More stories

  • in

    Paris Is Rising as an Art Market Hub, With Some Way Left to Go

    Sotheby’s opened a new salesroom and international collectors are arriving for the inaugural Art Basel Paris fair. But visiting is one thing; buying is another.“This is the Mona Lisa of handbags,” said Aurélie Vassy, Sotheby’s head of handbag and fashion sales in Europe, as she unlocked a glass display case and proudly revealed a battered black leather Birkin.“The first in the world, made for Jane Birkin. It’s the beginning,” said Vassy, pointing out the design features of the bag, specially made by Hermès for the Anglo-French singer and actress in 1984. Three years earlier, Birkin had found herself sitting next to the chief executive of the luxury brand on a flight from Paris to London and had sketched the design on the back of a sick bag.This precious fashion icon, on loan from the collection of the pre-owned luxury dealer Catherine B, was one of the star exhibits at the opening of Sotheby’s new salesroom in the Avenue Matignon district of Paris on Saturday. The auction house will hold Surrealism and modern art sales on Friday, just days after the inaugural edition of the Art Basel Paris fair begins in the newly renovated Grand Palais.Aurélie Vassy, Sotheby’s head of handbag and fashion sales in Europe, with the very first Birkin bag.Dmitry Kostyukov for The New York TimesThe Paris art scene is expanding. After Britain’s 2016 vote to leave the European Union, a procession of international gallerists established spaces in the French capital, expecting its underperforming art market to revive at London’s expense.When Art Basel took over the management of Paris’s flagship October fair in 2022, this nurtured hope that the city’s art scene would become a magnet for international collectors. (It ran the fair for a couple of years from a temporary location under the ungainly name “Paris+ par Art Basel” before rebranding for this year’s edition.)We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

  • in

    Art Basel Returns, Larger, and More French, Than Ever

    The fair will open in a freshly redone space with a new name. ‘In a way, it’s year zero,’ explained Art Basel’s chief executive.Art Basel Paris returns for its third edition with two big changes: It will be held for the first time in the newly renovated Grand Palais, and its name, formerly Paris+ by Art Basel, has been simplified and brought in line with the organization’s other art fairs.Open to the public Oct. 18-20, 195 galleries will display their wares, an increase of 27 percent from last year, since the Grand Palais can now accommodate more dealers than the former venue, the temporary Grand Palais Éphémère.A new section will debut, too: Premise, for focused presentations of older works that can include those made before 1900, the usual cutoff point for art to appear in the Art Basel fairs. Nine galleries will participate.“In a way, it’s year zero,” Noah Horowitz, the chief executive of Art Basel, said of the fair’s reset.Despite the larger number of exhibitors this year, Horowitz noted that it was still the smallest of the four Art Basel fairs (the others take place in Hong Kong, Miami Beach and Basel, Switzerland) and had the smallest booths. Space is still at a premium.“The selection process for Art Basel Paris was in many ways the most excruciating process I’ve ever borne witness to, only because of the extra amount of demand and the relative paucity of space,” Horowitz said. “There are incredible galleries, all very well deserving, that are not in the show.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More