British comedian and actor Russell Brand has been in the news a bit lately. He's been increasing his profile in the United States with more acting roles (he's set to take on the Dudley Moore role in the remake of Arthur) and with his romance with Katy Perry. Perhaps Brand is considering a permanent move to the U.S. because the BrickWork blog reports that Brand's home in the Hampstead area of London is on the market.

The Victorian home has been renovated in a hiply goth style that reminds me of the vintagey creations of Douglas Little. The home has five levels and features dark flocked wallpaper, large televisions and modern furniture. An entire room is given over to Brand's love of yoga and the plush black and silver master bedroom is exactly what you might from this self-confessed sex addict. The home also includes a media room, outdoor hot tub and a top floor bedroom suite which currently serves as an office. It is listed at £2.5 million.

Sotheby's and Christie's are heading east to seek their respective fortunes. The two auction houses are offering more than $26 million of Asian art this week in London. The lots themselves are attracting record numbers of buyers from mainland China, a section of the market that has shown signs of life this year. Chinese buyers were quite active in Hong Kong last month.

Nicholas Chow of Sotheby's told Bloomberg News, ""We've seen a really aggressive push from mainland Chinese collectors during the last season of sales" and that "they're buying things at the very highest level." An Imperial jade seal, for example, moved for GBP3.6 million on Tuesday, six times the high-end presale estimate.

On November 3, Christie's sold an aggregate GBP5.7 million, beating the presale estimate of GBP5.2 million. Of the 319 lots, a third didn't move. The top seller was an eighteenth century enamel model of a Buddhist shrine, which beat its presale range of GBP60,000 to GBP80,000 with a hammer sale of GBP229,250. Nine of the top 10 most expensive items went to buyers from Asia.

Collectors from mainland China are quite eager to repatriate art and other objects from their heritage, particularly the Qing and Ming dynasties ... a fact of which the auction houses are fully aware. Christie's sent 210 invitations to mainland Chinese for its 12th annual Asian Art in London event, which ends November 7, 2009. Sotheby's pursued a similar number of collectors. Bonhams has invited 30 new buyers from mainland China.

In October, the Sotheby's Hong Kong art auction was good for $170 million, with plenty of bidding and buying by mainland Chinese buyers.

Ukraine is about to get a new contemporary art center. Victor Pinchuk is shooting to make Kiev a major art destination, so the wealthy art collector is creating a new center that will be larger than the existing PinchukArtCentre, which was the first private contemporary art center in the former Soviet Union and has had more than 830,000 visitors since its doors swung open in 2006.

Pinchuk, a steel billionaire, is an avid collector, with pieces by Jeff Koons, Damien Hirst and Andreas Gursky. His new endeavor, he tells Bloomberg News, "will make Kiev and Ukraine a fantastic place for contemporary art." Pinchuk made the proclamation at a show for 20 Ukrainian artists who were nominated for the first Pinchuk Art Center Prize, which comes with a cash component of $12,200 and a one-month internship with an artist from the international scene. Hirst himself will announce the winner on December 4, 2009.

Pinchuk has a strong relationship with the artist celebrity and owns "probably half" of the skull paintings (by the collector's own estimation) in the current Hirst show at the Wallace Collection in London. He also participated in Hirst's solo auction in September 2008 but wouldn't tell what he bought.

I guess everyone has to eat, even in a recession. When the light appears at the end of the tunnel, though, appetites get bigger ... and more discriminating. In London, upscale eateries are seeing the investment banking crowd come back, and the wine is once again flowing. The cities top chefs are still worried about what will happen after Christmas, but for now, they're happy to see their creations gobbled up by the city's financial sector.

Marcus Wareing has had what he calls "a fabulous year." The waiting list keeps getting longer, and he says, "There's a good vibe." Tristan Welch's Launceston Place is seeing more wine flow, and demand is picking up. Pearl's Jun Tanaka remains cautious, "We'll really know in the first quarter 2010 if business has returned ... I don't know if it's a trend or a hiccup."

Across the city, there's a mix of optimism and trepidation. Le Gavroche, Wahaca and Le Café Anglais, for example, offer some variation of "Business is good" or "Business is booming, and Gordon Ramsay tells Bloomberg News, "There's an increasing air of confidence, which has been particularly apparent since the beginning of September." Michelle McGuire of The Palm said the restaurant had its busiest week three weeks ago since its opening in May, "with record takings." Sam Hart, of Fino, Barrafino and Quo Vadis, on the other hand, calls the improvement "fragile."

Nonetheless, this is a far cry from the angst that characterized the fine dining world a year ago. When people start to eat well, you know that things are turning for the better.

Famed French fashion house Dior has created a bespoke, Art Deco-inspired dressing table service for guests of Claridge's, the landmark London hotel (above) whose devotees include Angelina Jolie, Brad Pitt, Nicole Kidman, Kate Moss, Mick Jagger, Madonna and Victoria Beckham. Designed as the ultimate luxury amenity for glamorous occupants of the hotel's Viscount David Linley-designed suites, the service offers all the essentials necessary for a glamorous night out on the town. The Dior Dressing Table includes a carefully curated range of timeless accessories, including an elegant silk Claridge's dressing gown and slippers; a cashmere eye mask; a selection of classic Dior fragrances and beauty products; cocktails from a special 1930s menu; and era-appropriate books and music for entertainment.

[via JustLuxe]

I've visited London a few times over the past couple of years, and my visits have ranged from being a bit on the pricey side to being punishingly expensive: when it took just shy of two dollars to buy a pound, I thought twice about shelling out for the Tube. At eight bucks a go, my irrational version of travel budgeting had me figuring I'd rather spend the additional money on a taxi. (Hey, I'm a writer, not an accountant.)

Avoid all of the currency calculations when you book "The Capital Idea" package at London's Capital Hotel, in Knightsbridge. The hotel has just announced fixed-dollar rates for 2010, which includes, among other things, full breakfast, luxury chauffeured car to and from Heathrow, London City Airport or the Eurostar Terminal. The package is for three nights, singles to junior suites from $1,199 to $2,530, with additional nights from $320 to $550.

Take your savings and spend them at nearby Harrods. At least that's what I'd do.

Michael Jackson fans are getting a new look at his prized possessions in a new exhibition at London's O2 Center. The exhibit showcases many of Jackson's iconic glittering costumes as well as the eclectic bounty of his personal collections including toys, a crown, a throne and numerous portraits of himself in a variety of styles and outfits.

The show includes more than just Jackson's belongings. It also features the patented special design shoes that allowed Jackson and his dancers to lean forward at a 45-degree angle in the music video for the song "Smooth Criminal." Many other music video props are also displayed including the rocket ship he rode in the "Leave Me Alone" video and the zombie mannequins from "Thriller." The exhibit conjures up the magic of Michael Jackson and offers up some solace to the many fans who were planning to attend his London shows.

You wouldn't think that the Las Vegas to London route would be a popular flight but it seems that rivals British Airways and Virgin Atlantic are in a battle for Vegas supremacy. The first nonstop British Airways flight from London to Las Vegas landed Sunday night at McCarran International Airport. Passengers on the inaugural flight included Las Vegas Mayor Oscar Goodman and British Airways CEO Willie Walsh, who was making his first trip to Las Vegas. The picture above shows the water arch used to honor maiden flights.

British Airways plans to run flights on twin-engine Boeing 777s from London to Las Vegas and they are offering some pretty tempting rates. BNET reports that it costs just $276 for roundtrip economy flights from November 2 to December 20 and December 24 to March 28 if tickets are purchased this week. British Airways' London-Las Vegas flights will have 36 business seats, 24 economy plus seats and 212 regular economy seats. Virgin Atlantic has been doing this run since 2006 but British Airways has the advantage of flying out of Heathrow International Airport while Virgin flies out of the less-centrally-located Gatwick International Airport.

Christie's International moved $18.3 million in art at its contemporary London auction on Friday. Three pieces sold for more than $1.6 million (including fees), with the top price going for a piece by Martin Kippenberger ($3.76 million); a phone bidder acquired it. Of the 25 lots offered at the art auction, which coincided with the Frieze Art Fair, 24 sold. Half the lots went to bidders from North America.

The equivalent auction held by Christie's last year consisted of 47 lots and brought in revenue of $52 million. But, it missed the low-end estimate of $95 million by a mile. At that auction, 45 percent of the lots didn't sell.

The seemingly better performance this year may provide a warm feeling to a market that's been battered for a while, but it should be balanced against the fact that expectations were much lower than last year, a trend that has developed throughout the art market slump.

Other impressive results include $1.46 million for "Signal Box" by Neo Rauch, $1.57 million for Jean-Michel Basquiat's "Fuego Flores" and $886,000 for Damien Hirst's "Retribution."

With gold cresting over $1,000 an ounce many gold bugs are patting themselves on the back. Now for those who want to get in on the action there is a new way to buy gold. Buying gold bars isn't something you'd think of doing in a department store but Harrods is betting that some will want to buy their bullion in the same place that they buy their gold earrings.

The London Times reports that the Knightsbridge department store has begun selling bars of pure Swiss gold bullion out of a miniature vault. Gold lovers can also buy gold coins from around the world. The new gold sales are part of a collaboration with the Swiss refiner Produits Artistiques Metaux Precieux. Customers can also buy online and then collect their purchase in person. A full-sized gold bar would cost about $466,000 and those who don't have a place to store it can also arrange for a safe deposit box, vault or international service courier.

You no longer have to visit Asprey's exclusive polo shop at the Royal County of Berkshire Polo Club in the UK in order to purchase its aristocratic apparel and accessories made for the sport of kings. The storied London luxury goods firm, suppliers to the gentry and royalty for 200 years, has now made their polo gear available to order online. The full range (above) is on offer, including their leather and suede saddles ($1,100), Italian leather polo boots ($1,200) and stylish bridle leather polo holdall ($1,200), along with the requisite bridles, whips, mallets, helmets and more. In addition Asprey offers a bespoke trophy making service. Asprey also fields its own polo team, which won the prestigious Queen Mother's Centenary Tournament 15 goal trophy at the Guards Polo Club this year, and sponsors the coveted Prince of Wales Trophy.

[via Duncan Quinn]

The Frieze Art Fair is drawing the right kind of people this year, even if the art market is showing little more than hope (and even that's debatable). Roman Abramovich - billionaire, Francis Bacon fan - has been seen scoping out the merchandise. Gwyneth Paltrow is at the show, too. Both were at the VIP preview (separately), and David Ganek made an appearance as well. Ganek is a hedge fund manager and art collector, and his wife, Danielle wrote a god-awful novel about the art business in Manhattan.

The Frieze Art Fair runs through October 18 and occupies 70,000 square feet in Regent's Park. In attendance are 165 gallery owners from 30 countries, all eager to take advantage of collectors excited to be at Europe's largest art fair. But, they have their work cut out for them. Auction sales are down between 70 percent and 80 percent from last year, and that's usually a pretty good sign of how the art market as a whole is doing.

There is some action at Frieze this year. Artist Jim Hodges has an exhibition at the Pompidou Center in Paris that's captured the attention of a museum. Stefan Edlis, Jean Pigozzi and David Roberts - all prominent collectors - have been seen at the fair. Art dealer Marianne Boesky moved 13 paintings from a new series of 15 watercolors by Barnaby Furnas that depict the capture and execution of John Brown, the Civil War abolitionist. Prices ranged from $25,000 to $30,000.

After the dismal situation at Frieze in 2008, there's a collective desire for this year to be better. While wishing for an art market recovery probably won't make a difference, the sentiment itself is comforting.

Damien Hirst is again playing the role of philanthropist (so I have to be nice), along with Raqib Shaw and Marc Quinn. The artists have donated paintings to an auction that London jeweler Laurence Graff is holding for FACET (For Africa's Children Every Time). Graff wants to raise $1.26 million for the organization, which seeks to support the education, health and quality of life of children in Africa ... where Graff Diamonds picks up most of its raw material.

Graff's event follows several other charity auctions this year, all of which were pretty impressive in their results. Sotheby's raised ₤453,950 for two organizations that help orphans in Africa, and Christie's raised an astounding €342.5 million at its Yves Saint Laurent collection auction back in February – the money will be used to fund HIV research and fight the spread of AIDS.

The first lot donated was by Graff himself: diamond earrings estimated to be worth around ₤80,000. The other paintings (e.g., by Hirst) are pegged at around ₤100,000 each.

The Frieze Art Fair previews in less than a week, and London's art market players are looking to make a splash. While it's unlikely that the prestigious and well-attended event will single-handedly undo 12 months of carnage, hopes are high that it will be a turning point. Frieze is the largest art fair in Europe that's dedicated to the contemporary space.

The preview will be held on October 14, 2009, and 165 galleries will be courting the wealthy collectors expected to be in attendance – up from 151 galleries in 2008. Twenty-eight art galleries left from last year, so Frieze had to find a considerable number of new participants to make up the difference and then come out ahead.

The fair is coming on the heels of a year in which auction sales are down 70 percent to 80 percent and prices for works by many major artists are down by half.

In one of the grandest gestures the market has seen since the slump began, Gerard Faggionato, a dealer from London, will be putting Francis Bacon's "Study from the Human Body after Muybridge" up for sale at a price of $9 million. This isn't exactly what Bacon's work used to fetch, but it's still a steep price in a depressed market. Faggionato represents Bacon's estate, which is the seller.

The painting shown at right, Bacon's ' Study for the Portrait of Michel Leiris ' is being shown as part of the exhibition 'Caravaggio and Bacon' at the Borghese museum in Rome.

The news out of Hong Kong has been solid so far, even if it continues the trend of meeting or beating lowered expectations. After a year of abuse, I think art collectors, gallerists and the artists themselves are eager for any good news they can claim. September was rough, according to ArtPrice, "with no room for over-bidding or risk-taking." There was only one contemporary artist, Andy Warhol, who has met expectations, so far.

But, there's room for hope: Jitish Kallah.

Kallah's only 35 years old. Born in Bombay, his work has been described by ArtPrice as "crisis-immune." The market for contemporary Indian art has been in a hard way, with the Christie's South Asian Modern & Contemporary auction last month bringing in only $5.1 million in sales – where the presale estimate was $5.6 million. Yet, Kallah's work set a new record, with "Dawn Chorus – 7" going for $320,000 and beating its high-end estimate by a factor of three.

Meanwhile, Warhol continues to deliver. A piece from his "Flower" series in 1964 went for $895,000 at Christie's in late September and a "Cambell's Soup Can (Tomato Soup)" fetched $310,000 a day later at Sotheby's.

So, we have fear and hope in October. This week, both Sotheby's and Christie's will hold auctions in the photography segment, with Phillips de Pury following next week. And, there are London sales coinciding with the Frieze Art Fair.

Let's see if art collectors are ready to dress their walls again.