Saturday, August 24, 2013

New Life on the Fair Circuit

Dealers worldwide earned about 36 percent of their sales on average through local or international art fairs in 2012, an increase of 6 percentage points from 2010, according to the European Fine Art Foundation’s Art Market Report by Arts Economics, which surveyed 6,000 dealers. 

For some, the share is even higher: according to Mr. VeneKlasen, 75 percent of his sales 10 years ago were made in his galleries, but now nearly two-thirds of revenues are earned on the road. 
Read the whole article in the NYT here. DC's own art fair -- (e)merge -- opens next month.