Princess Diana’s Cheeky ‘Black Sheep’ Sweater Could Fetch $50,000 at Auction + Other Stories

Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Tuesday, June 27.


Painter Cora Cohen Has Died – The New York-based painter known for her abstract painting has died at the age of 79. The artist exhibited widely over the years and one of her recent solo presentations included a 2022 show at New York’s Morgan Presents. (Artforum)

Dresden Jewel Scammer Gets Jail Time – A 54-year-old Dutch con man who was accused of profiting from jewels stolen from the historic Green Vault in Dresden has been sentenced to two years and seven months in prison for commercial fraud. The fraudster had posed as a Belgian diamond dealer and deceived the Dresden State Art Collections out of €40,000 by pretending that he would be able to retrieve some of the precious jewels stolen in the burglary. (Monopol)

Princess Diana’s Black Sheep Sweater – The iconic sweater that Princess Diana wore when she, who was then still the newly engaged Lady Diana Spencer, attended one of Prince Charles’s summer polo matches in June 1981 will headline Sotheby’s inaugural Fashion Icons Sale in September. Created by Sally Muir and Joanna Osborne and their knitwear label Warm & Wonderful, the sweater appearing in the market for the first time has a presale estimate of $50,000 to $80,000. (Evening Standard)

Fallout at the Royal British Columbia Museum – Uncertainties loomed over the future of the Canadian institution after the resignation of its chief executive Alicia Dubois, who quit just 16 months after joining the museum. The museum’s leadership has been a revolving door in recent years and questions concerning its future including its aging facilities and community engagement plans remain. (The Art Newspaper)


Tate Curator to Lead Asia Society in New York – Yasufumi Nakamori, Tate Modern’s senior curator of international art, is named director of the Asia Society in New York. Nakamori said filling the gaps in the history of Asian art was a priority. (New York Times)

Busan Biennale Names Artistic Directors – Renowned art historian and curator Philippe Pirotte and London-based independent curator Vera Mey have been appointed as co-artistic directors of the 2024 Busan Biennale, a first time for the South Korean art biennial. They were selected for their deep experiences in bridging Europe and Asia. (Press releases)

Crystal Bridges Museum of American Art Launches Remuseum – Attorney and entrepreneur Stephen Reily, formerly director of the Speed ​​Art Museum, is named the founding director of Remuseum, a three-year independent research project to promote innovation among art museums across the US (Press releases)


Australia’s New Frida Kahlo Show Opens – “Frida & Diego: Love & Revolution,” which has just opened at the Art Gallery of South Australia in Adelaide, places the work of Kahlo and husband Diego Rivera in context among their fellow artists. The show, which also presents a lot of archival photographs of the two artists, runs until September 17. (The Guardians)

Frida Kahlo

Unknown Artist, Frida and Diego remary, San Francisco, 1940, San Francisco, California, United States of America, gelatin- silver photograph, 23.5 x 18.4 cm; Throckmorton Fine Art, New York.

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