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ifpda print fair 2026 sales attendance drawings expansion

The 2026 IFPDA Print Fair concluded at the Park Avenue Armory with record-breaking attendance of over 21,000 visitors and robust sales across various price points. This edition marked a significant pivot for the fair following its formal expansion to include drawings dealers, rebranding as the International Fine Prints and Drawings Association. Notable sales included a sold-out edition of Cecily Brown etchings at Two Palms and six-figure works by David Hockney and Rashid Johnson at Galerie Maximillian.

ifpda print fair expands drawings dealers 2026

The International Fine Print Dealers Association (IFPDA) is expanding its annual print fair to include drawings dealers, rebranding as the International Fine Prints & Drawings Association. The 2026 edition, running April 9–12 at New York's Park Avenue Armory, will feature 77 exhibitors, including new drawings-focused member Sigrid Freundorfer Fine Art and returning dealers like Crown Point Press and Hauser & Wirth. The change follows a membership vote and legal restructuring, driven by record attendance of over 21,000 visitors at the 2025 fair and a 57% jump in VIP registrations, fueled by Gen Z and millennial collectors.

photo london photography market sales

The tenth edition of Photo London opened at Somerset House, marking a decade of growth for the UK's largest photography fair. The fair, running through May 18, has become a key event for the photography market, which has shown resilience despite broader art market declines. While global auction sales for photography dropped 5.6% in 2024 to $59 million, this was far less severe than the 27% overall art market decline, and sales volumes remained near record highs. New director Sophie Parker and cofounder Michael Benson highlighted growing interest from young collectors, though challenges remain as established galleries face an aging collector base and market uncertainty.

Art Basel Curbs Pre-Fair Sales—and More Art Industry News

Art Basel has launched a "Basel Exclusive" initiative to curb pre-fair PDF sales, encouraging galleries to withhold works from previews to drive in-person discovery at its flagship Swiss event (June 16–21). Around 170 of 232 exhibitors have opted in. Meanwhile, Volta returns to Basel with a new "5,000 Edit" section for works under CHF 5,000 to attract younger collectors, and the alternative fair Esther will hold its third edition in New York during Frieze Week. In other news, Sotheby's set a U.S. record for design auctions with the Jean and Terry de Gunzburg collection totaling $96 million, and billionaire collector Mitchell P. Rales pledged $116 million to the National Gallery of Art to fund loans to smaller museums. The Smithsonian American Art Museum named Lynda Roscoe Hartigan as its new director, and Gladstone Gallery plans a new Seoul space for 2026.

new york fair 2025 new buyers sales

Independent 20th Century, a New York art fair held September 4–7 at Casa Cipriani, reported that 74% of buyers were new clients of participating dealers, with 100 works sold—up from 87 in 2024. The highest sale was Ilya Kabakov's *Colourful Noise #2* for $650,000 at Galerie Brigitte Schenk, a 65% increase over last year's top sale. Nine of 30 exhibitors sold out their booths, and institutions acquired 18 works, compared to three in 2024. The fair also announced its 2026 edition will move to Sotheby's new headquarters in the Breuer building, marking a first-of-its-kind collaboration between a contemporary art fair and an auction house.

design market report 2025 auction results tiffany lalanne

Amid a sluggish broader art market, the design category is surging. Major auction houses—Sotheby’s, Christie’s, and Phillips—held design sales in early June 2025 that far exceeded expectations. Sotheby’s New York design sales totaled $37.5 million, Christie’s $23.6 million, and Phillips $4 million, representing a 62.3 percent year-on-year increase across all three houses. Notable highlights include the Goddard Memorial Window by Tiffany Studios, which sold for $4.29 million, the second-highest price for a Tiffany window at auction. The sales attracted many new buyers, with Sotheby’s and Phillips reporting over 20 percent of buyers were new to the houses.

dyala nusseibeh director of abu dhabi art on the gulf market a hugely important chapter ahead of us

Abu Dhabi Art Fair returns for its 17th edition from November 19–23 on Saadiyat Island, featuring 140 galleries from 35 countries—up from 104 last year and 40 in 2009. Under director Dyala Nusseibeh, the fair introduces new thematic sectors including 'The Collectors Salon' for historical objects, an expanded 'Emerge' section for works under $3,000, and a Global Focus highlighting modern masters from Nigeria and Türkiye. The growth reflects Abu Dhabi's broader cultural strategy of ambitious development, with museums long in the works finally opening and attracting global attention.

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.

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.

for asias art market 2025 has been about rapid fire change

Art Basel has concluded and the London sales have wrapped, marking a busy first half of 2025 for Asian art markets despite economic uncertainties and geopolitical challenges. New players and trends have emerged: international auction houses aligned their Hong Kong sales with Art Basel Hong Kong for the first time, South Asian art has had a banner year at auction and in institutions, and West Asia is rising with Sotheby's inaugural sale in Saudi Arabia and Art Basel's planned Qatar fair. Asian galleries are expanding into Western capitals, while Western galleries are picking up Asian talent, such as Korean artist Anna Park joining Lehmann Maupin and Rim Park partnering with Kraupa-Tuskany Zeidler. Japanese artist Yu Nishimura had his first U.S. solo show at David Zwirner, and the Labubu plush toy by Kasing Lung became a pop culture sensation.

art collector tia tanna london young collectors

Tia Tanna, a 24-year-old London-based collector and curator who serves on Tate's photography acquisitions committee, discusses her collecting journey in an interview with Cultured. She began collecting with a Sterling Ruby ashtray and now actively builds a collection that includes Middle Eastern contemporary art, textiles, fashion photography, and couture. Her father sparked her interest by starting a collection on her behalf when she was a child, and she now manages around 70 loans for exhibitions.

A centenary of style: why Art Deco's market appeal is evergreen

Art Deco, the French-led Modernist style that flourished between the world wars, is experiencing a centenary peak this autumn. A major exhibition at Paris’s Musée des Arts Décoratifs, titled "1925-2025: One Hundred Years of Art Deco" (through April 2026), leads institutional celebrations, with smaller shows at the Musée Zadkine and Cité de l’Architecture et du Patrimoine, and a poster survey at the London Transport Museum. The style is also prominent on the art fair circuit: Eileen Gray’s Dragon armchair (1917-19) was redisplayed at FAB Paris, Galerie Jacques Lacoste featured a Deco stand at PAD London, and focused presentations are planned at Salon Art + Design in New York. Galleries like Galerie Marcilhac are expanding, with a new Paris space and plans to showcase Deco designers at upcoming fairs.

How the wealth transfer from Boomers to their children will shake up the art market

The article examines how the transfer of wealth from Baby Boomers to younger generations is reshaping the Australian art market. As Boomers downsize or pass away, their tightly held collections—featuring artists like Grace Cossington Smith, Howard Arkley, and Brett Whiteley—are entering auction houses, creating rare buying opportunities. Meanwhile, younger collectors (Gen X, Millennials, Gen Z) face economic uncertainty, leading to a softening in the ultra-contemporary market and a decline in NFTs. New models of online and agency representation are bypassing traditional galleries, and galleries themselves are undergoing generational change, with some closing and others like Ames Yavuz and D'Lan Contemporary expanding.

art fairs luxury collaborations 2025 market

In 2025, art fairs and auction houses have deepened their integration with luxury brands, with Sotheby's and Christie's reporting that luxury items like handbags, jewels, and watches now account for a significant share of revenue—roughly a third at Sotheby's, with private luxury sales surging 350% year-on-year. Art fairs such as Frieze London and Art Basel's global editions have moved beyond traditional sponsorship, embedding luxury partners like Tiffany & Co., Ray-Ban, Stone Island, and De Beers into curated sections, mentorship programs, and immersive installations. Industry figures like Marc Spiegler and Emily Glazebrook emphasize that the most successful collaborations prioritize artists over brands, with initiatives like UBS's Unlimited sector and the Chanel Culture Fund serving as models.

At Art Basel Hong Kong, More Collectors Are Buying With Purpose

Art Basel Hong Kong 2026 opened with a renewed sense of optimism, featuring 240 galleries and a significant emphasis on the Asia-Pacific region. The VIP preview saw a surge in attendance primarily from regional collectors across mainland China, Taiwan, Korea, and Southeast Asia, signaling a robust recovery for the local market. While international travel remains a factor, the fair's success is increasingly driven by a localized ecosystem of younger collectors and long-term public investments in cultural infrastructure like the M+ museum.

Heists, Records, and Robots. A Subjective Summary of the Art World in 2025.

The article reviews the art world in 2025, highlighting a mixed year of declining sales values and cautious buyers, yet punctuated by record-breaking auctions and dramatic events. Fine art auction sales in the first half of 2025 totaled $4.7 billion, an 8.8% drop from 2024, with the average lot price falling to a decade-low of $24,224, indicating a shift toward lower-value works and younger collectors. Major sales included Gustav Klimt's Portrait of Elisabeth Lederer, which sold for $236 million at Sotheby's, becoming the second most expensive artwork ever auctioned, and Frida Kahlo's El sueño, which set a new auction record for a female artist at $55 million. The market was also unsettled by U.S. trade tariffs and economic uncertainty, while a daring heist and debates around AI art captured public attention.

Global Art Market Report 2024–2025

The global art market saw total sales of $57.5 billion in 2024, a 12% decline year-on-year, marking the second consecutive annual drop. Transaction volumes rose 3% to about 40.5 million, driven by works under $50,000 which made up 85% of dealer sales. Sotheby's and Christie's together accounted for roughly half of global fine-art auction turnover, though both saw significant auction revenue declines. The United States led with 43% of global sales, while China's market share fell to 15%, its lowest since 2009. Online art sales grew to 18% of total value, and new buyer momentum was strong, with 44% of dealer buyers being new and 91% of high-net-worth collectors optimistic.

david zwirner loewe cultured 2025 young collectors

David Zwirner, Loewe, and Cultured magazine co-hosted a summer party at David Zwirner's Los Angeles gallery to celebrate the release of the magazine's 2025 Young Collectors list. Guests enjoyed mint- and cucumber-infused drinks, browsed the new Art + Food issue, and previewed Marcel Dzama's exhibition "Empress of Night," on view through August 8. The event drew a crowd of art, fashion, and media insiders, including collector Ben Weyerhaeuser, philanthropist Claudia Kahn, interior designer Jamie Bush, and artists Christina Quarles, Julien Nguyen, Hilary Pecis, and Richard Hawkins. Attendees left with tote bags containing copies of the magazine featuring a limited-edition cover by Lisa Yuskavage.

art market mugrabi nahmad kenny schachter

Kenny Schachter critiques the art market's doomsaying media narrative, coining the acronym Salsa (Scribes Always Love Sensational Apocalypse) to describe clickbait-driven hype. He contrasts current market anxieties with past downturns, notably the 1991-1996 recession when the market evaporated, citing a 1991 Roberta Smith article. Schachter observes that the Nahmads and Mugrabis, once feuding families, now invest together, and he recounts his experience at Phillips during his "Hoarder 6" exhibition, where young collectors showed genuine interest. He argues that the market, though wounded, remains healthy and calls for a less transactional, more patient approach to selling art.

Online-Only Art Auctions Overwhelmingly Succeed in 2025

A new report from Artnet reveals that online-only auctions at Sotheby’s, Christie’s, Phillips, Bonhams, and Artnet Auctions generated $423.9 million in 2025, an 8% increase from 2024. The average price of artworks sold online also rose 8.6% to $14,309, with some platforms like Fair Warning finding success through hyper-specific sales, such as one centered on Andy Warhol’s 1974 portrait of Brigitte Bardot. Christie’s reported that 63% of new buyers made their first purchase online in 2025, where the average price point was $22,700.

Anna Ridler x Sofia Crespo win the Artist of the Year at ABS Digital Art Prize 2025.

Anna Ridler and Sofia Crespo have won the Artist of the Year award at the ABS Digital Art Prize 2025, recognizing their collaborative work combining analog photography and AI to explore nature and technology. The Emerging Artist of the Year category, introduced this year, was awarded to Cezar Mocan for his artwork "World Upstream," a real-time simulation that intersects contemporary art, game design, and media theory. The prize, established by Arab Bank Switzerland, received over 120 applications from 38 countries for the emerging category, and winners receive networking opportunities and a solo show or exhibition at a cultural institution within 12 months.

How much should art cost? The pitfalls and paradoxes of pricing works

The article examines the current state of the art market, which is in its third consecutive year of contraction. It traces how low interest rates fueled speculative price inflation, leading to a boom in ultra-contemporary art that has now burst, with collectors shifting toward Old Masters. Dealers like Larry Gagosian are now advocating for lowering primary market prices, while private sales stall due to sellers' 'anchoring' to peak valuations. The piece highlights the disconnect between high prices and long-term value, using examples such as auction records being manipulated (e.g., Patrick Drahi's anonymous bidding on a Francis Bacon triptych) and the reality that most artworks in even celebrated collections depreciate.

Time for a survey? New programme provides museums with advice on long-term sustainability

Verge, a human-resources and recruiting agency, has launched a new membership program offering museums and art organizations a proprietary employee survey called the Workplace Advancement Instrument (WAI). The survey assesses organizational health across areas like communication, compensation, retention, and psychological safety. Members receive results, access to workshops, and an annual benchmarking report, with early adopters including the Dia Art Foundation, Corita Art Center, Helen Frankenthaler Foundation, and Denniston Hill. The program costs $5,000 per year and grew out of Verge's recruitment work, which found that many arts workers of color were leaving jobs due to unsupportive workplace cultures.

BRAFA 2026: the art market heats up from the opening

The 71st edition of BRAFA art fair in Brussels opened with strong sales, signaling a promising start to the 2026 art market. During the first three invitation-only days, major works were sold by galleries including Greta Meert, which placed a €500,000 Enrico Castellani, and Mulier Mulier Gallery, which sold a Tom Wesselmann for €80,000. Other notable sales include a Kim Tschang Yeul work at Boon Gallery, a Renoir painting at Stern Pissarro, and a James Ensor piece at Patrick Derom Gallery. The fair features 147 exhibitors and has attracted loyal collectors, with many galleries reporting multiple red dots and strong interest from younger buyers.

Mumbai Gallery Weekend looks beyond the city's historic art district

The 14th edition of Mumbai Gallery Weekend (MGW) is underway, running until January 12, and for the first time appoints co-leads from galleries outside the city's historic art district of Colaba and Fort. Ayesha Parikh of Art and Charlie (Bandra) and Sanjana Shah of Tao Art Gallery (Worli) helm the event, reflecting the geographic expansion of Mumbai's art scene into western suburbs and financial districts. The weekend features ambitious exhibitions, including a solo show of terracotta works by Chippa Sudhakar at Tao and a group show curated by Zeenat Nagree at Art & Charlie. MGW, co-founded in 2012 by Shireen Gandhy and other South Mumbai galleries, has grown from nine to 33 participating galleries, and now includes the Midtown Arts Collective, which represents galleries from Worli, Lower Parel, and Bandra.

Hollis Taggart to open gallery on New York’s Lower East Side for emerging artists

New York dealer Hollis Taggart is opening a second gallery location on the Lower East Side, named Hollis Taggart Downtown, dedicated to emerging and mid-career contemporary artists. The inaugural exhibition, "Boundless," opens May 17 and features ten artists including Osamu Kobayashi, Katherine Boxall, Kelly Worman, and Joanne Greenbaum. The space, at 109 Norfolk Street, is a partnership with longtime employees Paul Efstathiou and Eleanor Flatow. The move comes as the gallery nearly doubled its Chelsea space in 2023, despite a market downturn.

christies london dalloul collection sale 2025 results

Christie’s London achieved £4.1 million ($5.2 million) in a sale of modern and contemporary Middle Eastern art on November 6, with a 93% sell-through rate by value and 85% by lot. The sale featured 21 works from the Dalloul Art Foundation (DAF), part of the collection built by Ramzi Dalloul and Saeda El Husseini Dalloul over 55 years. Standout lots included Saloua Raouda Choucair’s *Poem* (1966–68), which sold for £393,700 ($500,000)—tripling its estimate and setting a world auction record for a wood artwork—and Sliman Mansour’s *Untitled* (2014), which fetched £323,850 ($411,000) after intense bidding. Seven artist records were set, with 38% of buyers new to Christie’s and 21% millennials.

New Museum extension opens, NextGen collectors, a Wardian Case in Oxford – podcast

The New Museum in New York has opened a major new extension designed by architects Shohei Shigematsu and Rem Koolhaas of OMA. The expansion is inaugurated with a new exhibition titled "New Humans: Memories of the Future," curated by the museum's artistic director Massimiliano Gioni.

Why former Sotheby's chief executive Tad Smith is bullish on blockchain art

Former Sotheby's CEO Tad Smith, who led the auction house from 2015 to 2019, has emerged as a prominent supporter of blockchain art. The article traces his connection to artist Robert Alice, who first encountered Smith while working as a porter at Sotheby's. Alice, a pioneer in NFT art, sold the first NFT through a major auction house at Christie's in 2020. Now, his blockchain-based painting BLOCK 1 (24.9472° N, 118.5979° E) from the Portraits of a Mind series is being offered at Sotheby's with an estimate of $600,000 to $800,000. Smith, who owns another work from the series, is not the consignor or guarantor but expresses hope the sale will promote Alice's work, Bitcoin, and Sotheby's, particularly among younger generations.

'Age alone does not guarantee value': Thomas S. Kaplan is showing his Dutch Old Master collection in US for first time

Collector Thomas S. Kaplan and his wife Daphne Recanati Kaplan are bringing their Leiden Collection, one of the world's largest private holdings of 17th-century Dutch art, to the US for the first time. Around a third of the collection's 220-plus works will be shown in "Art and Life in Rembrandt’s Time: Masterpieces from The Leiden Collection" at the Norton Museum of Art in West Palm Beach from 25 October 2025 to 29 March 2026. Kaplan is also in discussions to fractionalise the collection into shares and float it as an IPO.