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The reckoning comes at the end, and Ukraine is prudently keeping records, including of art owned by sanctioned Russians, Ursula Scheer reports in the FAZ: "The country's National Agency for the Prevention of Corruption (NACP) has compiled the database, which is open to further reports, under the heading 'War & Art'. It is intended not ... read more
The third and last part of the half-year review is about everything in the art market that is not an art fair or auction, in other words, the essentials.After half a century, the Michael Werner Gallery in January is turning its back on Cologne, reports Andi Goral at report-K: "Michael Werner is concentrating on his gallery space in Berlin at ... read more
The second of three parts of the half-year review is devoted to art fairs, with Asia once again taking centre stage.Christioph Hein points out in the FAZ that attempts to establish Singapore as an art marketplace have so far been less fortunate: "On several occasions, the prescribed establishment of an art market has been rather miserable: The gallery district Gillman ... read more
The second year of war does not bode well not only for the people of Ukraine, but also for the global economy and the art market. In the first part of the three-part half-year review, the focus is on the auction industry. Here, many observers are pinning their hopes on Asia.Young art buyers from Asia are becoming increasingly important for international auctioneers, Ursula Scheer writes ... read more
In his half-year review for the Handelsblatt, Christian Herchenröder does not only consider the very big auction houses: "This half-year, not only the turnover, but also changes in the corporate structure of long-established houses, first and foremost Hôtel Drouot in Paris, have shaped the market. Two Parisian investment firms, Groupe Chevrillon and Vesper Investissement, have bought a 30 per cent ... read more
Journalism is sometimes a tricky business: while others still had to wait for the press release so as not to burn their sources, the Financial Times and the New York Times already had official interviews on the news of the week that Frieze is taking over the Armory Show in New York and Expo Chicago. ... read more