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• Kruso Art's debut auction in Milan achieves strong results with Tullio Crali top lot market-auction

  Kruso Art, the new brand of the auction house formerly known as Art-Rite, held its first auction of Modern and Contemporary Art in Milan on April 17, 2025. The sale featured 95…

• New York's Spring Auction Week Kicks Off with Major Sales at Christie's, Sotheby's, and Phillips market-auction

  The art market week in New York is set to commence on May 12, 2025, featuring a series of fairs and auctions. According to the Art Basel and UBS Global Art Market Report 2025, the…

• Sotheby's to auction Barbara Gladstone's collection in May 2025 market-auction

  Sotheby's has won the competition to auction the collection of legendary gallerist Barbara Gladstone, who died in June 2024 at age 89. The single-owner sale, titled The Collection…

• Air de Paris withdraws from Art Basel 2025 over booth relocation dispute market-auction

  French gallery Air de Paris has announced its withdrawal from the June 2025 edition of Art Basel in Basel, citing a unilateral and penalizing relocation of its booth by the fair's…

• 40 Italian and International Artists Auction Works for Gaza Relief market-auction

  On May 8, 2025, at 7 PM, the Milanese space L.Oc.K will host a charity auction titled '40 artisti per Gaza' to raise funds for humanitarian projects supporting the population of…

• Daniella Luxembourg Collection to Be Auctioned at Sotheby's New York market-auction

  Sotheby's will auction 15 works from the collection of Daniella Luxembourg, a prominent figure in the international art world for over 50 years, at its New York Contemporary…

• Paris Spring Auctions 2025: Christie's and Sotheby's Results market-auction

  From April 8 to 12, 2025, Christie's and Sotheby's held spring auctions for modern and contemporary art in Paris, amassing nearly €90 million. Christie's garnered about €58…

• Prada acquires Versace for €1.25 billion market-auction

  On April 10, 2025, Prada Group finalized the acquisition of Versace from Capri Holdings, which had owned the brand since 2018. The deal is valued at €1.25 billion, with an…

• Villa Caffetto: Brutalist Masterpiece and Art Collection to Be Auctioned market-auction

  Villa Caffetto, a brutalist villa designed by architect Fausto Bontempi (a student of Carlo Scarpa) in Calcinato near Brescia and Lake Garda, is set to open to the public. The…

• Perrotin opens two new galleries in Paris and Dubai, reaching 12 locations market-auction

  Perrotin, the mega-gallery founded by Emmanuel Perrotin, is expanding with two new spaces in Paris and Dubai, bringing its total to 12 locations across nine cities. The Paris…

• Antitrust multa CoopCulture e tour operator per bagarinaggio al Colosseo market-auction

  L'Autorità Garante della Concorrenza e del Mercato ha multato CoopCulture e sei agenzie turistiche quasi 20 milioni di euro per la cattiva gestione dei biglietti al Parco…

• Deloitte Report: Global Art Auction Sales Down 26.2% in 2024 market-auction

  The global art market continued its downturn in 2024, with auction sales falling 26.2% year-on-year, according to Deloitte's annual report 'Il mercato dell’arte e dei beni da…

• Onzea-Govaerts Collection Sells for €10M at Christie's Paris market-auction

  The Onzea-Govaerts Collection, amassed by Belgian couple Joris Onzea and Suzanne Govaerts, sold for €10 million at Christie's Paris on March 27, 2025, exceeding pre-sale…

• How Trade Tariffs Impact the Global Art Market market-auction

  The global art market, valued at approximately $68 billion in 2023, is increasingly affected by trade tariffs and protectionist policies. The United States, United Kingdom, and…

• Artprice Report Reveals 2024 Art Market Contraction at Top, Growth at Low End market-auction

  Artprice has released its 30th Annual Report on the art market in 2024, analyzing over 800,000 auction results. The report shows a 33.5% decline in global auction turnover to $9.9…

• TEFAF Maastricht 2025 Reports Strong Sales and Museum Acquisitions market-auction

  The MECC hosted the 2025 TEFAF Maastricht, which wrapped up on March 20, following early access days on March 13-14 that saw a 15% rise in high-profile visitors. Attendance…

• Leonor Fini works to be auctioned at Millon in Paris on March 25 market-auction

  Millon Auction Group will auction a selection of works by Leonor Fini in Paris on March 25, 2025, as part of a Modern Art session featuring about 200 lots. The sale includes oils,…

• 88% of New Collectors Ready to Donate More to Museums, Avant Arte Report Finds market-auction

  The second edition of Avant Arte's Collector Report, titled 'A New Generation of Patrons,' reveals that 88% of new-generation collectors have both the resources and desire to…

• Christie's London Surrealist Sale Tops £130 Million market-auction

  On March 5, 2025, Christie's London evening auctions achieved over £130 million in sales, boasting a 94% sell-through rate by lot and 97% by value. The 20th/21st Century: London…

• Sotheby's London Evening Sale Kicks Off 2025 Auction Season with £62.7 Million market-auction

  Sotheby's London opened the 2025 auction season on March 4 with its Modern and Contemporary Evening Auction, achieving £62.7 million against a pre-sale estimate of £50.6 million.…

• Print market surges: London Original Print Fair turns 40 as auction sales jump 107% market-auction

  According to the Art Basel and UBS Survey of Global Collecting 2024, the prints and multiples market has seen remarkable growth in the last three years, with high-net-worth…

• Italian Artists Protest 22% VAT on Art, Warn of 'Cultural Desert' market-auction

  An open letter has been addressed to the Italian government by a collective of notable artists, expressing their discontent over the unchanged VAT rate on artworks, which remains…

• Cristiano Collari named head of Pandolfini Milan and rare books department market-auction

  Cristiano Collari, an expert and collector of antiquarian books, has been appointed as the head of Pandolfini's Milan office and director of its Books, Manuscripts and Autographs…

• Christian Levett’s Postwar Italian Art Collection Heads to Sotheby’s London market-auction

  On March 5, Sotheby’s Contemporary Day Auction in London will feature fifteen pieces from the collection of British financier Christian Levett, focusing on postwar Italian art.…

• Christie's to Sell Leonard Riggio's 20th-Century Art Collection in New York market-auction

  Christie's has secured an impressive art collection from Leonard Riggio, the founder of Barnes & Noble, and his wife Louise, with plans for an auction in New York in May 2025. The…

• Gucci and Dior creative directors exit amid luxury sector crisis market-auction

  On February 6, 2025, Kering announced that Sabato De Sarno (born 1983, Naples) has stepped down from his role as creative director of Gucci, a position he held for 18 months.…

• New York Old Master Auctions Fall Short of Expectations in February 2025 market-auction

  The evening sales of Old Master paintings at Christie’s and Sotheby’s in New York on February 5 and 6, 2025, did not meet expectations, with several prominent pieces being…

• Italy Postpones VAT Cut on Artworks, Frustrating Dealers market-auction

  Federico Mollicone, head of the Culture Commission in Italy's Chamber of Deputies, explains why the promised reduction of VAT on art sales was not included in the recent Culture…

• Christie's to Hold First Auction Dedicated to AI-Generated Art in New York market-auction

  Christie's has announced "Augmented Intelligence," the first auction exclusively dedicated to artworks created using artificial intelligence and machine learning. The online sale…

• Finarte opens Naples branch at de Bonart hotel market-auction

  Auction house Finarte, founded in 1959 by Milanese banker Gian Marco Manusardi, has partnered with the de Bonart Naples hotel, part of the Caracciolo Hospitality Group, to…

• Sotheby's inaugural Saudi Arabia auction nets over $17 million with strong local buying market-auction

  Sotheby's first auction in Saudi Arabia brought in over USD 17 million, with more than a third of the items acquired by local buyers. Held in Diriyah, Riyadh, this event followed…

• Sotheby's Saudi Debut: $17M Auction Mixed Results market-auction

  On February 8, 2025, Sotheby's held its first auction in Saudi Arabia, titled 'Origins: Modern And Contemporary Art', in the historic UNESCO site of Diriyah. The sale featured 100…

• Stradivari violin sold for $11.3 million at Sotheby's New York market-auction

  Sotheby's New York sold the Stradivari Joachim-Ma violin for $11.3 million on February 7, 2025, during its Masters Week. The auction lasted only a few minutes and fell short of…

• Artribune and Catawiki Partner for Special Art Auction market-auction

  Catawiki has joined forces with the Italian art publication Artribune to present 'Tributo all'Arte', an auction showcasing a diverse range of artworks from classical to…

• Italian Government Rejects Art Market Reform, Industry Faces Crisis market-auction

  On February 3, 2025, the Italian Chamber of Deputies discussed the Culture Decree Law without including any amendments for art market reform, sparking outrage from industry groups…

• Christie's Paris to auction Onzea-Govaerts collection curated by Axel Vervoordt market-auction

  On March 27, 2025, Christie's will hold a single-owner auction in Paris of the Onzea-Govaerts Collection, curated by designer, antiquarian and collector Axel Vervoordt. The…

• Sotheby's tops auction house rankings in 2024 with $6 billion sales market-auction

  In 2024, Sotheby's led the global auction house rankings with $6 billion in sales, outpacing Christie's, which recorded $5.7 billion, and Phillips at $843 million. On January 23,…

• Alfonso Artiaco Gallery Flees Naples Historic Center Due to Overtourism market-auction

  Galleria Alfonso Artiaco is relocating from Piazzetta Nilo in Naples' historic center back to Palazzo Partanna in Piazza dei Martiri, Chiaia, citing excessive tourism. The gallery…

• Christie's CEO Guillaume Cerutti to Lead Pinault Collection market-auction

  Christie's CEO Guillaume Cerutti will step down on February 1, 2025, to become President of the Pinault Collection and oversee cultural activities for the Pinault family's holding…

• Il Ponte Casa d'Aste chiude il 2024 con fatturato stabile e guarda al 2025 con Millon Auction Group market-auction

  Il Ponte Casa d'Aste ha chiuso il 2024 con un fatturato di €34,8 milioni, simile ai €34,9 milioni dell'anno scorso, riuscendo a vendere l'86% dei lotti. L'arte moderna e…