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Of the ‘strong sales’ promised in the headline, little remains in the trade fair report by Daniel Cassady and Karen K. Ho of Frieze New York for Artnews, apart from the usual reports of deals made by the major galleries: "But there's more in the air than just talk about the market. The aisles buzzed with conversations about the financial ... read more
Laura Helena Wurth's tour of Gallery Weekend Berlin for the FAZ is a mixed bag (link via MSN): ‘Although sales on the international art market slumped by twelve percent last year according to the ‘Art Basel & UBS Art Market Report’, the mid-price segment is one of the stable areas of the trade. The mood in Berlin's galleries is correspondingly ... read more
For Alexandra Wach at Monopol, Art Brussels is a resonance chamber for the global situation: ‘Even though similarly strong positions on current political turmoil are few and far between at Art Brussels, which is traditionally playful but this time noticeably subdued, with 165 participating galleries from 35 countries, a latent unease can also be felt at the stands of other ... read more
The erosion of the art fair model, which has been in place for decades, has reached the top of the market. Following Luhring Augustin and Michael Haas, Air de Paris is also pulling out of Art Basel – and making it public. In letters to the fair and their colleagues, published in the newsletter Provence, Florence Bonnefous and Edouard Merino ... read more
Basel, we have a problem. The Art Basel UBS Art Market Report 2025, among other things, for the market leader, summarises Sigmund Skalar at Finanzen und Wirtschaft FuW: ‘Art fairs like Art Basel no longer have the importance as a sales channel for high-priced art that they once had. While in 2019 more than ... read more
Tariffs or no tariff on art? If so, how much? The question of why doesn't really arise when considering the mafia-like methods of the Trump regime, which rules without parliament. (No, I don't plan on travelling to the US in the next few years.) Given the chaotic situation, most of the trade media are capitulating in the face of the possible repercussions. Only Katya Kazakina ... read more