How Brexit tanked an art dealer’s business by 60 percent ‘practically overnight’ + other stories

Art Industry News is a daily summary of the most radical developments coming from the art world and the art market. Here’s what you need to know on Friday, April 29.

MUST READ

Venice museums send supplies to Ukraine Local museums in Venice are sending protective fabrics, foam panels and data loggers for tracking changes in humidity and temperature to Ukraine’s Lviv National Art Gallery as part of the Save Ukraine Art 22 initiative. The network of private companies, public institutions and museums is working on creating a supply chain to provide key materials to protect the arts in the besieged land. †the art newspaper

Matisse’s The red studio Brought to life in NYC Show – A show opening on May 1 at the Museum of Modern Art in New York will be Matisse’s . mimic The red studio (1911). The real paintings depicted in the packaged composition are brought together to create a replica of the scene. The exhibition will travel to the SMK National Gallery of Denmark in Copenhagen in October. †BROWN

How Brexit Killed One Dealer’s Business – British Old Masters dealer Steve Shovlar says Brexit practically ruined his business overnight after successfully selling art for the past 15 years. Since the UK left the EU on January 31, 2020, his company’s income has fallen by 60 percent. Since the majority of its customers are located in the EU, the associated taxes and red tape have made trading “virtually impossible”. †BROWN

SFAI gets a grant to keep the Diego Rivera mural he tried to sell – The San Francisco Art Institute received a $200,000 grant from the Mellon Foundation to preserve a fresco by Mexican muralist Diego Rivera, which was recently awarded landmark status. The embattled school previously considered selling the 1931 mural, which was estimated to be worth $50 million, to pay off a $19.7 million debt. The move was frowned upon by locals and art historians. †ART news

MOVERS & SHAKERS

Harry Potter galleys make estimates right poof! The only known set of galley plates (original proofs) for JK Rowling’s Harry Potter and the Philosopher’s Stone sold for £37,500 ($47,011) at London’s Chiswick Auctions. The uncorrected sheets are a version of the book submitted for proofreading. The pages went to a telephone bidder from abroad. †Evening Standard

Friends revive groundbreaking black superhero for Art Show – Larry Fuller invented one of the first black superhero cartoon characters, Ebon, in 1970, and paved the way for others, including Marvel’s Black PantherA new show at the Culver Center of the Arts in California, “‘Ebon: Fear of a Black Planet’: A Black Kirby Project,” examines his legacy. It is a collaboration between Fuller and the duo behind the art collective Black Kirby, Stacey Robinson and John Jennings. †LA Times

The Royal Academy appoints new trustees – Clara Amfo and Dame Vivian Hunt have assumed the role of trustees of the Royal Academy Trust. Amfo is a popular voice on British radio and television; Dame Hunt is a senior partner for McKinsey & Company. †press release

IN THE INTEREST OF ART

London Gallery Weekend plans new initiatives – The second edition of London Gallery Weekend, the largest event of its kind in the world, will take place next month, May 13-15, at over 150 participating galleries. For the first time, the platform is launching a performance public art commission together with artist Mandy El-Sayegh. The Gallery Weekend has also named the 18 institutions that will receive funding from its inaugural partnership with Art Fund in an effort to build relationships between commercial galleries and regional institutions. These include Nottingham Contemporary and the Gallery of Modern Art in Glasgow. †press release

Mandy El Sayegh by Abtin Ashraghi.

Mandy El Sayegh by Abtin Ashraghi.

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