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Kobel's Art Weekly Archive

shortly before Artnet's Annual General Meeting September 2025; photo Stefan Kobel

Kobel's Art Weekly 41 2025

At first glance, there seems to be no end in sight to the demise of galleries. Almine Rech is closing its London gallery and liquidating its UK business, reports Melanie Gerlis in The Art Newspaper (paywall may apply): "The international gallery Almine Rech has closed its space in London's Mayfair and put its UK business into voluntary liquidation. Filings to ... read more

Here we go again: Art Cologne Palma Mallorca beach towel from 2007; photo by Stefan Kobel

Kobel's Art Weekly 40 2025

It's happening again: Art Cologne is making a second attempt in Mallorca. Following my initial report in Monopol and later in Artmagazine, Eileen Kinsella also reports for Artnet: "News of the expansion comes as something of a surprise, but a bright spot nonetheless, as numerous other major art fairs have ... read more

Fine Art Biennale Paris 2025; photo Stefan Kobel

Kobel's Art Weekly 39 2025

The auction results for the Karpidas collection in London are cause for celebration for George Nelson at Artnews: "The Sotheby's sale of British socialite and arts patron Pauline Karpidas's collection blew past its £53 million high estimate on Wednesday night, taking in £100 million (all prices include fees). The “white glove” result—meaning 100 per cent of lots sold—was the highest ... read more

Viennacontemporary 2025; photo Stefan Kobel

Kobel's Art Weekly 38 2025

The crisis in the art market is described in figures in the new Artnet Intelligence Report (PDF). In her analysis contained therein, Katya Kazakina paints a bleak picture: "The art world finds itself in a precarious position as it moves towards the second half of 2025. It seems like not a week goes by without ... read more

DC Open RendezVous Brussels Frankfurt Art Experience; photo Stefan Kobel

Kobel's Art Weekly 37 2025

Relief in New York: According to consistent reports, including those from reputable press outlets, the Armory seems to have gone well. Elisa Carollo reports in the Observer: "American collectors seem to have taken the back-to-school spirit seriously this year, with several dealers reporting a brisk and buoyant first day at the Armory Show. The New York fair—one of the city’s ... read more

RIP Clearing

Kobel's Art Weekly 36 2025

An apocalyptic summer is coming to an end – thankfully. It wasn't just the temperatures across much of Europe that brought bad news. The art market also saw a spate of bad news. The number of Art Basel galleries giving up this year is steadily rising and seems set to increase over the summer.The Clearing Gallery, with locations in New York and Los Angeles (and ... read more