Ronald Perelman can pursue a claim that art gallery owner Larry Gagosian used his position of trust to force the billionaire to buy a Jeff Koons sculpture of the cartoon character “Popeye” for $4 million, a judge ruled.
Singapore is taking center stage on the global art circuit this week as collectors descend on the city-state for Southeast Asia’s largest art fair, auctions and a video by Russian feminist art collective Pussy Riot.
Early this morning, revelers outside the Miami pop-up of the Paris nightclub Silencio found a popsicle-wielding indie-pop star staffing an ice-cream truck studded with half a million Swarovski crystals.
Marc Jacobs’s departure from Louis Vuitton to focus on an initial public offering of his own brand is set to provide a double boost for LVMH Moet Hennessy Louis Vuitton SA, the owner of both luxury fashion labels.
Sheikha Mayassa bint Hamad Al Thani, sister of Qatar’s Emir and chairwoman of the Qatar Museums Authority, tops ArtReview’s 2013 ranking of the art world’s 100 most influential figures, the Power 100, published today.
Gallery owner Larry Gagosian is accused in two lawsuits, including one brought by billionaire Ron Perelman over a $4 million sculpture named “Popeye,” of using his position in the art world to negotiate secret deals, push clients around and manipulate prices for contemporary works.