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France Passes Landmark Restitution Law for Looted Art

France has passed a landmark restitution law for looted art, marking a significant shift in the country's approach to addressing Nazi-era confiscations and colonial-era acquisitions. The legislation establishes a legal framework for returning artworks and cultural objects to their rightful owners or heirs, streamlining a process that previously required case-by-case parliamentary approval. This law is expected to accelerate the return of thousands of items held in French museums and public collections.

timo kappeller joins pace gallery senior director

Timo Kappeller has joined Pace Gallery as a senior director in New York, focusing on sales and artist relationships, starting January 20. He arrives from The Campus, a collaborative exhibition space in upstate New York, and previously held senior roles at Hauser & Wirth and Andrew Kreps, with early career experience at Documenta and KW Institute for Contemporary Art in Berlin. His hiring follows several high-profile departures from Pace, including senior vice president Jessie Washburne-Harris to White Cube and artist Yoshitomo Nara to David Zwirner.

8 artists poised to break out in 2026

Artnet News asked four curators and four art advisors from around the world to each select one artist they believe is poised to break out in 2026. The article profiles the first two of eight artists: Indonesian artist Bagus Pandega, known for kinetic plant-based installations, who has had solo shows at Kunsthalle Basel and Swiss Institute New York; and Max Hooper Schneider, a Los Angeles-based artist creating aquarium-like works blending organic and artificial materials, recently exhibited at 125 Newbury gallery in New York.

8 standout art books to gift and keep this season

The article highlights eight standout art books recommended for gifting this season, covering a range of topics from architectural deep dives and contemporary art to fashion histories and experimental catalogs. Featured titles include "All of Us Stars: Bobby Busnach," a photo book capturing the gritty glamour of 1970s Upper West Side nightlife, and "Christopher Wool: See Stop Run," an exhibition catalog documenting Wool's unconventional 2024 show in a Manhattan office tower. Other books span monographs, boundary-pushing catalogs, and fashion histories, each offering unique perspectives on visual culture.

art collaboration kyoto director to depart tap

Yukako Yamashita will step down as director of Art Collaboration Kyoto (ACK) after leading the fair since 2022. The four-day event, which concluded at the Kyoto International Conference Center, featured 72 galleries from 19 countries and regions, with 29 Japan-based galleries hosting 30 international galleries in shared booths—its largest edition yet. Highlights included Annely Juda Fine Art's sale of three David Hockney works and Kurimanzutto selling 75 percent of its solo booth with artist WangShui. The fair also launched the Bangkok Collaborate Kyoto Fellowship, awarding WangShui and Takuro Tamayama a residency in Bangkok. ACK will return November 6–9, 2025.

christine sun kim gallery hyundai john tain industry moves

This ARTnews industry moves column reports several key personnel and representation changes in the art world. Christine Sun Kim has joined Gallery Hyundai, a Seoul-based gallery, and will show at Art Basel Miami Beach. Yoshitomo Nara has moved to David Zwirner while maintaining his relationship with Pace. John Tain has been named Director of Curatorial Affairs at the Carnegie Museum of Art, and Galatea now represents Gabriella Marinho. Chris Sharp has added the duo CrossLypka to his roster. Separately, climate activist Timothy Martin received an 18-month prison sentence for damaging a Degas sculpture at the National Gallery of Art, and the Philadelphia Museum of Art faces turmoil after a rebranding backlash that led to director Sasha Suda's dismissal.

david zwirner yoshitomo nara artist representation

David Zwirner gallery announced it will now officially represent Japanese artist Yoshitomo Nara, with his first solo exhibition planned at Zwirner's New York space. The representation deal was brokered through Nara's international agent Joe Baptista and his Equivalence Art Agency. Baptista was previously a partner at Pace Gallery, Nara's longtime representative, and his departure from Pace had not been publicly announced. Nara was also long represented by Blum Gallery, which closed earlier this year after its final Nara show in Los Angeles. Pace Gallery CEO Marc Glimcher expressed surprise but said Pace will continue to have a relationship with the artist.

from artemisia gentileschi in paris to yoshitomo naras u k debut 9 must see european museum shows in 2025

Artnet News highlights nine must-see European museum exhibitions opening in 2025, spanning from Amsterdam to Zurich. Featured shows include Noah Davis's first U.K. museum survey at the Barbican in London, a dual Anselm Kiefer exhibition at the Van Gogh Museum and Stedelijk Museum in Amsterdam, Tracey Emin's first major Italian retrospective at Palazzo Strozzi in Florence, and a dedicated Artemisia Gentileschi show at Musée Jacquemart-André in Paris. Other notable exhibitions cover Marlene Dumas, Yayoi Kusama, and Yoshitomo Nara, among others.

art industry news october 9 2019

Sotheby’s Hong Kong concluded its fall auction series with a robust $426 million total, headlined by a record-breaking $25 million sale for Yoshitomo Nara. Amidst this market momentum, Nara’s upcoming LACMA retrospective was announced to travel to Shanghai’s Yuz Museum. Meanwhile, the New York art scene is bracing for major institutional milestones, including the Metropolitan Museum of Art’s 150th-anniversary plans and the imminent public opening of MoMA’s $450 million expansion.

top artists auction 2025

The article reports that the top tier of the art auction market rebounded strongly in 2025, with the ten most expensive lots totaling $757.1 million, a 48% increase from 2024. Gustav Klimt became the top-selling artist, driven by the sale of his *Portrait of Elisabeth Lederer* (1914–16) from the collection of the late Leonard Lauder, which was the most expensive artwork of the year. The rankings saw significant shifts: René Magritte, the top artist in 2024, fell to sixth place, while blue-chip names like Pablo Picasso, Andy Warhol, and Jean-Michel Basquiat strengthened their positions. Notably, no women or living artists appeared among the top 20 sellers in 2025, a reversal from the previous year when Yayoi Kusama and Joan Mitchell were present.

forget blue chip art its a red chip art world now

The article introduces and defines the concept of "red-chip art," a new category of art collecting that rejects traditional art-historical reverence in favor of aesthetics rooted in street art, graffiti, super-flat cartoons, multi-colored chrome, and crypto culture. It describes red-chip collectors as mysteriously affluent millennials, techies, hip-hop visionaries, and crypto aspirants who gravitate toward artworks that resemble toys, limited-edition dolls, NFTs, and memecoins, often consumed at venues like the Eden Fine Art gallery at the Wynn in Las Vegas or parties during Art Basel Miami Beach. Key artists associated with this movement include KAWS, George Condo, Virgil Abloh, Tom Sachs, Alex Israel, Damien Hirst, Harmony Korine, Yoshitomo Nara, and Banksy, with Jeff Koons and Takashi Murakami seen as transitional "purple chip" figures.

state of play asia art world news may 22

This edition of State of Play, part of Artnet Pro's Asia Pivot newsletter, reports on recent developments across Asia's art world. Taipei Dangdai Art and Ideas and Art Busan both concluded with slower sales and reduced attendance, citing economic and geopolitical uncertainty. Meanwhile, Art Basel announced a new fair in Doha for February 2026, and more Asian galleries are opening spaces in New York. In institutional news, philanthropist Yan Du is launching Yan Du Projects in London, the Simose Art Museum in Japan is hosting its first contemporary exhibition, and the Smithsonian's National Museum of Asian Art has repatriated looted Zidanku Silk Manuscripts to China.

paint drippings art industry news mar 10

This week's art industry roundup covers NADA New York's 11th edition with 111 galleries at a new venue, the Starrett-Lehigh Building, and Photo London's 10th edition at Somerset House with 99 exhibitors. In auctions, Sotheby's London saw a Yoshitomo Nara work sell for £9.03 million, while Christie's achieved £10 million for René Magritte's 'La reconnaissance infinie' and over £3.3 million for a Nazi-looted Egon Schiele drawing, plus $728,784 in its first all-A.I. auction. Galleries saw moves including Charles Moffett's new Tribeca space, Lisson Gallery representing Tishan Hsu, and Mika Yoshitake joining Blum as senior curatorial director. Museums and institutions feature the opening of Khao Yai Art Forest in Thailand with works by Louise Bourgeois, and the J. Paul Getty Trust appointing Kelly S. Moody as vice president.

This month’s blockbuster auctions in New York could bring upwards of $2.5bn

This month's May auctions in New York are projected to generate between $1.8 billion and $2.6 billion across Christie’s, Sotheby’s, Phillips, and Bonhams. Major highlights include the estates of legendary dealers Marian Goodman and Robert Mnuchin, with top lots such as Gerhard Richter's *Kerze (Candle)* (est. $35m–$50m) at Christie's and Mark Rothko's *Brown and Blacks in Reds* (est. $70m–$100m) at Sotheby's. Additional offerings include works from the late S.I. Newhouse collection, featuring Jackson Pollock's *Number 7A* and Constantin Brâncuși's *Danaïde*, each estimated at $100m, as well as pieces from the collections of Agnes Gund and Marilyn Arison.

'Trusting that first reaction is important': Nacho Polo and Robert Onuska on the process of collecting

Nacho Polo and Robert Onuska, co-founders of the design gallery Studiotwentyseven, discuss their art collection in an interview with The Art Newspaper. Housed in their Tribeca apartment, the collection spans painting, sculpture, and photography with an emphasis on materiality and sculptural form. They recount their first acquisition—Ron Gorchov's *Autolykos* (2019)—and their most recent purchase, Alex Katz's *Nine Women 5* (2009). The couple also shares their instinctive buying process, a regret over missing a Nick Cave sculpture, and their anticipation for the Jean and Terry de Gunzburg collection at Sotheby's this spring.

yoshitomo nara haze days christies london 2025

Christie’s will offer Yoshitomo Nara’s painting "Haze Days" (1998) at its 20th/21st century evening sale in London on October 15, with an estimate of £6.5 million–£8.5 million ($8.7 million–$11.4 million). The large-scale work comes to auction shortly after Nara’s retrospective at London’s Hayward Gallery, his first UK institutional solo show. The painting was previously consigned to Sotheby’s in 2023 with an $18 million estimate but was withdrawn before sale.

yoshitomo nara hayward gallery london 2025

The first U.K. public institutional solo exhibition of Japanese artist Yoshitomo Nara opened at London's Hayward Gallery in June 2025, featuring over 150 works spanning four decades. The retrospective includes paintings, drawings, sculptures, and installations, such as the large-scale painting "I Want to See the Bright Lights Tonight" (2017), which sold for $12.3 million at Sotheby's Hong Kong. Notable visitors include artist Takashi Murakami and collector RM of BTS. The exhibition runs through August 31.

Time Magazine’s 100 Most Influential List Includes Artist Cao Fei and Photojournalist Lynsey Addario

Time magazine has named artist Cao Fei and photojournalist Lynsey Addario to its 2026 list of the 100 most influential people in the world. Cao Fei is recognized for her multidisciplinary work exploring digital technology and modernity, while Addario is honored for her decades of courageous reporting from global conflict zones, including her Pulitzer Prize-winning coverage of the war in Ukraine. The list also acknowledges prominent art patrons Susan and Michael Dell.

christies anime manga new york sale

Christie’s is launching its first New York auction dedicated to Japanese anime and manga, titled "Anime Starts Here: Japanese Subculture Reimagines Tradition." Scheduled for March 18–31 during Asian Art Week, the online sale features over 40 lots including original production cels from Hayao Miyazaki’s films, manga drawings by Tezuka Osamu, vintage Godzilla posters, and Hokusai prints. Most items are priced accessibly, with many estimates falling below $3,000.

yoshiko mori former chair mori art museum died 85

Yoshiko Mori, the founding chairperson of Tokyo's Mori Art Museum, died on December 23 from pneumonia at age 85. Alongside her husband, real estate developer Minoru Mori, she opened the museum in 2003, which has since become one of Japan's premier contemporary art institutions. Mori served as chairperson from 2003 to 2024, then as chairperson emerita until her death. She also founded the Mori Contemporary Art Foundation in 2025 and held numerous international board positions, including trustee at the Royal Academy of Arts and member of the International Council at MoMA and Tate.

art dealer provocative solution poaching problem

Art dealer Wendi Norris of San Francisco has introduced buyout clauses in contracts with her artists, borrowing a strategy from professional sports. If an artist leaves for a mega-gallery like Gagosian, Hauser & Wirth, Pace, or David Zwirner, Norris receives financial compensation—such as the right to purchase works at her original prices for potential resale. This practice aims to address the widespread problem of poaching, where larger galleries lure rising artists away from the smaller dealers who nurtured their careers, often causing financial and emotional strain.

blum a market force for three decades will close galleries

Blum gallery, a powerhouse with locations in Los Angeles and Tokyo, is closing its brick-and-mortar operations after 31 years. Founded as Blum and Poe in 1994, the gallery laid off most of its staff and will transition to a flexible studio model with no permanent public space or formal artist roster. The gallery represents high-profile artists including Yoshitomo Nara and Mark Grotjahn, whose works have sold for over $10 million. Co-founder Jeff Poe left the partnership two years ago, leaving Tim Blum in control alongside managing partner Matt Bangser.

art basel 2025 major works sales

Art Basel 2025 opened in Basel, Switzerland, with nearly 300 leading galleries showcasing high-value artworks despite a turbulent art market. Major works include a Gerhard Richter abstraction (1987) at David Zwirner, priced around $30 million, a Ruth Asawa hanging sculpture sold for $9.5 million, and Picassos at Pace and Helly Nahmad Gallery, with the latter's *Femme nue couchée jouant avec un chat* (1964) listed at $28 million after fetching $21.2 million at auction two years ago. The fair runs through Sunday, offering rare opportunities to view and purchase blue-chip pieces.

state of the art market trophy lots and the new competitive auction landscape

The article examines the growing financialization and opacity of the fine-art auction market, highlighting how auction houses like Christie's and Sotheby's have made it increasingly difficult for outsiders to understand true demand for individual lots. It details how buyer's premiums, guarantees, and irrevocable bids (third-party guarantees) obscure the actual bidding dynamics, with only a small group of wealthy financiers and intermediaries having clear insight into the market's inner workings.

This influential L.A. collector bought the artists no one else would. The art world is finally catching up

Eileen Harris Norton, a foundational figure in the Los Angeles art scene, is being celebrated with a major exhibition of her collection at Hauser & Wirth. The show, "Destiny Is a Rose: The Eileen Harris Norton Collection," features over 80 works, many from her home, highlighting her five-decade commitment to collecting artists who were often her friends and neighbors, particularly women, artists of color, and Southern California-based artists.

pace prints heads to hollywood

Pace Prints is expanding its operations to Los Angeles, with plans to open a new production facility and small gallery space this fall. Unlike a standard gallery expansion, the Hollywood location will prioritize providing West Coast artists with a dedicated environment for long-term experimentation in printmaking. The move coincides with the publisher's debut at Frieze Los Angeles, featuring a roster of local and international artists including Jonas Wood and Hilary Pecis.

picasso christies hong kong industry moves

Christie's Hong Kong is offering Pablo Picasso's 1944 painting *Buste de femme* with a high estimate of HK$106 million (about $13.6 million) at its 20th/21st Century evening sale, making it the top lot in Hong Kong's September sales across the three major auction houses. Other notable lots include Zao Wou-Ki's *7.3.63* (estimate HK$70–90 million) at Christie's and two Yoshitomo Nara works at Sotheby's and Phillips. In other industry moves, New York's Tilton Gallery is closing after its upcoming Ruth Vollmer exhibition; Esther Schipper Gallery now represents Lotus L. Kang; Başak Doğa Temür and Nilbar Güreş will collaborate on the Turkish Pavilion at the 2026 Venice Biennale; Yan Du Project has appointed Billy Tang as artistic director; and Phillips will auction a juvenile triceratops skeleton in New York.

tim blum unplugs from the gallery machine

Tim Blum, co-founder of the influential Blum & Poe gallery, is stepping away from the traditional gallery model after more than 30 years. He told ARTnews that the decision was driven by burnout with the relentless cycle of art fairs, openings, and obligations, not by financial strain. His Tokyo and Los Angeles locations will close after summer exhibitions, and a planned New York space may not open as a conventional gallery. Blum will instead pursue a more flexible model involving special projects and collaborations, while continuing to buy and sell art personally.

After 14 years with Pace, Yoshitomo Nara's work now represented by David Zwirner

Japanese artist Yoshitomo Nara, renowned for his kawaii-inspired paintings and sculptures, has switched gallery representation from Pace Gallery to David Zwirner after 14 years. David Zwirner, which has locations in New York, Hong Kong, London, Los Angeles, and Paris, will hold its first solo exhibition with Nara at an unspecified future date in New York. Nara will continue to work with his international agent, Equivalence Art Agency, and Pace Gallery will maintain a relationship with the artist. Nara's career includes major solo shows at institutions like the Albertina Modern in Vienna, the Hayward Gallery in London, and the Los Angeles County Museum of Art.

Phillips' Priority Bidding drives 100% sell-through at Hong Kong evening sale, totalling US$20.5m

Phillips achieved a 100% sell-through rate at its Modern and Contemporary Art Evening Sale in Hong Kong on 27 September, totaling nearly HK$160 million (US$20.5 million). All 20 lots sold, with six works exceeding HK$10 million. The top lot was Yoshitomo Nara's *Pinky* (2000), which sold for HK$56.64 million (US$7.2 million) after its estimate was lowered from HK$60–80 million to HK$35–55 million. The sale was the first major test of Phillips' new Priority Bidding (PB) system, which offers a reduced buyer's premium to collectors who place written bids at or above the low estimate at least 48 hours before the auction. Seven lots were withdrawn and several estimates revised downward ahead of the sale, contributing to the white-glove result.