Christie’s has announced its valuation of the 2,800 artworks from the Detroit institute of Arts.  They believe they are worth between $454 million and $867 million. Christie’s spent three months determining the collection’s fair market value after Detroit filed for bankruptcy last summer. Its findings were submitted in the long-awaited report to Detroit’s state-appointed emergency
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Kazemir Malevich and the Russian Avant Garde comes to Tate Modern on July 17 through to October 24th.  This is the largest Malevich exhibition for
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  Yesterday, the Kandinsky Prize 2013 (the Russian award established in 2007 in Moscow on Shalva Breus’ initiative, publisher of ArtChronika magazine and president of the eponymous cultural foundation) and its international jury team announced the winners. The Project of the year (40.000 Euros) went to Irina Nakhova for Without a Title, while the Young Artist of the
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According to Colin Gleadell in the Luxury section of London’s Telegraph newspaper Russian buyers were out in force at the recent Old Master sales at Christie’s and Sotheby’s in London.  Russian buyers have mainly stuck to Russian art over the last 2o years but it may that they are finally starting to persue other art categories
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Under pressure from activist shareholder Dan Loeb and his Third Point hedge fund Sotheby’s continues to strengthen its senior management with the recent appointment of Alfredo Gangotena as Head of Marketing.  Until July, when he resigned, Gangotena was marketing chief of Mastercard where he had considerable success.  In a Sotheby’s press release Gangotena is described
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An interesting profile of David Zwirner has been published in the New Yorker which gives an insight into the background and dealing practice of one today’s leading contemporary art dealers. Dealers Hand – Why are so many people paying so much money for art?  Nick Paumgarten, The New Yorker, Dec 2 2013. Very important people
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2014 has been declared the UK-Russia year of Culture in a joint statement signed in March 2013 by Foreign Secretary William Hague and Foreign Minister Sergei Lavrov.  Exhibitions will include Russian Avant-Garde at the V&A, Malevich at the Tate Modern and Victor Popkov at Somerset House.  The Moscow Philharmonic Orchestra will perform at Cadogan Hall,
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  Aidan Salakhova gives her reasons for shutting her cutting edge-gallery in Moscow in an article published in the Moscow Times.  Rather than just blaming it on the recession Salakhova cites the low-level of russian interest in cultural matters.  Salkhova is the daughter of the leading Severe Style artist Tair Salakhov who pioneered this 1960’s
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Natalia Vodianova, the beauty from Nizhny Novgorod, lends her profile to the cover of the November issue of the Mayfair Times magazine which is built around a Russian theme in light of Russian Art Week commencing on the 22nd November.  Vodianova, who now lives in Paris,  gives an interview discussing her charity the Naked Heart
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  Russian art and culture, the popular and successful on-line magazine and website established by the charming and energetic Theadora Clarke, has just published its useful guide to the forthcoming Russian art week in London when dealers and galleries get together to exhibit their best selection of Russian art.  This year is of particular interest
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