News Digest

What Sold at FIAC 2021

The return of Paris’s Foire Internationale d’Art Contemporain (FIAC) after a two-year hiatus due to COVID-19 was met with much trepidation. Despite the strong showing at this month’s Frieze Week in London and the relative success of online sales—which have become an absolute necessity for many galleries over the past year and a half—a mid-year review by Dr. Clare McAndrew on “Resilience in the Dealer Sector” found that French galleries had suffered a 6% decrease in sales due to COVID-19 restrictions, various new regulatory constraints (including the fallout from Brexit), and even political uncertainty, as the 2022 French presidential race begins to gear up.
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