Phillips

Phillips are hosting an exhibition of late works by Barbara Hepworth (1903-1975) in collaboration with the Hepworth Wakefield.

Phillips have negotiated the private sale of ‘Baile en Tehuantepec’ by Diego Rivera (1886-1957) for $15.75m (£12m), a price which they claim is a record for any piece of Latin American art.

Auctioneers Phillips have changed their buyer’s premium with immediate effect.

Phillips have announced the appointment of Cheyenne Westphal as chairman, reporting to CEO Edward Dolman. Formerly Sotheby’s worldwide head of Contemporary art, she will start in her new role in 2017.

Just under $1.2bn changed hands at the top-end of the art market in New York this week as Sotheby’s, Christie’s and Phillips all held their Impressionist, Modern and Contemporary auctions over seven days for the first time. Here is ATG’s pick of individual highlights sold across the week.

The Design Museum will be reopening at its new site in London on November 24. It had originally been thought that the relaunch would be in the summer.

The Contemporary art market survived better than many had expected at the London auction series last week.

Phillips set a new high for Martinware with the sale of this 14in (36cm) high bird jar modelled as Benjamin Disraeli for a double-estimate $190,000 (£126,670).

Two single-owner collections of Martinware – each exceptional in their own way – will appear for sale on either side of the Atlantic this autumn.

London’s growing importance as a hub for Modern design – boosted with the imminent return of sales at Sotheby’s – was underlined this month with records at Phillips in Mayfair.

Phillips are to begin-streaming their sales live on eBay’s platform for upmarket auctions of fine art and antiques.

The latest series of Contemporary art auctions in London posted a bumper total despite the failure of some big-ticket lots.

The latest Modern and Contemporary art auctions in New York took the market to new heights with $2.73bn (£1.84bn) changing hands over two weeks of flagship sales.

The Lockheed Lounge by Australian designer Marc Newson beat its own record as the most expensive work to sell at auction by a living designer when it fetched £2.1m at Phillips in London.

Phillips have made a statement of intent by opening their new saleroom and exhibition space in the heart of Mayfair and on the doorstep of Sotheby’s and Bonhams.

There was no slowing down in the Contemporary art market as the latest sales in New York posted a record for any auction series.

Christie's former chief executive Edward Dolman is to become chairman and chief executive officer of Phillips this summer.

The Contemporary art market rose to a new level last week as both Sotheby’s and Christie’s saw record sales in New York.

This year’s Frieze week auction totals in London were largely consistent with 2011, but the much-publicised sale of Eric Clapton’s prize abstract by Gerhard Richter (b.1932) proved crucial in bolstering the overall figures.

Highly lucrative totals, a record sale and a selection of unprecedented prices seen for individual artists – the Contemporary art market seemed to carry on regardless in London last week.