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Auction houses take hits, museums feel heat, designers take plaudits

Picasso's portrait of his wartime mistress Dora Maar, "Bust of a Woman Seated in a Chair," 1939, sold for $4.7 million at Christie's in May  

(CNN) -- Ethics was a theme in the art world in 2000 as a price-fixing scandal tainted the world's two top auction houses, paintings looted by the Nazis were returned to heirs, and questions were raised about the authenticity of Internet art sales.

Innovations were honored in design, and two veteran fashion icons were recognized for their impact on style.

ART

Sotheby's, the world's largest auction house, and its former chief executive pleaded guilty in October to a multimillion-dollar price-fixing scheme with rival Christie's. Together, Sotheby's and Christie's control nearly the entire $4 billion auction market.

Sotheby's admitted its role in the antitrust conspiracy uncovered during a three-year Justice Department probe. Diana "Dede" Brooks pleaded guilty to conspiring to violate antitrust laws.

  IN-DEPTH
  • Academy Awards
  • Grammy Awards
  • Emmy Awards
 
 INTERACTIVE
  •  Opposites attract in Armani's fall/winter line
  •  As a winner of the Pritzker Architecture Prize, Rem Koolhaas has been recognized for his flair for unconventional and creative designs.
  •  Valentino welcomes spring with a bouquet of floral spring/summer designs.
 

Despite the scandal, spring and fall auction sales were considered strong. In November, a Mark Rothko abstract painting sold for $11 million at Sotheby's in a $43 million contemporary art auction that set records for 12 artists. Records also were broken at Christie's.

Nazi-looted paintings

U.S. and European museums continued to investigate their collections and seek out the rightful owners of artwork confiscated from Jews by the Nazis in World War II. In November, the National Gallery of Art in Washington said it was returning a 17th-century Flemish oil painting, "Still Life with Fruit and Game" by Frans Snyders, to the heirs of a French Jewish family. Earlier in the year, Boston's Museum of Fine Arts joined other museums using their Web sites to try to trace ownership of items in their possession.

Online bidders beware

The minimum asking price was just 25 cents, but eBay bidders hoping to cash in on a possibly undiscovered painting by the late modernist Richard Diebenkorn pushed its price to $135,805. When the seller, a Sacramento-area lawyer, admitted he made up parts of the description, eBay voided the sale. Federal authorities subsequently widened their probe into the potential for online cons.

DESIGN

Rem Koolhaas became the first Netherlands architect to receive the coveted Pritzker Architecture Prize. A jury of design and architecture experts cited his flair for unconventional and creative designs over the past 20 years.

Among his projects: a "three-story" home in Bordeaux, France, for a wheelchair-bound man. It features a glass room that acts as an elevator between the top and bottom living quarters.

In November, the American Institute of Architects chose architect Michael Graves as its Gold Medal 2001 winner. Like Koolhaas, Graves -- whose versatile designs range from teapots to corporate headquarters -- was praised for his innovative work.

FASHION

For nearly 40 years the fashions of Italian designer Valentino have symbolized elegance and glamour. In recognition of his talent, the Council of Fashion Designers of America gave him its highest honor -- a Lifetime Achievement Award.

Valentino also has shown he can bend with the times. He referred to his fall/winter 2000 couture collection as "easy couture," explaining that women still want couture, but they also want easy-to-wear separates.

Another fashion icon, Italian designer Giorgio Armani, grabbed the spotlight at New York's Guggenheim Museum, where a retrospective featured 25 years of his collections.

"Fashion is at the heart of human expression, and is a mirror that reflects society and its culture," Armani said.


   Arts & Style

   Top 5

U.S. galleries seek art stolen by Nazis

American art galleries from Boston to Los Angeles researched their collections to see if they included art stolen from Holocaust victims by the Nazis.

• U.S. galleries probe art the Nazis may have stolen
• U.S. museums work to trace art plundered by Nazis
• U.S. galleries probe art the Nazis may have stolen

Video CNN's Richard Blystone reports on art that was looted by the Nazis is being returned
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Auction houses charged with price fixing

Sotheby's and Christie's, which monopolize the $4 billion auction market auction worldwide, agreed to pay $512 million to settle claims that they had conspired to fix prices and commissions.

• Auction houses say spring sales unhurt by scandal

Video Auction houses charged with price fixing
Real:  28K  80K
Windows Media:  28K  80K

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Dutchman wins the 'Nobel of architecture'

Architect Rem Koolhaas, a 56-year-old Dutch-born Harvard professor, was awarded the Pritzker Architecture Prize. His projects include the Educatorium at Utrecht University in the Netherlands, the Grand Palais in Lille, France, and a home for a wheelchair-bound man in Bordeaux, France.

• Koolhaas receives 'Nobel of architecture' in Jerusalem
• Rem Koolhaas wins architecture's top award

Koolhaas Gallery

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Fashion industry honors Valentino

Italian designer Valentino, whose styles over the past 40 years have graced such women as Sophia Loren and Jacqueline Kennedy Onassis, received a Lifetime Achievement Award from the Council of Fashion Designers of America.

• Valentino: A lifetime of fashion

Valentino Gallery

Video CNN's Elsa Klensch looks at how Valentino's couture has changed in 40 years
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Armani gets a gig at the Guggenheim

The innovative fashions of Italian designer Giorgio Armani were featured in a retrospective at the Guggenheim Museum and believed to be the largest, one-man exhibition ever.

• Show looks at minimalist's mega-impact on fashion

Armani Gallery

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Top 5 stories in Arts & Style
U.S. galleries seek art stolen by Nazis
Auction houses charged with price fixing
Dutchman wins the 'Nobel of architecture'
Fashion industry honors Valentino
Armani gets a gig at the Guggenheim