refuse_d" at Mathaf: Arab Museum of Modern Art.

newspaper The Art Newspaper open_in_new Read original

museum exhibitions schedule Nov 12, 2025 visibility 24 link 10 artists, 3 galleries

At Art Basel Miami Beach, a new space reimagines art in the digital age

Art Basel Miami Beach will debut a new curated space called Zero 10, dedicated to digital and new media art, at its upcoming fair in the Miami Beach Convention Center. The centerpiece is an interactive installation by American artist Beeple featuring robot dogs with human heads modeled after public figures like Andy Warhol, Jeff Bezos, and Elon Musk, which will photograph fairgoers and offer NFTs. The space, curated by Eli Scheinman, includes works by pioneers such as Manfred Mohr and Larva Labs, alongside galleries like Pace Gallery and platforms like Art Blocks, exploring themes of AI, robotics, and generative systems. The name references Kazimir Malevich's 1915 exhibition '0,10', signaling a push into new artistic terrain.

newspaper Art Basel open_in_new Read original

person people schedule May 16, 2025 visibility 14 link 4 artists

S’pore artist Ho Tzu Nyen among medallists for inaugural Art Basel Awards, could get major commission

Singapore artist Ho Tzu Nyen has been named one of six medallists in the established artist category at the inaugural Art Basel Awards, announced on May 16. The 49-year-old shares the honor with artists including Cao Fei and Ibrahim Mahama. The two-round awards process will culminate in December with a shortlist of Gold medallists announced in Miami, and Ho is in line for a potential major commission from Art Basel. He was also recently appointed artistic director of the 16th Gwangju Biennale.

newspaper The Straits Times open_in_new Read original