Art Fairs Model – Good or Bad?
According to The Art Market | 2019, the annual global art market analysis by Art Basel and UBS, sales in the global art market reached a staggering $67.4 billion in 2018. The U.S. accounted for 44% of sales, making the nation the largest art market worldwide. With an estimated $16.5 billion, art fair sales account […]
Witnessing the Painful Fall of the Art Gallery Business
In just the past few years, we’ve heard about more and more galleries closing across many cities around the world. After 22 years, L.A.’s ACMA Gallery shut its doors abruptly with little explanation. London’s Limoncello announced its closure in 2017, citing, “The numbers didn’t add up”. And closing in August 2018, New York’s Envoy Enterprises […]