LONDON — The art market is a notoriously opaque business. And over the past couple of years the highly speculative trade in emerging artists has given off plenty of heat. In 2014, recently made works by young abstract painters like Oscar Murillo, Lucien Smith, Alex Israel, Mark Flood and Christian Rosa were being “flipped” at […]
This was the controversial suggestion of a recent survey. We asked its author and four art-world figures to comment. A Twitterstorm erupted in the US last month over the findings of survey of 8,000 art galleries based in the US, UK and Germany. Cultural researcher and Larry’s List co-founder Magnus Resch found (no surprise here […]
LONDON — The international art market is gearing up for a hectic autumn of auctions and fairs. Trading conditions could be challenging. Shanghai’s Composite Index of Shares has lost more than 35 percent of its value since June, destabilizing stock markets across the world. Slowing growth in China has depressed oil and commodity prices, tipping […]
As the largest generation in the U.S labor force, according to the Wall Street Journal, and a generation of consumers that are on track to spend $1.4 trillion annually by 2020 and inherit $30 billion in the coming years, according to the New York Times, it’s no wonder businesses are catering to millennial buyers. Coined by […]
Are you a newly-minted tech millionaire with cash to burn and an urge to start an art collection? If so, you’re the unicorn that every art dealer in America is hoping to take for a ride. Why else would mega-galleries like Gagosian, Pace, and David Zwirner be making it out to the Seattle Art Fair this summer? They’re looking to […]
For decades, art advisers were a small club of professionals who personally helped build collections for clients, using their scholarship and connoisseurship. Their role was to consult and offer expertise, rarely to make deals. But the rapidly changing art market — characterized by soaring prices, high fees and a host of wealthy new buyers from […]
Marc Quinn’s last London show, five years ago, featured figurative sculptures of defiantly non-Classical subjects including pregnant men, women with penises and a lady called Chelsea Charms who apparently has the dubious honor of possessing the largest breasts on planet earth (although the fickle nature of this kind of fame means she may no longer […]
LONDON — Marc Quinn led the way through his East London studio late last month, past a marble sculpture of a fetus, a photorealist painting of raw meat and a bronze statue of Kate Moss in a yoga position. Entering his workroom, he casually walked over distorted three-dimensional canvases of seascapes strewn across the floor. […]
Global companies with an eye on the bigger picture invest in contemporary creations. Just beyond the turnstiles of Deutsche Bank’s London reception sits a large object resembling several huge dollops of creamy Plasticine. As the viewer comes close, it turns out to be a sculpture made entirely of dice. “Secretions” (1998) by British artist Tony […]
Throughout his prolific career Byars pursued with tireless curiosity his life-long obsessions with ideal form and a personalized notion of “perfect”. Death and the eternal are related concepts Byars explored in several important performances and sculptures. These recurrent themes are given particularly poignant expression in the works on view at Michael Werner. The Figure of […]
The art market is going from record to record, so why aren’t the auction houses making more money? Sotheby’s reported an unexpected second-quarter decline Friday in part because it lost money on a painting that sold for less than anticipated. The news sent its shares down 7.5 percent to $37.49 in New York on Friday, […]
The common refrain, “It’s the journey, not the destination,” could make a perfect catchphrase for Process Art. A movement that arose in the 1960s and ’70s and has since expanded in definition to describe a general philosophical approach to making art, Process Art places its emphasis on the process and act of artistic creation rather than the […]
Brunelleschi’s Dome, the architectural marvel that is in Florence’s Piazza del Duomo, may be one of the most breathtaking sights you’ll ever encounter. Staging an art exhibition that can successfully compete with a view of that iconic building is a tall order, but Antony Gormley‘s current show, “Human” is up to the challenge. Perched on a hill overlooking […]
Larry Gagosian has built a veritable art sales empire. From humble beginnings as a poster salesman in 1970s Los Angeles, Gagosian has climbed his way to the top. He currently operates 15 spaces in New York, London, Los Angeles, Rome, Athens, Hong Kong, Paris, and Geneva, where he represents some of the biggest names in contemporary […]
This summer, we’re taking a look once again at the top ten British artists over the past ten years. Looking at the artnet Price Database, we kick off with the top artists by lot, and then give a list of artists by value over the same period. Comparing it to last year’s ten-year look at […]
The art business is booming, but many galleries are barely getting by. One German expert thinks he knows the answers. On Tuesday, the highly respected Wallspace gallery in Manhattan’s Chelsea neighborhood announced it would close its doors permanently on Aug. 7. The lease was up, and “it necessitated a reevaluation,” said Jane Hait, who co-founded the space with Janine […]
After 40 years of neglect from critics and abuse from Beatles fans, Yoko Ono, over the past decade, has risen to an almost untouchable position in the art world. In her 2000 show at New York’s Japan Society, Michael Kimmelman writing for the New York Times called her “a mischievous, wry conceptual artist with a […]
Early last March, London’s Conservative mayor Boris Johnson unveiled Hans Haacke’s “Gift Horse,” the tenth commission installed on Trafalgar Square’s Fourth Plinth. Described on the Greater London Authority’s website as a rumination on the “link[s] between power, money, and history,” “Gift Horse” consists of a bronze horse skeleton and a live electronic ticker of the […]
Artnet News Part Two of the top 55 European Galleries is below, including Iceland, Italy, Ireland, Norway, Portugal, Sweden and the UK. Pictured is Nicholas Logsdail, Founder and Director of London’s Lisson Gallery, representing a wide range of significant conceptual artists including: Marina Abramović, Ai Weiwei, Allora & Calzadilla, Art & Language, Cory Arcangel, Broomberg […]
According to Artnet News, Part One of the top 55 European galleries is below: Europe’s cities offer a wealth of contemporary art galleries, making the continent an important destination for art lovers across the world. Those looking to admire both established and leading artists, as well as seek out new and emerging talent, flock to Europe’s top […]