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Art Dealers and Fair Organizers Grapple with a Roller Coaster Market

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Source: The New York Times

Art fairs are in-person experiences par excellence: a place where visitors gaze at artworks in gallery booths and collectors shop for them in between sips of sponsored champagne. So for the international fair business, the lockdown phase of the pandemic was, by all accounts, a nightmare scenario. Most of the 408 art fairs held in 2019 were canceled outright in 2020.

This month, Art Basel and the Treasure House Fair are opening their doors to visitors in Basel, Switzerland, and in London, and the picture is much more upbeat. A total of 359 fairs were held around the world last year, roughly one for every day of the year, according to the Art Basel and UBS Global Art Market Report 2024.

Read more: https://www.nytimes.com/2024/06/14/arts/design/art-fairs-strategy-win-visitors.html

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British Indian art dealer to raise funds for LGBTQ rights in India

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Source:DH

A British Indian art dealer and activist, who recently reopened his gallery in central London, is planning a major exhibition so that part of its proceeds can go towards continuing his fight for LGBTQ+ rights across India.

Amar Singh, the London-born member of a Kapurthala royal family, relaunched Amar Gallery in Fitzrovia last month with a solo exhibition of the works of French photographer and painter Dora Maar – a muse of celebrated Spanish painter and sculptor Pablo Picasso.

In September, it will become the first gallery to host a solo exhibition of the paintings of American abstract painter Lawrence Calcagno and much of its proceeds are ear-marked for Singh’s India-focussed campaigns.

Read more: https://www.deccanherald.com/india/british-indian-art-dealer-to-raise-funds-for-lgbtq-rights-in-india-3103012

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Inigo Philbrick, Art Dealer Who Received a Seven-Year Prison Sentence for Fraud, Is Released Early

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Source: Artnews

Inigo Philbrick, the New York dealer who was later sentenced to seven years in prison for a $86 million wire fraud scheme, has been released. He was sentenced in May 2022, making his prison stay a little less than four years—more than three years less than he was initially expected to serve.

The highly publicized legal saga of Philbrick began in 2019, when accusations surfaced that he had swindled market figures while making deals involving artworks worth millions of dollars. 

Philbrick was once considered to be a rising star in the international art market, with mentors including Jay Jopling at White Cube gallery in London. His fall rattled art elite in New York and beyond. At the time of his initial arrest, he was operating a now defunct gallery in Miami; Jopling had provided its seed money.

Read more: https://www.artnews.com/art-news/news/inigo-philbrick-art-dealer-released-prison-1234701364/

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New York Art Dealer Brent Sikkema Has Been Killed in Brazil, His Gallery Confirms

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Source: Artnet

Well-known New York art dealer Brent Sikkema has died in Brazil, his gallery Sikkema Jenkins & Co confirmed by phone to Artnet. Early reports from Rio de Janeiro have indicated he was murdered.

Sikkema, 75, was found dead at an apartment he owned on Rua José Abreu Fialho in the affluent neighborhood of Jardim Botânico, the Civil Police confirmed in an email to Artnet.

“The Capital’s Homicide Department (DHC) was called in and is investigating the death of Brent Sikkema, 75. Forensics were carried out on the property where the victim’s body was found. Officers will listen to witnesses, are looking for more information and are carrying out other investigations to shed light on the case,” police said

Read more: https://news.artnet.com/art-world/brent-sikkema-murder-rio-2419537

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