Welcome to Artvisor’s This Week in the Artworld, a new weekly journal entry where we discuss the latest art world happenings.

Last week saw some turbulent reactions following France’s retreat from their controversial Savoy-Sarr report. The policy had recommended the automatic restitution of looted African artefacts and had been held up as an exemplar for other countries. [via The Art Newspaper]

The collector and adviser Olyvia Kwok has launched her private selling events, held in New York and London. Under the name “Olyvia’s soirées”, Kwok’s company Willstone Management will provide buyers loans of up to 50% of the value of the works at 8%-10% interest, which are currently priced between $2 million to $10 million. The first sale, scheduled for early this month in London, includes five works by Jean-Michel Basquiat, Richard Prince, Tom Wesselmann and Andy Warhol [via The Art Newspaper]

Last Friday, the esteemed art historian and critic Douglas Crimp died at age 74. Crimp was the curator of the landmark ‘Pictures’ exhibition in 1977 that went on to define an entire generation of artists. His critical essays, “Pictures” as well as “On the Museum’s Ruins” are some of the most important art-historical writings of the last century. The 1977 exhibition and the accompanying essay theorized the kind of art, being produced by the five featured at Artists Space, but most notably artists like Richard Prince and Cindy Sherman, that critiqued the fundamental nature of images and pictures themselves. [via ARTNEWS and Artforum]

Phaidon released their latest publication, Vitamin T: Threads and Textiles in Contemporary Art , that narrates the history of fibres, threads and textiles during the past century. Charting a story that encompasses over a hundred global artists, the tome is part of Phaidon’s popular Vitamin series that hone in on a specific medium of visual art. The books are illustrated with images often across double-page spreads, and the concise essays are authored by key critics, curators or artists. [via Hyperallergic]

Finally, The Art Miami Group is the latest to be sold amongst a host of other sales in the constantly changing art-fair landscape. The group, which includes Art New York, CONTEXT, Aqua Art Miami, Art Wynwood and others has been sold to Informa Markets, a UK-based events producer, which generated a £2.4 billion in revenue in 2018 according to its annual report. [via artnet]