Artnews.com Market

• A Picasso Stolen 65 Years Ago Has Resurfaced. The Guggenheim Wants It Back

  The Guggenheim says it demanded the painting’s return in August 2023. The owners refused, and the picture has been at Christie’s ever since.

• The Luxury Industry is Contracting—So Why Are Auction Houses’ Luxury Sales Booming?

  Luxury sales at the major auction houses are booming even as the wider industry has lost 50 million buyers in recent years.

• SFMOMA’s New Senior Curator, Blaqiuer Estate Sale, and More: Industry Moves for August 13, 2026

  Anna Katz joins SFMOMA from MOCA Los Angeles, where she most recently served as senior curator.

• Atlanta Art Fair’s Third Edition Will Host 67 Galleries, Hailing From as Far as Korea, Spain, and Uganda

  The fair is run by director Kelly Freeman and artistic director Nato Thompson.

• Both London’s Sid Motion and Beers Galleries Are Closing, Citing Economic Pressures

  Founder Sid Motion opened her gallery as a side hustle in a disused betting parlor in 2015.

• 20 Years After eBay, ‘The Devil Wears Prada’ Costumes Are Back at Auction, This Time at Christie’s

  In 2006, she came up with the idea of auctioning costumes from the first movie, with some of the wardrobe sold on eBay to benefit Dress for Success.

• White Cube Now Represents Tesfaye Urgessa, First Artist to Represent Ethiopia at the Venice Biennale

  His first solo show with the gallery will open in September in Hong Kong.

• The 10 Most Expensive Alberto Giacometti Works Ever Sold at Auction

  Ten lots that trace his meteoric ascent from the upper echelons of the market to the rarefied realm of nine-figure sculpture sales.

• The Great Estate Rush That Is Reshaping the Art Market

  “There is no question that the recovery of the market at this moment is entirely being driven by these collections,” one market watcher said.

• Sotheby’s New Comms Chief, Freeman’s New Old Masters Head, and More: Industry Moves for August 5, 2026

  Natasha Le Bel, formerly global head of communications at Christie’s, has been named Sotheby’s chief communications officer.