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  • London Sees Its Best Evening Auction Results in Years

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    The October evening sales brought the London auction houses their highest totals in years. Courtesy of Sotheby’s

    Sales aren’t just buoyant at Frieze this week—London’s auction houses also saw their strongest results in years, signaling renewed confidence at the top of the market. Kicking off the action, Christie’s 20th/21st Century London Evening Sale on October 15 achieved a robust £106,925,400 ($142,852,000), marking the auction house’s best Frieze Week evening sale in more than seven years. The total was up 30 percent from last year, with 92 percent sold by lot and 90 percent sold by value. Katharine Arnold and Keith Gill, vice-chairmen of 20th/21st century art, Christie’s Europe, reported entering the week with confidence and “carefully priced material,” noting a “spirited and well-attended” public viewing at King Street. “We are proud to have realized such a solid outcome during Frieze Week, a moment that highlights the energy and cultural vitality of London’s art scene,” they told press.

    Leading the sale was Peter Doig’s monumental Ski Jacket (1994), which sold for £14,270,000 ($19,064,720) against a £6,000,000-8,000,000 estimate after more than 13 minutes of fierce bidding between six contenders. Carrying a third-party guarantee, the painting had been acquired in 1994 by Danish collector Ole Faarup, and 100 percent of the proceeds will now go to his foundation. This unusual arrangement also helped Christie’s secure two additional Doigs, despite the artist having become a rare presence at auction.

    With an extensive exhibition history, Doig’s Country Rock (1998-1999) nearly hit seven figures in sterling—though it comfortably did so in dollars—achieving £9,210,000 ($12,304,560). A third, more abstract and heavily textured work, also acquired by Faarup in 1994, sold a few lots later just shy of its high estimate at £635,000. The strong results coincided with the opening of Doig’s new show at the Serpentine in London, further fueling demand.

    Christie’s evening opened with a standout result for Domenico Gnoli, whose hyperrealistic painting fetched £977,000, doubling its low estimate. Immediately after, a more impressionistic landscape by René Magritte landed at £762,990—well above expectations—reinforcing both continued momentum for the artist and the broader strength of surrealism. Later in the sale, Magritte’s drawing La veillée (The Vigil) exceeded its £500,000 high estimate, selling for £812,800.

    Auctioneer gestures from the Christie’s podium during the sale of Peter Doig’s Ski Jacket, with the painting and multi-currency price list displayed on large screens behind him.Auctioneer gestures from the Christie’s podium during the sale of Peter Doig’s Ski Jacket, with the painting and multi-currency price list displayed on large screens behind him.
    The 20th/21st Century: London Evening Sale at Christie’s resulted in several new artist records. Photo: Guy Bell | Courtesy of Christie’s

    Picasso, as usual, delivered dependable results, with several works selling above or within estimate, including the £2,002,000 oil and ink on panel Chevalier, pages et moine. The modern and impressionist offerings also performed within expectations, largely due to the quality of the material: a Marc Chagall painting fetched £2,246,000, while a lyrical bucolic scene by Nabis painter Maurice Denis sold for £1,697,000. Meanwhile, a horizontal abstract work by Hurvin Anderson exceeded expectations, fetching £3,222,000.

    The sale also set several new world auction records, underscoring the ongoing momentum for women artists and long-overlooked names being rediscovered. Paula Rego’s Dancing Ostriches from Walt Disney’s “Fantasia” (1995) soared to £3,466,000 ($4.63 million), setting a new landmark record for the artist. Suzanne Valadon’s Deux nus ou Le bain (1923) followed with a £1,016,000 ($1.36 million) record. Contemporary sculptor Annie Morris’s Bronze Stack 9, Copper Blue (2015) achieved £482,600 ($644,754), while Danish artist Esben Weile Kjær set his first auction record with Aske and Johan upside down kissing in Power Play at Kunstforeningen GL STRAND (2020), which sold for £25,400 ($33,934).

    Among the few unsold works of the night were Yoshitomo Nara’s drawing Haze Days, which failed to find a buyer at its ambitious £6.5-8.5 million estimate, and a gray monochrome by Gerhard Richter—even with the artist opening a major survey at the Fondation Louis Vuitton during Paris Art Week. A black Blinky Palermo also went unsold, while a colorful but slightly less iconic Nicholas Party work, Tree Trunks, was withdrawn ahead of the sale.

    Notably, Christie’s reported that 56 percent of buyers in the evening sale came from Europe, the Middle East and Africa, with only 28 percent from the Americas and 16 percent from the Asia-Pacific region. This confirms revived demand in the regional market, as also evidenced earlier in the day by the heavy attendance at Frieze.

    A £17.6M Bacon headlined at Sotheby’s

    Led by a £17.6 million Francis Bacon, Sotheby’s Contemporary Evening Auction closed at $63.5 million. While the total was less than half of Christie’s the night before, the comparison needs context: this was Sotheby’s third major London evening sale since March—whereas it was Christie’s first of the season. Sotheby’s has already staged two major white-glove sales this year—the £101 million Karpidas collection auction in September and the £84 million Summer Evening Sale—meaning that with last night’s results, the house has now sold £233 million worth of modern and contemporary art in London since March. Moreover, the £63.5 million total marked the highest October evening sale result since 2023, up 25 percent from the previous year.

    A Sotheby’s auctioneer leans on the podium in front of Francis Bacon’s painting, with a Basquiat work partially visible beside it and an audience seated in the foreground.A Sotheby’s auctioneer leans on the podium in front of Francis Bacon’s painting, with a Basquiat work partially visible beside it and an audience seated in the foreground.
    Since March, Sotheby’s has sold £240 million worth of Modern and Contemporary art in London. Courtesy Sotheby’s

    “Frieze is always a special time for London, with so many collectors in town whose presence we always feel in our sales,” Ottilie Windsor, co-head of contemporary art, Sotheby’s London, told Observer. “It was great to have them with us tonight and to see so much live action in the room, helping sustain the strong momentum we’ve built over the past few seasons here.”

    The Francis Bacon result came after 20 minutes of suspense and fierce bidding across multiple phone specialists and a bidder in the room, pushing the final price to nearly double its £6-9 million estimate. In U.S. dollars, the hammer plus fees rose to $17.6 million. For comparison, the last notable Bacon—Portrait of Man with Glasses II—sold at Christie’s in March for £6,635,000 ($8.4 million), and that work was almost a third smaller. Another, smaller Bacon, closer in scale to Christie’s example, sold here for £5,774,000 ($7.3 million). Bacon’s record still stands at $142.4 million, set at Christie’s New York in 2013 with his triptych Three Studies of Lucian Freud.

    The sale opened strong, with solid results for several younger contemporary artists who have recently drawn both market and institutional attention. At lot one, a painting by Ser Serpas landed at £27,940 ($35,700)—just under estimate but still enough to set a new auction record for the artist. The California-born painter, who studied in Switzerland and gained early recognition there, was recently included in a MoMA PS1 exhibition and held a solo show at Kunsthalle Basel during the June fairs.

    Two of the hottest rising names in recent auctions—driven largely by Asian demand and limited primary-market availability—followed. An abstract by Emma McIntyre, now a Zwirner favorite, sold for £50,800 ($65,000), and Yu Nishimura achieved the same price. Both works carried estimates of £40,000-60,000, reflecting the tight competition at this level.

    In between, a 2009 painting by Hernan Bas acquired from Perrotin sold just above its low estimate, likely to its guarantor, at £254,000 ($323,000). Momentum continued for Lucy Bull, whose kaleidoscopic abstraction from 2021—originally acquired from Paris gallery High Art—more than doubled its top estimate of £500,000 ($635,000), landing at £1,260,000 ($1.6 million) after being chased by five bidders, most from Asia.

    Overall, the auction confirmed the ongoing strength of the market for women artists, all of whom sold above estimate. Sotheby’s also posted strong results for Paula Rego: her pastel on paper Snow White Playing with her Father’s Trophies sold within estimate for £900,000 (about $1.15 million), while Jenny Saville’s charcoal study exceeded its high estimate, selling for £533,000 (around $675,000).

    Among other notable six-figure results, a monumental El Anatsui sold just shy of its high estimate at £1,999,000 (about $2.53 million). Jean-Michel Basquiat’s Untitled (The Arm) from 1982—a pivotal year in the artist’s rise—landed squarely within estimate at £5,530,000 (approximately $7 million). Andy Warhol’s Four Pink Marilyn (Reversal) followed, selling within estimate for £4,326,000 (about $5.5 million).

    The masters also held firm. Both of Auguste Rodin’s monumental sculptures from his seminal series The Burghers of Calais sold within estimate to a collector in the room: Jean de Fiennes, vêtu, Grand Modèle achieved £762,000 ($1 million), while Pierre de Wiessant, vita, Grand Modèle, vêtu sold for £889,000 ($1.2 million).

    The market for Lucio Fontana also showed signs of recovery—at least for major works. His rare blue 14-slashed Concetto spaziale, Attese sold just above estimate at £2.8 million (about $3.7 million) following a fierce bidding war among four potential buyers. The deep blue of the canvas was inspired by Yves Klein’s IKB pigment—but Klein’s own Untitled Fire Colour Painting (FC 28), which appeared one lot earlier, surprisingly went unsold after failing to meet its £1.8-2 million estimate ($2.3-2.5 million), despite both an irrevocable bid and a guarantee.

    Other unsold works of the night included paintings by Frank Auerbach and Daniel Richter. Still, Sotheby’s achieved a healthy 89 percent sell-through rate by lot.

    On October 17, Sotheby’s also staged a single-owner sale of 17 iPad drawings by David Hockney from his celebrated series The Arrival of Spring. The results were remarkable: the group doubled its high estimate to reach £6.2 million ($8.3 million), achieving a white-glove sale and setting a new auction record for the artist. With this result, Sotheby’s London has now brought in £240 million (approximately $304 million) since March. Notably, American buyers accounted for 40 percent of the purchasers in the Hockney sale, underscoring the continued global demand for blue-chip British artists.

    A £2,374,000 Basquiat tops Phillips’ London Evening Sale

    On October 16 at 5 p.m., Phillips hosted its London Modern & Contemporary Evening Sale, achieving a total of £10,332,200 ($13,884,410) across 22 lots. The auction was more modest—and less successful—than the others, posting a 32 percent drop compared to last year after four lots failed to sell and four others were withdrawn before the start. The evening was led by a new auction record for Emma McIntyre: Seven types of ambiguity (2021) sold for £167,700 ($225,355) from a modest £50,000-70,000 estimate, edging past her previous record of $201,600 set in May 2025 at Phillips Hong Kong. The second-highest lot of the night was Jean-Michel Basquiat’s Untitled (Pestus) (1982), which comfortably met its pre-sale estimate at £2,374,000 ($3,190,181).

    A Phillips auctioneer points to the room beside screens displaying Jean-Michel Basquiat’s Pestus and its current bids in multiple currencies.A Phillips auctioneer points to the room beside screens displaying Jean-Michel Basquiat’s Pestus and its current bids in multiple currencies.
    An energetic moment from Phillips’s London Modern & Contemporary Art Evening Sale. Courtesy Phillips

    Once again, contemporary women artists confirmed their momentum at Phillips, reaching a high point after Emma McIntyre’s record-setting result when Flora Yukhnovich’s My Body knows Un-Heard of Songs (2017) fetched £1,276,000 ($1,714,689) against a £900,000-1,500,000 estimate.

    Opening the sale was a purple-and-pink abstraction by Martha Jungwirth—now a familiar presence across Thaddaeus Ropac’s fair booths—which exceeded expectations at £180,600. A few lots later, an early work by Sasha Gordon sold just shy of its high estimate at £116,100. Demand for Gordon has been reignited by her blockbuster solo debut at Zwirner in New York, which made her the youngest artist represented by the mega-gallery. Painted in 2019 during her studies, Drive Through marks a transitional moment in her shift toward the more discursive, cartoon-inflected style that catapulted her into the global spotlight.

    Later in the sale, Noah Davis’s Mitrice Richardson (2012) found a buyer within estimate at £451,500 ($606,726), while Derek Fordjour’s Regatta Pattern Study (2020) fetched £528,900 ($710,736), surpassing its high estimate of £500,000. Other notable results included Sean Scully’s Wall of Light Summer Night 5.10 (2010), which achieved £967,500 ($1,300,127) against a £600,000-800,000 estimate, and Robert Rauschenberg’s Gospel Yodel (Salvage Series), which sold for £709,500 ($953,426), more than doubling its £350,000-550,000 estimate. A 2012 sculpture by Bernar Venet fetched £516,000 ($693,401) from a £250,000-350,000 estimate, reflecting the artist’s rising demand—particularly in Asia.

    Not everything landed. A Warhol-inspired Banksy portrait of Kate Moss, estimated at £700,000-1,000,000, failed to find a buyer, while a cacophonic abstract work by Sigmar Polke from 1983-84 also went unsold, likely due to its overly ambitious £600,000-800,000 estimate relative to current market demand for the artist.

    For Olivia Thornton, Phillips’s head of modern and contemporary art, Europe, the overall positive auction reflected “the vibrancy of contemporary collecting” and reaffirmed London’s enduring magnetism: “London remains the cultural crossroads of the global art market.”

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    London Sees Its Best Evening Auction Results in Years

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  • Highlights from RendezVous, the First Citywide Edition of Brussels Art Week

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    Julien Creuzet’s “Nos diables rouges, nos dérives commotions” at Mendes Wood DM. © Hugard & Vanoverschelde

    Last week, Brussels Art Week’s inaugural full-city edition, RendezVous, animated the Belgian capital with exhibitions, performances, screenings and talks across more than 65 venues. Founded by curators Laure Decock and Evelyn Simons, the initiative transformed the city into a walkable constellation of art spaces spanning downtown, uptown and midtown neighborhoods. The week pulsed with ambition and wit, balancing international names with local voices and institutional heft with grassroots initiatives. And while many of the art week exhibitions remain open through October, the concentrated energy of the opening days set the tone for the city’s autumn art season, shaking off the summer lull.

    Decock and Simons’ manifesto captures the ethos behind the project: “For us and for many, Brussels is a unique place. Conveniently central, discreetly humble—surrounded by big sisters such as London and Paris, but brimming with a creative energy that is ferocious… A city defined by an enriching diversity, a charming chaos, an avant-garde that has been going steady for over 100 years and where new trends inscribe themselves onto a canvas of strong art historical traditions.”

    At the heart of the 2025 programming was The Tip Inn, a temporary salon conceived by Zoe Williams as artwork and gathering point. Equal parts dive bar, nightclub and installation, the venue had candlelit tables, satin curtains and an atmosphere pitched between decadence and parody. A monumental print of Jan Sanders van Hemessen’s Prodigal Son (1536) presided over the room, while sausages hung like garlands and a video loop showed a girl casually relieving herself among glasses of champagne. Visitors ordered the artist’s signature whiskey-Montenegro cocktail, pocketed lighters inscribed with “Can I show you my portfolio?” and drifted between conversations, poetry readings, screenings and DJ sets.

    A crowded bar-like installation at “The Tip Inn” shows visitors gathered under a mural of Renaissance-style figures, with sausages strung like garlands and people drinking and talking at small tables.A crowded bar-like installation at “The Tip Inn” shows visitors gathered under a mural of Renaissance-style figures, with sausages strung like garlands and people drinking and talking at small tables.
    The Tip Inn, a salon-style installation by Zoe Williams. Courtesy the artist

    Williams, a Marseille-based British artist, has long explored the performative dimension of hospitality. By staging a bar, she foregrounded the dynamics of service, consumption and rebellion, while The Tip Inn itself captured Brussels humor and irreverence, reminding everyone that art weeks need not be confined to white cubes.

    RendezVous unfolded across three main zones. Downtown, centered around the city center and Molenbeek, there was a strong mix of historical reflection and contemporary experimentation. At Harlan Levey Projects, Amélie Bouvier’s exhibition “Stars, don’t fail me now!” (on through December 13) examined humanity’s enduring fascination with the cosmos. Working with archival solar images from the Observatoire de Paris-Meudon, the Brussels-based artist transformed deteriorating glass plate negatives into meticulously drawn “photodessinographies.” Graphite and ink captured both celestial forms and the fragile material traces of scratches and fingerprints. Hanging textiles such as Astronomical Garden #1 and #2 extended this investigation into fictionalized landscapes, oscillating between scientific observation and poetic imagination.

    Nearby, Galerie Christophe Gaillard opened “Le Contenu Pictural,” Hélène Delprat’s first solo show in Belgium (on through October 31). Borrowing its title from René Magritte’s irreverent ‘période vache,’ the exhibition highlighted Delprat’s own commitment to risk-taking and play. Alongside new works, rarely seen gouaches from the late 1990s testified to a two-decade hiatus in her practice, their intensity sharpened by that rupture. The presentation follows her major retrospective at Fondation Maeght and precedes a forthcoming exhibition at Centre Pompidou-Metz in 2027.

    A painting by Hélène Delprat depicts a cartoonish figure holding a red flag, set against a dense black grid background with red and white patterns.A painting by Hélène Delprat depicts a cartoonish figure holding a red flag, set against a dense black grid background with red and white patterns.
    Hélène Delprat, Personne, 2024. Pigment, acrylic binder and glitter on canvas, 250 x 200 cm. Courtesy de l’artiste & Galerie Christophe Gaillard. © Hélène Delprat, Adagp, Paris Photo: Rebecca Fanuele

    Grège Gallery offered a different model altogether. Founded in 2021 by Marie de Brouwer, the initiative bridges art, design and architecture, and twice annually it hosts site-specific exhibitions in extraordinary locations—from medieval farmhouses to brutalist landmarks—while its Brussels space functions as a showroom and meeting point. For RendezVous, the gallery highlighted this nomadic, cross-disciplinary ethos, underscoring how entrepreneurial visions are reshaping Brussels’ cultural landscape.

    Galerie Greta Meert revisited the late career of Sol LeWitt with “Bands, Curves and Brushstrokes” (through October 25). The works on paper from the 1990s and 2000s charted his shift from rigorous geometry to more fluid gestures, balancing spontaneity with systematic logic. Upstairs, the gallery previewed an online viewing room devoted to British artist James White. His forthcoming series “Indoor Nature” features photorealist paintings on aluminum, presented in plexiglass boxes, capturing domestic interiors where plants introduce subtle tension between artifice and vitality.

    A fantastical painting by Kenny Scharf features neon blue and purple cartoon-like creatures interwoven with trees and plants against a dark cosmic background.A fantastical painting by Kenny Scharf features neon blue and purple cartoon-like creatures interwoven with trees and plants against a dark cosmic background.
    Kenny Scharf, JUNGLENIGHTZ, 2025. Oil, acrylic & silkscreen ink on linen with powder-coated aluminum frame, 213.4 x 243.8 x 7.6 cm. Courtesy of the artist and Almine Rech. Photo: Hugard & Vanoverschelde photography

    Ixelles, the heart of uptown Brussels, was buzzing. At Almine Rech, Kenny Scharf’s “Jungle jungle jungle” (on through October 25) presented the artist’s unmistakable universe of cartoonish ecologies and consumerist critique. Scharf, a veteran of the New York Downtown Scene that saw Keith Haring and Jean-Michel Basquiat rise to fame, continues to expand his cosmic pop language. Works such as JUNGLENIGHTZ (2025) exemplified his lush, frenetic engagement with nature, nightlife and dystopian exuberance.

    Johanna Mirabel’s “I Wish,” at Galerie Nathalie Obadia through October 25, highlights the tradition of ex-voto painting. Drawing on both European and Latin American precedents, the French artist of Guyanese descent wove together sacred motifs and secular imagery. Scenes of disaster and recovery conveyed gratitude, anchoring her first Brussels solo exhibition in a rich cross-cultural lineage.

    Bernier/Eliades Gallery showcased Martina Quesada with “If This Is a Space” (through October 25). Her geometric wall sculptures and pigment-on-paper works established rhythmic systems of variation and resonance. Pieces like The verge was always there (2025) interacted with shifting sunlight in the gallery, blurring distinctions between material presence and atmospheric suggestion.

    At Xavier Hufkens, Charline Von Heyl’s debut exhibition in Brussels affirmed her reputation as one of the most inventive painters working today. The canvases danced between exuberance and rigor, improvisation and discipline. Rather than resolving into answers, they insisted on painting as an open-ended inquiry—a dialogue as mischievous as it is profound.

    An exhibition view at Galerie Nathalie Obadia shows two large paintings by Johanna Mirabel, one depicting a domestic scene and the other a lush garden setting with figures among plants.An exhibition view at Galerie Nathalie Obadia shows two large paintings by Johanna Mirabel, one depicting a domestic scene and the other a lush garden setting with figures among plants.
    Johanna Mirabel’s “I Wish” at Galerie Nathalie Obadia. Courtesy of Johanna Mirabel and the Galerie Nathalie Obadia Paris / Brussels. Photo: © Ben Van Den Berghe / We Document Art

    Moving toward midtown neighborhoods like Sablon, Forest and Saint-Gilles, Gladstone Gallery presented “In the Absence of Paradise,” Nicholas Bierk’s contemplative still lifes and portraits. Drawn from personal photographs, the Canadian artist’s oil paintings addressed grief, transformation and memory with understated intensity.

    At Mendes Wood DM, Julien Creuzet unveiled “Nos diables rouges, nos dérives commotions,” his first Brussels solo show, on through October 25. Anchored by the figure of the Red Devil from Martinican carnival, the immersive installation combined films, wallpapers, sculptures and sound. Creuzet reimagined the masked body as a fluid, untamed entity traversing mythologies and diasporic histories. Rice, tridents and fragmented limbs recurred as potent symbols, layering ancestral spirituality with contemporary politics. His cosmology was unsettling yet emancipatory, opening unexpected pathways of imagination.

    Design also had a strong presence. Spazio Nobile staged a joint exhibition by Kiki van Eijk and Joost van Bleiswijk, curated by Maria Cristina Didero. Celebrating two decades of collaboration, “Thinking Hands” highlighted the duo’s whimsical yet precise approach, rooted in Eindhoven’s design culture. Furniture, lighting and installations demonstrated how their practice resists mass production in favor of intuition and shared invention.

    Institutional programming added depth. At WIELS, the group exhibition “Magical Realism: Imagining Natural Dis/order” explored ecological precarity through myth and dream. Curated by Sofia Dati, Helena Kritis and Dirk Snauwaert, it assembled more than thirty artists. Highlights included Gaëlle Choisne’s Ego, he goes, a talking fridge filled with decaying goods that critiqued consumer waste while invoking Creole cosmologies. Works by Marisa Merz, Cecilia Vicuña and Jumana Manna reinforced the exhibition’s call for alternative ways of inhabiting the planet.

    n exhibition view at Harlan Levey Projects shows large black-and-white textile works by Amélie Bouvier hanging in a white gallery space with small framed works on the walls.n exhibition view at Harlan Levey Projects shows large black-and-white textile works by Amélie Bouvier hanging in a white gallery space with small framed works on the walls.
    Amélie Bouvier’s “Stars, don’t fail me now!” at Harlan Levey Projects. Courtesy of the artist & Harlan Levey Projects. Photo credit: Shivadas De Schrijver

    Outside, Sharon Van Overmeiren’s The Farewell Hotel transformed the WIELS garden into an inflatable castle open to children and adults alike. Referencing pre-Columbian motifs, museological displays and Pokémon, the installation invited visitors to bounce, explore and reconsider what art can be. Its playful verticality epitomized the week’s spirit of porous boundaries between seriousness and delight.

    RendezVous demonstrated how Brussels’ art scene thrives on contrasts—between the polished and the raw, the historical and the experimental, the institutional and the independent. It unfolded not just as a showcase of exhibitions but as a lived experience of the city itself, weaving fluidly through neighborhoods and communities. Far from another entry in the crowded calendar of art weeks, RendezVous affirmed Brussels’ singular position in the cultural landscape: cosmopolitan yet intimate, grounded in tradition yet insistently forward-looking. With this momentum, anticipation for next year’s edition is already mounting.

    An installation view at WIELS shows hanging string and organic materials suspended in front of framed works by Cecilia Vicuña, including figurative paintings and drawings of human and mythic forms.An installation view at WIELS shows hanging string and organic materials suspended in front of framed works by Cecilia Vicuña, including figurative paintings and drawings of human and mythic forms.
    “Magical Realism: Imagining Natural Dis/order” at WIELS. Photo: Eline Willaert

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    Highlights from RendezVous, the First Citywide Edition of Brussels Art Week

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  • Record Prices, New Buyers and Global Reach: Design’s Moment Has Arrived

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    Last Spring, Kasmin New York staged “Les Lalanne: Zoophites,” featuring works by the acclaimed French designers drawn entirely from the collection of their eldest daughter, Caroline Hamisky Lalanne. Courtesy of Kasmin

    While global auction sales slipped 6.2 percent in the first half of 2025—with post-war and contemporary art down 19.3 percent to $1.22 billion, impressionist and modern sales dropping 7.7 percent and luxury barely budging (down 0.5 percent to $805.9 million)—design, decorative arts and furniture experienced significant momentum. According to ArTactic, the category surged 20.4 percent to reach $172 million in 2025, compared to $143 million the previous year. This growth occurred despite concerns over new tariffs. While fine art remains exempt from tariffs due to a legal loophole, design objects, antiquities and other collectibles are not, yet the market continues to thrive. This sustained growth is driven by a broader collector base and ongoing institutional interest, making it worth a deeper analysis of its various tiers and areas of activity.

    Recent numbers from design auctions show strong growth: Sotheby’s design sales in New York this June achieved $37.5 million, followed by Christie’s with $23.6 million and Phillips, which staged just one sale, bringing in $4 million. Altogether, the June auctions saw a 62.3 percent year-on-year increase—proof that, at least for now, the design market is not just holding steady but gaining momentum. In the same period last year, Sotheby’s reported $19.5 million, Christie’s $15.5 million and Phillips $5.1 million across two sales with significantly more inventory.

    The first half of 2025 marked a landmark period for design at Sotheby’s, according to chairman and co-worldwide head of 20th Century design, Jodi Pollack. Fueled by strong global demand, record-setting prices and an expanding international collector base, the market saw particular momentum among new and younger buyers, with increased cross-category collecting. Sotheby’s reported a $75 million combined total across New York and Paris this season, among the highest series totals ever for Sotheby’s Design sales worldwide. “These exceptional results reflect the galvanizing strength of the global design market and the discerning collectors who continue to passionately pursue rare pieces of extraordinary quality,” Pollack commented.

    The Lalanne obsession continued its upward trajectory, but records were also shattered in unexpected areas: the monumental Danner Memorial Window—designed by Agnes Northrop for Tiffany Studios—achieved a staggering $12.4 million last November, setting a new auction world record for Tiffany glass. Not far behind, Frank Lloyd Wright’s double-pedestal lamp reached $7.5 million after an eleven-minute bidding war this May, marking another record in the category this year.

    An elegant room with a large arched stained glass window depicting yellow irises and flowering trees, flanked by wooden French doors, with sunlight streaming across an octagonal stone floor inlaid with a vibrant mosaic border.An elegant room with a large arched stained glass window depicting yellow irises and flowering trees, flanked by wooden French doors, with sunlight streaming across an octagonal stone floor inlaid with a vibrant mosaic border.
    Tiffany Studios’ Stillman Memorial Window sold for $2,390,000 at Sotheby’s in June 2025. Courtesy of Sotheby’s

    Another magnificent glass window by Louis Comfort Tiffany, The Stillman Memorial Window, sold in June at Sotheby’s for $2,390,000 (estimate: $1.5-2.5 million) as part of the sale Masterpieces by Louis Comfort Tiffany, Featuring The Ann and Robert Fromer Collection. The sale generated $6.3 million (estimate: $3.6-$5.6 million) with 96 percent sold by lot and nearly 60 percent of lots selling above their high estimates. Notably, 21 percent of buyers participating in Sotheby’s design sales this June were new to the auction house.

    Strong institutional demand is also driving the surge in the market for Tiffany Studios pieces, with museums actively acquiring the studio’s masterworks. In 2023, the Metropolitan Museum of Art acquired the three-part, 10-foot-tall, 7-foot-wide Garden Landscape, while this past May, the Crystal Bridges Museum of American Art in Bentonville, Arkansas, announced its acquisition of the monumental stained glass window Mountain Landscape (Root Memorial Window).

    Meanwhile, the remarkable market surge for François-Xavier and Claude Lalanne continues unabated, cementing the duo as blue-chip fixtures in the design-art hybrid space. According to Artprice, the average auction price for their works has more than quadrupled since 2015, with major pieces now regularly surpassing six figures. The current auction record belongs to François-Xavier’s 1964 Rhinocrétaire I, which sold for €18.33 million ($19.4 million) at Christie’s Paris in 2023.

    Between 2019 and 2024, Sotheby’s and Christie’s sold over 700 works from the private collections of Les Lalanne and their daughters, Dorothée and Marie, through a series of high-profile auctions in Paris and New York, generating a combined total of $330.2 million.

    Demand remains strong—just this June, François-Xavier’s Grand Rhinocrétaire II (2003) fetched $16.4 million at Sotheby’s, five times its low estimate and accounting for nearly a quarter of the auction week’s total revenue. Christie’s New York also staged a dedicated sale in October 2023, François-Xavier Lalanne, Sculpteur | Collection Dorothée Lalanne, featuring works from the artist’s daughter and curated by French designer Simon Porte Jacquemus, closing with white gloves and a $59 million total, with at least fourteen lots surpassing six figures.

    This October, Di Donna Gallery will present a museum-quality exhibition featuring a groundbreaking dialogue between Magritte’s surreal vision and the whimsical world of the Lalanne couple. The show will highlight their shared surrealist sensibilities and historical connection through gallerist Alexander Iolas in the 1960s. Over fifty works will be on display, including rare pieces from the estates of François-Xavier and Claude Lalanne, as well as paintings, works on paper and sculptures by René Magritte. Among the highlights is Magritte’s enigmatic L’ami intime (1958), which fetched $33.66 million at Christie’s London in March. During the last Venice Biennale, Ben Brown presented an extensive exhibition dedicated to the Lalannes, “Planète Lalanne,” featuring more than 150 works by the celebrated French duo.

    A sculptural installation featuring whimsical animal-shaped furniture and bronze creatures, including a bear, donkey, and deer, arranged along winding paths of golden wheat sheaves in a softly lit gallery space.A sculptural installation featuring whimsical animal-shaped furniture and bronze creatures, including a bear, donkey, and deer, arranged along winding paths of golden wheat sheaves in a softly lit gallery space.
    The François-Xavier Lalanne, Sculpteur | Collection Dorothée Lalanne sale generated nearly $59 million at Christie’s New York in October 2024. Brian W. Ferry, all rights reserved

    Phillips’ design specialist Kimberly Sørensen says the market is still strong, but more names are gaining momentum: their June Design auction in New York achieved a 91 percent sell-through rate by lot and 96 percent by value—an exceptional result. This followed their April Design sale in London, which reached 94 percent by lot and 97 percent by value. “These figures underscore the strength of the market and the continued appetite for exceptional design and craftsmanship,” Sørensen commented.

    He told Observer that he’s seeing particular interest in female designers: Judy Kensley McKie’s Fish bench led Phillips’ June Design sale in New York, achieving $406,400 and setting a new world auction record for the artist. This, after her Leopard couch already led the top lot at Phillips’ London Design sale in April—further proof of her growing international appeal. Other standout female artists performing well in the recent sale included Line Vautrin and Claude Lalanne, whose works were among the session’s top lots. The American architect and designer George Nakashima also remains a beloved figure with a truly international market, according to Sørensen. “His daughter, Mira Nakashima, now the creative director of Nakashima Studio, is a remarkable designer in her own right and her work not only continues her father’s legacy of craftsmanship, but has also successfully introduced it to a new generation.”

    Studio ceramics is another area in which Phillips has seen tremendous success. Phillips’ December New York sale, Moved by Beauty: Works by Lucie Rie from an Important Asian Collection, was a White Glove auction, which followed a dedicated London sale featuring Lucie Rie and Hans Coper. “We’re proud to hold the auction records for Rie and Coper and have previously set benchmarks for Lucie Rie and Doyle Lane,” he said.

    A carved wooden settee by Judy Kensley McKie, with a backrest formed by two stylized leopards whose bodies extend into curved armrests.A carved wooden settee by Judy Kensley McKie, with a backrest formed by two stylized leopards whose bodies extend into curved armrests.
    Judy Kensley McKie’s Leopard Couch (1983) sold at Phillips’ April Design Sale for £177,800 ($237,736), while her Fish bench set a new record, achieving $406,400. Courtesy of Phillips

    Sørensen confirms that design today attracts a broader and more diverse audience than ever. Even looking at their numbers, so far in 2025, 20 percent of Phillips’ design bidders were new to the auction house, which speaks to the category’s growing appeal. The Phillips specialist also points out that they’re seeing an encouraging rise in interest from younger collectors; Millennials and Gen Z now make up 20 percent of the Design bidders. “Many of them are drawn to the sustainability of the secondary market, where Design objects are not only beautiful but also environmentally conscious choices,” he explained. “Social media platforms like Instagram and Pinterest have played a big role in this shift, making it easier than ever for collectors to discover and connect with designers across periods and geographies.”

    Looking ahead to the final few months of 2025, Sørensen and his team are optimistic. “The momentum we’ve seen so far suggests sustained interest, especially as more seasoned and new collectors recognize the value and artistry within the category.”

    Despite the swoon in the broader art market, design has continued to hit new highs with world record prices in all of Christie’s top markets, according to Alex Hemingway, Christie’s global head of design. Asked about the most sought-after names, he pointed to Lalanne, Giacometti, Tiffany and Royère, adding that today’s buyers are especially drawn to masterpiece-level works with strong provenance and compelling narratives.

    A minimalist wooden cabinet by Mira Nakashima, featuring slatted sliding doors and a rich walnut finish that highlights the natural beauty of the grain.A minimalist wooden cabinet by Mira Nakashima, featuring slatted sliding doors and a rich walnut finish that highlights the natural beauty of the grain.
    George Nakashima’s Three-door room divider sold at Phillips for $209,550. Courtesy of Phillips

    This June, Christie’s Design auction and the single-owner American Avant-Garde: The James D. Zellerbach Residence by Frances Elkins sale brought in a combined total of $23.6 million. Leading the auction was The Goddard Memorial Window by Tiffany Studios, which achieved $4,285,000, soaring past its $2-3 million estimate and becoming the second-highest price ever realized for a window from Tiffany’s studio. Nonetheless, the world record remains The Danner Memorial Window, which sold for $12.5 million with fees at Sotheby’s Modern Art evening sale last November. Before this, the studio’s record was $3.4 million for a Pond Lily lamp sold by Christie’s in 2018.

    The Goddard Memorial Window, part of the American Avant-Garde sale, brought in $8.1 million, with 81 percent of lots selling at or above their high estimates. Other top-performing lots included two rare Oiseaux sculptures by Alberto Giacometti (sold for $2,954,000 and $2,833,000, respectively) and a pair of rare ‘Pyramides’ andirons (sold for $378,000). Jean-Michel Frank’s Aragon low table sold for $819,000, and his ceiling light brought in $277,200—more than five times its low estimate.

    Lalanne led the $15.4 million Design sale. Claude Lalanne’s unique Structure végétale aux papillons, souris et oiseaux chandelier (2000) fetched $1,865,000, while her L’Enlèvement d’Europe (1990) sold for $1,134,000. Works by François-Xavier Lalanne also performed strongly, with Le Métaphore (Canard-Bateau) (ca. 2002) soaring to $667,800—five times its high estimate—and Rhinocéros Bleu (1981) achieving $327,600, well above its low estimate of $70,000. Animal-inspired design by other design masters drew significant interest as well, with Jean Royère’s Éléphanteau armchairs realizing $743,400. Notably, demand surged for Alberto and Diego Giacometti’s sculptural and lighting designs across Christie’s sales, with aggregate results finishing 147 percent above the combined pre-sale low estimates.

    A bronze chandelier shaped like intertwining tree branches is suspended from a ceiling, each branch holding a candle-style light. The fixture is adorned with small, delicate metal leaves in shades of bronze and copper. A large window behind it reveals a view of New York City's Central Park and skyline in the distance.A bronze chandelier shaped like intertwining tree branches is suspended from a ceiling, each branch holding a candle-style light. The fixture is adorned with small, delicate metal leaves in shades of bronze and copper. A large window behind it reveals a view of New York City's Central Park and skyline in the distance.
    Claude Lalanne’s Unique ‘Structure végétale aux papillons, souris et oiseaux’ Chandelier (2000) sold for $1,865,000. Christie’s

    Vintage design has become a market of its own over the past decade, confirms Alessandra di Castro, a renowned antiques dealer and the fourth generation of her family’s historic business based in Piazza di Spagna. Over time, she has progressively expanded her offering into broader categories to meet the evolving tastes of a more diverse and constantly shifting collector base. Di Castro pointed out that demand is especially strong when it comes to prominent names, particularly among the many foreign buyers who, encouraged by the flat tax, are purchasing homes in Italy. “They furnish them with Italian taste and aesthetics—those are very interesting clients,” she explained, noting how quickly international buyers absorb the beauty around them and want to live surrounded by it, much like travelers during the era of the Grand Tour.

    “Even decorative art and design have become a global market—much more conscious and diverse than in the past,” she said, noting how it’s no longer just architects searching for the perfect piece. Auction houses have opened dedicated departments, and people now come with very specific requests—asking, for instance, whether they have or can source a particular piece by Scarpa.

    “Personally, I always buy unique pieces, because I view them through my own lens—as a kind of continuity with the periods I’ve always focused on, particularly the 18th and 19th Centuries,” Di Castro explained. “But with my particular approach to research and my eye for unusual objects, I really look at everything.” Still, the expert dealer admits it’s somewhat disheartening that certain categories—like sublime examples of 18th- and 19th-century cabinetmaking—are now valued far less than when she began her career, even though they remain extraordinary works.

    The market for big Italian design names like Carlo Scarpa or Ettore Sottsass remains strong, even in the international market. In December 2023, a rare Pennellate glass vase by Scarpa fetched $107,100 at Wright Auction House—starting from just $24,000 after being acquired for $3.99 in a thrift shop. The Italian architect’s latest record was set just this March for a special-order display cabinet that fetched $489,868 at Piasa. The most recent record for Memphis visionary Ettore Sottsass was set in 2018 at Phillips in London, where his iconic undulating mirror sculpture fetched $430,221. Since then, his furniture and ceramics have consistently crossed into mid- to upper-five-figure territory at European post-war and design sales.

    Collectible design for new collectors and expanding geographies

    According to Jennifer Olshin, partner and founding director at Friedman Benda, the term “collectible design” feels arbitrary—and even reductive—especially now that the categories of art and design increasingly overlap, both in how works are created and how they circulate. “We tend to avoid using the term because it doesn’t reflect how artists and designers think about their work. For them, it’s about creating something that expresses who they are, that pushes beyond what already exists. They don’t frame it as ‘collectible’—it’s just design, in the same way we don’t say ‘collectible art,’ we say art.”

    A gallery corner with concrete flooring and built-in wooden cabinetry displays two colorful stacked totems composed of cylindrical ceramic forms in red, yellow, black, white, and turquoise. A framed hand-written document and wall text are mounted nearby.A gallery corner with concrete flooring and built-in wooden cabinetry displays two colorful stacked totems composed of cylindrical ceramic forms in red, yellow, black, white, and turquoise. A framed hand-written document and wall text are mounted nearby.
    “Ettore Sottsass 1947-1974” at Friedman Benda in 2023. Courtesy Friedman Benda and Ettore Sottsass | Photo: Daniel Kukla

    Friedman Benda is a leading gallery at the intersection of contemporary design, craft and art, representing a highly diverse, intergenerational roster of designers and artists from around the world. Many challenge conventional boundaries between disciplines, materials and cultural narratives, often in cross-disciplinary ways. “Our focus is more on the making, the expression, the stories and commentary—the reason the work exists in the first place,” said Olshin. “Every artist on our roster is doing something we haven’t seen before. Together, they form what almost feels like an encyclopedia of what’s happening in design today.”

    The gallery opened in New York in 2007 with an inaugural exhibition of legendary Italian designer Ettore Sottsass—his final show before his death. Since then, Friedman Benda has staged numerous exhibitions exploring the many phases of Sottsass’s complex, imaginative career and continues to represent his estate, along with other historically significant names such as Andrea Branzi, Gaetano Pesce, Wendell Castle and Shiro Kuramata. At the same time, the gallery champions emerging and multidisciplinary voices such as Samuel Ross, Misha Kahn, Ebitenyefa Baralaye and Formafantasma. “We’ve built a program that spans three or four generations of designers, artists and architects, many of whom play off each other in fascinating ways,” Olshin noted. “There have even been moments when a collector comes to us as a Sottsass collector and leaves with a work by Misha Kahn—because they sense a shared spirit between the two.”

    An intimate, brightly lit room with black-and-white diamond tile flooring showcases an organic, multi-toned sculptural armchair, thickly framed painted mirrors, a golden biomorphic side table, and a grotesque gold bust on a pedestal. The walls are white with ornate ceiling molding.An intimate, brightly lit room with black-and-white diamond tile flooring showcases an organic, multi-toned sculptural armchair, thickly framed painted mirrors, a golden biomorphic side table, and a grotesque gold bust on a pedestal. The walls are white with ornate ceiling molding.
    Misha Kahn’s “Rien à voir” at Friedman Benda, Paris, in June 2025. Courtesy of Friedman Benda and Misha Kahn | Photo: Fabrice Gousset

    Olshin sees the early generation of design pioneers like Sottsass as having paved the way for younger talents. “They fought the initial battles and made things possible. Now, younger designers are building on those hard-won foundations and pushing things forward in their own way. After 18 years, we’re starting to see generational connections—designers introducing us to other designers, former students becoming peers, friends becoming collaborators. These evolving communities are really what we try to make the gallery about.”

    Design itself is not new, nor is its market, Olshin pointed out. There have always been iconic collectors—especially in the U.S.—who’ve played a key role in shaping the broader design landscape. Many are deeply embedded in museum and institutional ecosystems, supporting exhibitions, publications and emerging practices. “These great patrons are integral to the cultural infrastructure,” she said. “By helping bring design into public view—through shows, dialogue and visibility—they create ripple effects that expand awareness and accessibility, shaping how wider audiences engage with design.”

    What has changed more recently, however, is the breadth and diversity of the collector base. Interest in unique design pieces has expanded significantly since the pandemic, particularly among younger generations and across new geographies. “It’s not necessarily a new market, but we’re seeing a broadening of interest,” Olshin observed. “There are more players, more people engaging with what we’re doing—and a younger generation is coming to design in a really exciting way. They’re not drawing the same distinctions that once existed. For them, design isn’t separate from broader cultural conversations around art—it’s all part of the same dialogue.”

    This new generation of collectors is looking to define their environments in more personal, meaningful ways. “It’s not just about aesthetics—it might be a single detail or object—but about surrounding themselves with stories and significance,” Olshin clarified. That shift has also changed who the buyers are. They’re no longer from a single social stratum or traditional collecting circles. Architects and interior designers now find themselves in closer dialogue with increasingly international, hands-on clients. “They’re interpreting the ethos of their clients—their values, daily lives, habits and aspirations. It’s about translating those stories on a deeper, more integrated level.”

    ChatGPT said:The image shows a minimalist art installation with a light, airy space. The floor is covered in soft, bright green carpeting. In the center of the room, a geometric, wooden chair with a teal seat stands against a white wall. Suspended in the air nearby are five rectangular, wooden frames. On the right side of the room, a small, wooden sculpture sits on a white pedestal. Large windows allow natural light to flood the space.ChatGPT said:The image shows a minimalist art installation with a light, airy space. The floor is covered in soft, bright green carpeting. In the center of the room, a geometric, wooden chair with a teal seat stands against a white wall. Suspended in the air nearby are five rectangular, wooden frames. On the right side of the room, a small, wooden sculpture sits on a white pedestal. Large windows allow natural light to flood the space.
    Installation View: FormaFantasma’s “Formation” at Friedman Benda, New York. Courtesy of Friedman Benda and Formafantasma. Photo: Izzy Leung

    If there’s one common thread among today’s collectors, it’s a desire to live with design—intentionally and fully. “They’re not just acquiring objects to display in a corner; they’re integrating design into their daily lives in meaningful ways,” Olshin said. “It’s about creating environments that reflect how they live, think and feel.”

    We’re also seeing notable geographic shifts beyond a handful of major centers. “Even in the U.S., we’re seeing collectors engage with cutting-edge work from regions that didn’t have a strong design presence in the past,” she said. “Whereas before they may have traveled to New York to experience it, now they’re building collections in their own communities.” Museums are starting to reflect this expanded interest as well. Some institutions have long been ahead of the curve, while others are now adapting to meet their audiences’ growing appetite for design. “There are curators who have been championing this for years and others who are now taking cues from their patrons, local communities, or academic circles.”

    At the same time, the perspective has become truly global in terms of makers and collectors. “We used to talk about the U.S. market versus international markets, but now the gaze is much broader,” Olshin added. “It’s being driven partly by institutional collecting and design initiatives in places like Australia, the Middle East and Asia.”

    A minimalist gallery space featuring modern design furniture, including two cream upholstered armchairs, a textured black stone coffee table, a sculptural black chair with wide legs, and a delicate mushroom-shaped lamp on a pedestal.A minimalist gallery space featuring modern design furniture, including two cream upholstered armchairs, a textured black stone coffee table, a sculptural black chair with wide legs, and a delicate mushroom-shaped lamp on a pedestal.
    “Summer By Design 2025” at Carpenters Workshop Gallery in Paris. Photo: Benjamin Baccarani

    “The collector base has indeed grown and diversified over the years,” confirmed Cyrelle Herve, director of Carpenters Workshop in Paris, when Observer asked her to speak on the pulse of the market. “We naturally work with contemporary art collectors. We also engage with enthusiasts of vintage design and even more classical pieces. We particularly enjoy seeing our artists’ works interact with other styles, creating a sense of harmony and aesthetic balance.”

    Founded in 2006 in a former carpenter’s workshop in London’s Chelsea, the gallery has since expanded globally, with locations in London (Mayfair), Paris (Le Marais), New York and Los Angeles. With a research-driven curatorial approach that remains attuned to both emerging talent and evolving trends in limited-edition functional sculpture and collectible design, the gallery now boasts a prestigious roster of artists, including Maarten Baas, Wendell Castle, Ingrid Donat, Studio Drift, Rick Owens and Antonio de Cotiis, among others.

    Since the gallery’s founding, the design-art segment has undergone a remarkable transformation, Hervé reflects. “Just 15 to 20 years ago, it was still considered a niche market. Today, it holds a prominent place on the international art scene, and its market has evolved rapidly.” A visit to Design Miami or Art Basel’s Paris fair makes this shift palpable: the growing hybridization between art and design has fueled fluid collaborations across disciplines, resulting in exclusive, editioned works that blur the line between functional object and collectible sculpture.

    According to Hervé, there’s a growing appetite for works that merge craftsmanship with a strong conceptual or material narrative. “Limited-edition design has moved from a niche interest to a core category in contemporary collections,” she said, noting how the gallery has recently seen a broadening audience—from seasoned contemporary art collectors to new generations drawn to tactile materials, storytelling and the individuality of each piece. “The act of collecting is no longer driven solely by function or decoration, but by a desire for meaningful, enduring works with cultural or sculptural depth. Buyers are more informed now—often researching materials, processes and the artist’s intent before purchasing.” At the same time, Carpenters Workshop is seeing increased demand for commissioned and site-specific pieces. Clients today prioritize sustainability, provenance and innovation as much as aesthetics.

    A sleek, modern interior featuring a blue modular sofa with embroidered pillows, pastel-toned translucent resin tables, and a tall yellow mosaic floor lamp, all set against smooth concrete walls and flooring.A sleek, modern interior featuring a blue modular sofa with embroidered pillows, pastel-toned translucent resin tables, and a tall yellow mosaic floor lamp, all set against smooth concrete walls and flooring.
    Carpenters Workshop Gallery Paris showcases historic and contemporary works united by aesthetic associations. Photo: Benjamin Baccarani

    Regarding trends, Hervé has seen a renewed interest in Brutalism and materiality, alongside a consistent appetite for statement pieces by established names such as Ingrid Donat, Vincenzo De Cotiis and Wendell Castle. Organic design is also on the rise, with artists like Najla El Zein and Wonmin Park gaining traction. At the same time, designers blending technology and form—such as Studio Drift and Random International—are increasingly in demand.

    Asked about what she hopes to see next, Hervé is clear: “I would like the next trend to focus on narrative and sociopolitical engagement—pieces that address the environment, identity, gender, memory or decolonization.” She confirmed that the market in Paris—and more broadly in France—has grown significantly in recent years. “We work closely with many interior architects, who play a key role in promoting design art.” While the market remains sensitive to political and geopolitical shifts, which can introduce unpredictability, she notes that the market has been consistently dynamic and expansive in the United States, both on the B2B and B2C fronts. Still, she added, the French approach tends to be more measured and reflective. “More broadly, across all our markets, collecting is often guided by an intellectual process—an interest in the history of forms, the artist’s gesture and the meaning embedded in each piece. Our role goes far beyond simply presenting the work; we’re here to accompany, inform and at times, help educate the collector’s eye.”

    Chart showing global Decorative-Art Auction Sales and Lots Sold.Chart showing global Decorative-Art Auction Sales and Lots Sold.
    The market for design is strongest in Europe. Artnet

    According to 2024 data from the Artnet Intelligence Report published in March, sales in the decorative-art category—which in their analysis includes both design objects and furniture but also jewelry, watches and other collectibles—dropped nearly 42 percent year on year, netting $3.3 billion, the lowest total in a decade. In terms of geographical distribution, the market for the category at auction is much stronger in Europe ($1.3 billion in sales) and Asia ($1 billion), while North America maintains a third position for decorative art, generating just over $898 million.

    The rise of fairs dedicated to Design

    Meanwhile, new fairs are focusing on meeting the growing demand for collectible design. While Design Miami canceled its Basel edition, it has swiftly cemented its presence in Paris, becoming one of the most highly attended events during Art Basel Paris week. Its Miami Beach flagship returns for its 21st edition this December, curated by Glenn Adamson, and for the first time, Design Miami is also pushing into Asia with a curated exhibition in Seoul, timed to coincide with the city’s art week and tapping into the region’s booming market. Titled “Illuminated: A Spotlight on Korean Design,” the show (which is part of Design Miami’s new In Situ series) will be curated by Hyeyoung Cho, chairperson of the Korea Association of Art & Design, in collaboration with the Seoul Design Foundation. It will feature over 170 works—from furniture to lighting to objets d’art—exploring the convergence of traditional Korean craftsmanship and contemporary innovation.

    This September, The Armory Show will debut a new design-focused section, Function, that explores how artists blur the lines between art and design. Beyond the curatorial intent to expand definitions, the initiative is also a strategic play to attract a broader cohort of aesthetically minded collectors. “The more entry points we can offer different types of audiences, the better,” fair director Kyla McMillan told Observer.

    That same week, COLLECTIBLE returns to New York for its second edition, expanding its footprint and exhibitor roster after a successful debut at the new WSA 2 building. Long established in Belgium as the only fair devoted exclusively to 21st-century design, COLLECTIBLE’s New York edition could fill a persistent void in the U.S. market for dedicated contemporary design fairs.

    A vibrant installation view from the FASHION section at COLLECTIBLE New York 2024, showcasing eclectic collectible design objects including sculptural furniture, a bold yellow light fixture, a reflective partition, and colorful abstract forms, all set against a raw industrial ceiling and minimalist gallery backdrop.A vibrant installation view from the FASHION section at COLLECTIBLE New York 2024, showcasing eclectic collectible design objects including sculptural furniture, a bold yellow light fixture, a reflective partition, and colorful abstract forms, all set against a raw industrial ceiling and minimalist gallery backdrop.
    The FASHION section at COLLECTIBLE New York in 2024. Photo: Simon Leung

    COLLECTIBLE distinguishes itself with a fluid, non-traditional format that prioritizes aesthetic experience over discrete objects with immersive presentations such as Vignette, a section inviting interior designers to stage fully realized environments, creating compelling conversations between contemporary and vintage works. “Vignette will explore the conversation between collectible and interior design,” said interior designer Michael Hila, who curates the section, in a statement. “Each Vignette becomes a curated mise-en-scène—a sort of ‘store window’—where contemporary works are paired with vintage or antique pieces to express a personal design ethos. While the spaces might be small, the ideas will be boundless.” Combining curatorial rigor with a spirit of experimentation, COLLECTIBLE also keeps an eye on the future of design through New Gaarde, a platform dedicated to pioneering emerging studios founded within the past three years.

    “What was once a critically engaged field has in recent years gained momentum,” Liv Vaisberg, who founded the fair with Clélie Debehault in 2018, told Observer. “We have seen a marked acceleration: more galleries dedicated to contemporary collectible design, a growing base of committed collectors, increasing institutional interest and deeper media coverage. While the market remains selective in scale, its cultural relevance has expanded significantly—shifting from the margins to a more prominent, discerning place within the broader design landscape.”

    COLLECTIBLE recently announced its first-ever Hong Kong edition—the fair is venturing into the Asian market with an event scheduled for December and supported by the Hong Kong Government’s CCIDA. Curated by co-founders Clélie Debehault and Liv Vaisberg, with scenography by Ann Chan (Hero Design), the show will be part of Design Factory, a new international platform presented by Maison&Objet in Hong Kong.

    Luxury-branded design holds the furniture market

    It’s important to note that the data and analysis above mainly refer to the art and collectible side of the design market, which consists of exclusive collaborations, special editions and artist collaborations that distinguish it from the broader design and furniture industry. However, even when considering the industry as a whole, the global furniture market showed consistent growth in 2024. According to Future Business Insights, it was valued at $568.6 billion and is projected to reach $878.14 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.65 percent. Asia Pacific led the market in 2024 with a commanding 48.68 percent share, underscoring the region’s manufacturing dominance and rising consumer demand. In the United States, the market is expected to reach $130.24 billion by 2032, driven by strong housing sales and growing demand for innovative, design-forward furniture.

    The luxury segment remains a leader. According to Technavio, the Global Luxury Furniture Market is expected to grow by $9.54 billion from 2024 to 2028, driven by the increase in the number of luxury furniture showrooms and a demand for more eco-friendly, high-quality craftsmanship.

    The market is holding up across different geographies, according to Marcello Lucchetta, a vice president of sales at Luxury Living Group. “It was certainly not the best year, but it has remained stable thanks to a specific and important factor: the world of branded real estate developments,” he said, referring to branded hotels, such as Bentley Residences, Dolce & Gabbana Residences and the Fendi Condo Residences.

    An outdoor terrace is styled with blue and white décor, featuring striped cushioned seating, patterned throw pillows, and a matching umbrella with ornate tile-like motifs. A low coffee table holds cobalt blue glassware, echoing the color scheme. Tall green plants in blue and white ceramic planters line the space, while terracotta roof tiles and a clear blue sky complete the Mediterranean-inspired setting.An outdoor terrace is styled with blue and white décor, featuring striped cushioned seating, patterned throw pillows, and a matching umbrella with ornate tile-like motifs. A low coffee table holds cobalt blue glassware, echoing the color scheme. Tall green plants in blue and white ceramic planters line the space, while terracotta roof tiles and a clear blue sky complete the Mediterranean-inspired setting.
    At this year’s Milan Design Week, Dolce & Gabbana unveiled the new Verde Maiolica homeware line, its first-ever collection of bed linens, new Gotham furniture and its latest outdoor collection, Saint Jean, created in collaboration with Luxury Living Group. Dolce & Gabbana

    And that segment is especially relevant in certain regions, Lucchetta adds, noting the growing presence of so-called “soft luxury” brands—those that aren’t overly loud—doing exceptionally well, like Fendi, automotive names like Bentley and Bugatti and fashion brands like Armani, Versace and Dolce & Gabbana, which continues to show strong interest.

    According to Lucchetta, the number of residential and hospitality developments tied to a brand and/or featuring branded interiors is growing, particularly in North America, extending beyond Miami. “Previously, most of the activity was centered in Miami, which now feels somewhat saturated, but the market is expanding across the U.S. and North America more broadly,” he said. “Compared to last year, the numbers are roughly the same, but there’s more uncertainty now, mainly due to tariffs and what could be described as trade wars or customs duty conflicts.” As for retail, it’s a different story—the market is weak for other products. “I think that’s a trend we’re seeing across various sectors, not just luxury.”

    More for collectors

    Record Prices, New Buyers and Global Reach: Design’s Moment Has Arrived

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  • Painter Luke Agada Is Pushing the Boundaries of Representation

    Painter Luke Agada Is Pushing the Boundaries of Representation

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    Luke Agada’s work is deeply rooted in the “third space” concept. Photo: Robert Chase Heishman

    Since earning an MFA in Painting and Drawing from the School of the Art Institute of Chicago last year, painter Luke Agada’s career has taken off. Early showings at group exhibitions spanning continents—“Collective Reflection: Contemporary African and Diasporic Expressions of a New Vanguard” at Gallery 1957 in Accra, “Unusual Suspects” at African Artists’ Foundation in Lagos and “Where The Wild Roses Grow” at Berlin’s Kristin Hjellegjerde Gallery—established Agada as an artist with a knack for expressing cultural identity, ambiguity and introspection in surrealist works rendered in color palettes reminiscent of his native Lagos. His first U.S. solo exhibition at Chicago’s Monique Meloche Gallery in September of 2023 was followed by a standout showing at Art Basel Miami Beach, where Roberts Projects featured his work in what quickly became one of the fair’s most buzzed-about booths.

    All this from someone who not terribly long ago was making and selling paintings in his spare time while pursuing a degree in veterinary medicine. But just a year into his veterinary career, the Nigerian-born, Chicago-based artist quit to focus on art full-time—a pivot that involved moving from Lagos to the U.S.

    “Far from home, with little familiarity and no family nearby, I experienced a constant sense of longing and nostalgia that eventually permeated my work,” Agada told Observer. “The figures I depicted began to reflect fragments of my memories, reduced to simplified forms, shadows and lines—mere vestiges of my past. I sought ways to navigate this longing and explore how the migrant form adapts to globalized spaces.”

    Agada’s style is a confluence of Surrealism and postcolonial theory, and much of his work explores the “third space” concept popularized by Homi K. Bhabha. With earthy tones, shadow and light, he depicts clashes of memory and migration in psychologically engaging landscapes where intersecting cultural identities and shifting power dynamics create tension-filled environs populated by distortions representing not individuals but states of being.

    SEE ALSO: Gillian Varney On the Lumen Prize and Its Relevance After Thirteen Years

    On the occasion of the opening of “Between Two Suns,” the artist’s first solo show in Los Angeles now on at Roberts Projects, Observer connected with Agada to discuss his influences, how his life’s journey has shaped his work and what he hopes people will take away from the show. With his star on the rise, expect to see more of him.

    The surreal distortion in your figures is uncanny—what shaped your visual vocabulary? 

    In the early stages of my practice, I was heavily influenced by European surrealists such as Max Ernst, Yves Tanguy and René Magritte, which grounded my work in traditional figure drawing. I later became intrigued by various modernist movements, particularly the impact of modernism on American art that challenged conventional representations of the human form. This interest sparked my desire to push the boundaries of representation in my work.

    Upon moving to the U.S. for my MFA at SAIC, my approach shifted significantly. Far from home, with little familiarity and no family nearby, I experienced a constant sense of longing and nostalgia that eventually permeated my work. The figures I depicted began to reflect fragments of my memories, reduced to simplified forms, shadows, and lines—mere vestiges of my past. I sought ways to navigate this longing and explore how the migrant form adapts to globalized spaces. My interest in Postcolonial theory grew during a class on the subject, as I found it deeply relatable.

    Encountering the works of the New York School painters opened a new avenue for developing the visual framework of my practice. The emotions embedded in their work were palpable; they were invested in infusing meaning into forms that resonate with the entire human experience. Their unique way of freezing moments within the intermediate zones of image-making further fueled my interest. Consequently, I shifted my focus from purely orthodox surrealists to artists like Arshile Gorky and Joan Miró, who employed an automatist approach while drawing on their surrealist influences.

    An abstract painting in tones earth tones; ghostly figures are suggested by swirls of paintAn abstract painting in tones earth tones; ghostly figures are suggested by swirls of paint
    Luke Agada, Therapist. Courtesy of the artist and Roberts Projects, Los Angeles, California; Photo: Robert Chase Heishman

    Who are those ghostly figures meant to be? You? An everyman? 

    Although I deeply connect with the emotional and psychological states of the figures in my paintings, they are not biographical assertions of myself. Rather, they are representations of states of being, some of which are tied to specific stories or events.

    What should people know about your approach to painting? 

    My relationship with painting has gradually shifted or evolved over time. Earlier, I paid more attention solely to the representative image, which had a major focus on the well-defined identity of the subjects. However, I soon developed an interest in how the idea and approach to representation of the figure amongst modernist painters of the 20th century evolved. This made me realize that the theme of identity is not the only foundation or final form that my work can take. I saw the need to go beyond just the reconstruction of identity.

    The transformative property of painting, amongst other things, contributed to my interest in the organic and biomorphic forms that sit at the border between the Representative and Prefigurative Image, which accurately reflects my thoughts about some of the conversations I am interested in.

    I am interested in challenging the anatomy of forms and the new meaning they assume as they adapt to a new space. Doing this creates tension between them and the space they occupy. The spaces are a mix of memory and imagination, yet they’re not purely autobiographical, as I am sometimes making a space that can only exist in a painting.

    An art installation with abstract works displayed on stark white wallsAn art installation with abstract works displayed on stark white walls
    “Between Two Suns,” installation view. Courtesy of the artist and Roberts Projects, Los Angeles, California; Photo: Paul Salveson

    I desire the paintings to have a life of their own, so there is always an ongoing negotiation between my hand and the material to capture the poetics of the moment as I layer up, add and remove paint to reveal the underpainting. I am gradually embracing the plurality of perspectives because it opens for me an infinite number of possibilities and entry points into the painted picture. Picasso and Georges Braque breaking down the picture plane into the fourth dimension was a good example for me.

    Although ideological concepts are important, I do not prioritize them over painterly values. This is because painting often operates beyond the artist’s intentions, especially upon first encounter. The meaning of a picture often reveals itself later. Therefore, I approach my work with an open mind, staying highly observant and sensitive to where the process leads me, even when working through a specific idea.

    How has your own cross-continental exposure impacted the evolution of your artistic style and/or narrative? 

    Learning how to truly “see” is one of the most valuable experiences I’ve gained as an artist. It has enabled me to view the world contextually, through the lens of the human story—understanding that each person’s perspective is filtered through their unique experiences, histories and cultural contexts. Despite the world being incredibly interconnected, with vast diversity among people of different cultural backgrounds and nationalities, the “single story” perspective remains prevalent. This oversimplification reduces complex individuals and experiences to stereotypical narratives. I have taken a keen interest in the subjectivity of forms across borders; recognizing that the interpretation and meaning of forms, as a visual language, are shaped by individual lived experiences and perspectives.

    This realization became particularly clear to me when I encountered the work of some modernist painters, such as New York School and abstract expressionist painters. Engaging with their works awakened me to new sensibilities and revealed possibilities I had not previously considered in my own work.

    I’ve read that you draw inspiration from both scholarly texts and literary works; what can you tell me about those influences in particular? How, for you, does text translate into the visual? 

    I recently developed an interest in postcolonial theory and literature, particularly some of the writings of Homi Bhabha that have helped in my understanding of the international and intercultural Third Space of migration, the binary opposition between geographies, between the East and West and how that is impacting the formation of hybridity and complex cultural identities in the globalized space. A part of my work has been derived from some of the lexicons, such as the migrant or alien, used to describe these new identities and their adaptation in the Third Space.

    An abstract painting in tones earth tones; ghostly figures are suggested by swirls of paintAn abstract painting in tones earth tones; ghostly figures are suggested by swirls of paint
    Luke Agada, Vestiges. Courtesy of the artist and Roberts Projects, Los Angeles, California; Photo: Robert Chase Heishman

    The paintings actually do resist concrete references to the theoretical part of my influences. They only carry a sensation of my thoughts and imaginations as I sample through visual references that represent the information and feeling I am trying to convey. Hence there is nothing literal about the form of the paintings that directly references my interest in Postcolonial theory visually, the scholars have done great justice in theorizing that thought through text. It’s an interpretation of all the elements that work together in the paintings to evoke the same feeling we experience about the subject.

    A direct translation of text to visual information or painting would be an unnecessary and overly illustrative narration of what has already been said. This would be a bit too much to ask of the medium of painting because it cannot have the desired impact that other media like film, animation or montage would have in doing the same thing. Rather than do that as a painter, I focus on the texture of sensations like tension, movement and transition.

    Painting is slow, not just as a medium or in the process, but in its ability to become. It has the propensity for not just immediacy but also a prolonged impression or impact that has to be digested over time. Hence, I feel the purpose of painting lies in serving as a catalyst to stimulate feelings or thoughts about a subject, and an effective way of doing that is not by giving you all the visual information or telling you what you already know. Sometimes, a strong painting will not force down on you more information than necessary—that will become “propagandist,” it rather offers you a few essential ingredients to draw you in, and the rest is up to you. That’s why individual interpretations and the meaning we all ascribe to forms can be quite subjective. It’s like taking a Rorschach test- our personalities are revealed in how we see.

    What do you hope people will take away from the totality of “Between Two Suns”? 

    First, I hope that they are able to visually digest, connect with and enjoy the formal component of the works. Through the conversations around it, I hope to invite them to meditate on the notions of displacement and hybridity and offer a visual meditation on the precarious balance between survival and dissolution. And by refusing the structuralist comfort of definitive meaning, I hope to leave space for the audience to confront their own assumptions about identity, migration and shared space.

    Painter Luke Agada Is Pushing the Boundaries of Representation

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    Christa Terry

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