The Frieze London
art fair was a resounding success, despite much hand-wringing about the possible cooling effects of Britain’s imminent exit from the European Union. Exhibitors at the London expo and its sister fair Frieze Masters, both of which closed on Sunday, reported strong sales across multiple sectors. The consensus among dealers and buyers was that even though many are worried about how Brexit will impact the art market, it hasn’t happened yet—and perhaps it never will. So why fret? In other words: Keep calm and carry on.
“Before the fair opened, nobody was sure if and how Brexit would impact the fair, and I’m pleased to say it hasn’t really,” Victoria Siddall, the director of the Frieze Fairs, said in an interview on Saturday. “It’s a testament to the strength of London, the strength of the market, and the global community that makes up the art world.”