Louvre Tops Attendance List, Russia Seizes Watches—and More Art News – RisePEI

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The Headlines

THE ROARING TWENTIES. The worldwide artwork market bounced back to its pre-pandemic ranges in 2021, based on a report from Artwork Basel and UBS, ringing up $65.1 billion in gross sales. That’s a $15 billion leap from 2020, which noticed the worldwide pandemic shutter galleries and scuttle auctions. Angelica Villa has details on the findings . The U.S. stays the biggest hub for enterprise, accounting for 43 % of the sphere, greater than double China, which is in second place, at 20 %. In third place is the U.Ok., at 17 %. The economist behind the examine, Clare McAndrew, mentioned in an announcement that the “rising wealth” of high-net-worth sorts “helped to help demand on the larger finish of the market.”

THE WAR IN UKRAINE. Final week, the Arkhip Kuindzhi Artwork Museum in Mariupol was destroyed, and the standing of its assortment shouldn’t be identified, based on an NBC News story that asks: “Is Russia deliberately focusing on Ukraine’s cultural landmarks?” Because the begin of Russia’s invasion final month, a minimum of 39 landmarks within the nation have been broken, based on the Transatlantic Dialogue Middle, a Kiev nonprofit. Russia’s overseas minister, Sergey Lavrov , has mentioned that that “we deal with the Ukrainian individuals, their language and traditions with unfailing respect.” In the meantime, in Moscow, Russia seized Swiss-made Audemars Piguet watches, citing customs violations, Bloomberg experiences. In a memo, Swiss officers termed the transfer “most certainly an arbitrary repressive measure in response to” sanctions imposed on the nation by Switzerland.

The Digest

Talking of experiences on the state-of-the-art world, the Artwork Newspaper revealed the 2021 version of its annual attendance survey, and the Louvre took its common spot on the prime. It notched about 2.83 million guests, trailed by the State Russian Museum in St Petersburg with 2.26 million. The Paris museum’s quantity remains to be “nicely under its pre-pandemic ranges,” per the paper. [The Art Newspaper]

The web artwork market Invaluable has a brand new CEO: David Krauter, who joined the agency in June of final yr as its chief working officer. [Press Release/Yahoo! Finance]

Lunar mud collected by astronaut Neil Armstrong on the Apollo 11 mission in 1969—and later auctioned by the U.S. Marshals Service (an extended, and never uninteresting, story)—will likely be provided at Bonhams on April 13 in New York with a excessive estimate of $1.2 million. [Penta/Barron’s]

A Piet Mondrian present on the Kunstmuseum Den Haag within the Netherlands is toasting the sesquicentennial of the artist’s delivery. Whereas some might view Mondrian as a monkish determine, he was “just about conscious of the newest tendencies in portray and the hippest music round,” a co-curator of the exhibition, Benno Tempel, mentioned. [The Wall Street Journal]

The Colby School Museum of Artwork in Waterville, Maine, has added to its assortment a dramatically coloured Religion Ringgold quilt from 2000 that presents enslaved individuals fleeing captivity by way of a dense forest. It’s titled Coming to Jones Highway #4: Underneath A Blood Crimson Sky. [Hyperallergic]

The Onion ran an art-world merchandise that we’ll not destroy right here. [The Onion/Instagram]

The Kicker

THE RULES OF THE GAME. What would artist Nari Ward like to vary in regards to the artwork discipline? Curbed requested in a 21-question interview, and he replied: “Collectors have an excessive amount of energy. There ought to be another manner that the museums can get funds or work with out having to kiss the ass of the collectors.” Ward, who opens a present at Lehmann Maupin in New York subsequent month, additionally revealed his first New York lease ($350) and his go-to restaurant, which sounds extraordinarily scrumptious. [Curbed]