PARIS: Paris’ top contemporary art fair the International Contemporary Art Fair (FIAC) is off to an upbeat start, with galleries and dealers betting on brisk business despite the grim economic outlook.
One of Europe’s top art fairs, held on the heels of London’s Frieze last week, the FIAC opened Thursday and brings together works from 168 galleries for four days under the ornate glass-and-iron vaults of the Grand Palais exhibition hall.
New York’s Pace Gallery, one of 27 US outfits present, said the business outlook was good. “We have sold a lot of works,” its director Arne Glimcher told AFP. “We are feeling no impact from the financial crisis.”
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