SEOUL, Apr. 5 (Korea Bizwire) — The Galleries Association of Korea said Friday it plans to send an official letter to the Los Angeles County Museum of Art (LACMA) concerning the authenticity of four Korean paintings currently on display, the association said Friday. The paintings under suspicion of being forgeries include Park Soo-keun’s “Waikiki” and [...]
SEOUL, Sept. 6 (Korea Bizwire) — In recent days, foreign luxury fashion brands have been actively participating in Korean art-related exhibitions and events. The French fashion brand Chanel announced on Tuesday that it will showcase the ‘Now & Next’ video series, which highlights modern Korean artists, in collaboration with the international art fair Frieze, scheduled [...]
SEOUL, June 26 (Korea Bizwire) — Art exhibitions are gaining popularity this year, with thousands of South Koreans flocking to art museums for large-scale exhibitions. The art industry reported that Maurizio Cattelan’s solo art exhibition at the Leeum Museum of Art in Seoul has been visited by 210,000 people since its opening in January. “Joseon [...]
SEOUL, Dec. 21 (Korea Bizwire) — South Korea’s art market is expected to break the 1 trillion-won (US$776.5 million) mark for the first time this year on the back of brisk sales by galleries and art fairs, according to a report released Wednesday. The trade volume of artworks nearly tripled from 2020 to 922.3 billion [...]
NEW YORK, Nov. 28 (Korea Biziwire) — Iranian artists Sheida Soleimani, Aphrodite Désirée Navab, Z, Icy and Sot, Shirin Neshat, Mahvash Mostala, Sepideh Mehraban, and Shirin Towfiq, alongside artists Hank Willis Thomas and JR, activate New York’s FDR Four Freedoms State Park with a provocative multi-day and multi-media art installation facing the United Nations entitled Eyes on Iran, November 28, 2022 [...]
SEOUL, May 18 (Korea Bizwire) — As an increasing number of young collectors are leading the booming art market in South Korea, listed auction houses have seen rising sales in the first quarter of this year. Seoul Auction, a major auction house and a gallery operator, sold 21.6 billion (US$17 million) won worth of art [...]
SEOUL, May 16 (Korea Bizwire) — A growing number of galleries have joined the ranks of the so-called “RM Tour,” in which fans of BTS member RM, an art enthusiast, visit various art museums and galleries previously visited by him. The leader of K-pop supergroup recently posted a photo of himself at British artist Oliver [...]
SEOUL, April 6 (Korea Bizwire) — The booming art market in South Korea saw a surge in auction sales as of March. The Korea Arts Management Service reported that the total bidding price at 71 auctions led by 10 local auction houses during the first quarter of this year reached 78.5 billion won (US$64.4 million). [...]
SEOUL, March 25 (Korea Bizwire) — The boom of the local art market is expected to continue this year thanks to swelling demand for artworks from individual investors amid the protracted pandemic, industry data showed Friday. The 2022 Galleries Art Fair, one of the biggest art trade fairs in South Korea held from March 16-20, [...]
SEOUL, March 8 (Korea Bizwire) — Department store chains are jumping into the art market as more consumers are going beyond exhibiting artworks to collecting and investing in them. Coupled with the rising trend of home decoration, the art market is sizing up rapidly. Lotte Department Store has been selling artworks at six stores since [...]