Katya Kazakina

1 week ago | news.artnet.com | Katya Kazakina

I heard something that sounded crazy the other day. A prominent art dealer told me that a retrospective at the Guggenheim Museum in New York is like “the kiss of death” for an artist’s market. That gave me a pause. How could an achievement like that have such a terrible outcome?   So, I did what I always do when I hear shocking art market statements: I ran some searches in the Artnet Price Database.

2 weeks ago | news.artnet.com | Katya Kazakina

This article is part of the Artnet Intelligence Report, The Year Ahead 2025. Our analysis of the second half of the year’s market trends provides a data-driven overview of the current state of the art world, highlighting auction results and trends, and spotlights the evolving tastes in a turbulent market. How has the art scene in Dubai changed since you opened your gallery there? I opened my gallery in 2015, but I’ve been attending Art Dubai and Abu Dhabi Art for the past 18 years.

2 weeks ago | news.artnet.com | Katya Kazakina

Art advisor Adam Green stayed up until 2 a.m. on Wednesday night, too rattled by the White House’s “Liberation Day” to go to bed. He was trying to figure out the impact of the administration’s global tariff rollout on the art trade. Specifically, what to do about three paintings his clients recently purchased abroad. Will they have to pay an additional $45,000 in tariffs by the time art arrives in the U.S.?

3 weeks ago | news.artnet.com | Katya Kazakina

Visiting Savannah, Ga., for the first time two weeks ago, I was charmed by the Spanish moss hanging off the twisted oaks, the historic squares, the stately mansions with windows as tall as doors, the blooming cherry trees, and the James Beard Award-winning restaurants. I’d heard about these things, and they were even more spellbinding in reality. But there was something else that I didn’t anticipate at all. The omnipresence of the Savannah College of Art and Design.

1 month ago | news.artnet.com | Katya Kazakina |Margaret Carrigan |Vivienne Chow

The market is shifting gears. Who’s behind the wheel? As we enter 2025, the art market is undergoing a profound shift. Last year, total fine-art auction sales dropped 27.3 percent, to $10.2 billion, continuing a downward trend that started in 2023. Trophy lots saw the steepest decline, with $10 million-plus sales declining 44.2 percent, while ultra-contemporary art dropped nearly 37.9 percent. This is more than a market correction. It’s a transformation.