"The international art fair calendar is notoriously crowded. Just as visitors to Frieze London have taken off their trainers, they might be putting them back on and dashing off to Art Basel Paris, which opens on 22 October, only three days after Frieze concludes. The French edition takes place in the magnificent Grand Palais, under its soaring glass roof, adding further allure to the event."
"By contrast, it is no secret that the London art scene is experiencing turbulence. There has been a "wealth drain" of moneyed patrons fleeing to more tax-friendly shores. Brexit has introduced significant logistical challenges for art dealers, including complicated tax and import/export regulations, increased paperwork, and the loss of the UK's status as a preferential entry point to the European Union owing to the 5.5% import tariff on art."
The international art fair calendar is densely scheduled, with Art Basel Paris opening on 22 October, three days after Frieze London concludes, in the Grand Palais under a soaring glass roof. Paris benefits from high-profile private museums such as Fondation Louis Vuitton and Bourse du Commerce and the Fondation Cartier’s new Jean Nouvel-designed building near the Louvre. Questions arise about whether Basel could lose prominence as audiences fragment among top-tier fairs. London faces turbulence with a wealth drain of patrons and Brexit-related logistical burdens for dealers, including complicated tax and import/export regulations and a 5.5% import tariff on art. Basel’s show remains distinctive for its Unlimited sector.
Read at The Art Newspaper - International art news and events
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