Through Art Market & You, Art From Us provides you Analysis, Opinion and Factual Reports regarding the current on-goings of the Global Art Market. In this article, we explore the rescheduling of Art Brussels.
Our Director Divvya Nirula presents reports from the international art market with the view to assist our collectors, investors, and all lovers of art.
The novel Coronavirus (COVID-19) broke out in China towards the end of 2019. With Wuhan as its ‘epicenter’ the virus has spread across the globe. First shutting down corporations and cities, and subsequently entire countries. Life as we know it has ceased to exist. People are locked away in their homes. Consequently, the stock market is in limbo. This has brought about a virtual crash in the global economy. Further, governments have imposed country-wide lockdowns. Medical professionals are running helter-skelter to contain the pandemic. Right now even the availability of basic necessities is in question. Therefore, the luxury sector of course takes a massive hit.
The team and I have thus compiled a list of rescheduled and cancelled art events. These events are from across the globe. Coronavirus has certainly caused a great deal of damage in the art world.
Authorities for Art Brussels have postponed their opening. The event has moved from April to end of June 2020. This is done in keeping with the rules laid down by the Belgian government. The statement was released on 13th March. This is to be the 28th edition of the fair.
Presumably rescheduling the event will not result in a total loss for all involved. However, damages due caused by the delay are inevitable. Despite this, several art event organisers internationally have taken the tough decision to reschedule.
To read more on facts and opinions, visit Art Market & You.