One Thing The Downturn Won’t Kill: The Art Fair

“[T]he fair phenomenon, which grew out of the need for dealers to compete with the ever-expanding range of the auction rooms, is now deeply entrenched as a concept for convenient one-stop shopping and has become a key source of income for dealers.” While “there may now be too many fairs, and some may fall by the wayside, those that adapt to the new economic reality can survive.”