The Financial Times has a piece on the recently released TEFAF Markets report, the first under economist Rachel Pownall after Clare McAndrew left the organization for Art Basel. Pownall has embraced a new strategy in this year, downplaying the number of galleries and focusing on narrow fields of information, with “the outcome that the industry estimates are smaller, yet we consider this to be more representative of the art and antiques market globally.”
Read more at FT
