The Frieze Art Fair, returning to London amid Brexit challenges, reflects on the shifting dynamics of the UK art market through the perspectives of leading artists. Despite losing ground in the global market and facing gallery closures, Britain still holds a significant position in the international art scene, as demonstrated by the innovative Artist-to-Artist programme at Frieze.
Three prominent British artists—Yinka Shonibare, Zenib Sedira, and Lubaina Himid—share their insights on the impact of Brexit on London’s art scene, particularly in relation to the Frieze Art Fair, which returns to Regent’s Park from October 10-13. Since its inception twenty-one years ago, Frieze has established itself at the heart of London’s vibrant art community. In its early years, London was the epicentre of European contemporary art, significantly bolstered by the opening of major venues like Tate Modern. However, recent years have seen a decline in the city’s art market share, dropping from second to third globally as a result of Brexit and pandemic repercussions, with many galleries closing and job losses at auction houses. Despite these challenges, the UK retains a substantial stake, holding nearly 20% of the international art market. The Frieze Fair continues to assert its relevance, notably by having established artists curate new sections, enabling a collaborative initiative named Artist-to-Artist, where they nominate fellow artists for solo showcases at the fair.
The Frieze Art Fair, established in 2003, has played a pivotal role in London’s art community, showcasing contemporary art and attracting attention from around the world. Its reputation has been challenged by recent economic and political changes, especially Brexit, which has altered the landscape of the art market in the UK. While London was once Europe’s leading art hub, it has seen declines in both the number of galleries and market position, yet it still remains a significant player in the global art arena.
The insights from Yinka Shonibare, Zenib Sedira, and Lubaina Himid illustrate both the losses and gains within the London art market post-Brexit. Frieze’s commitment to showcasing artists and promoting collaboration is a testament to its enduring importance, even as the UK navigates a shifting landscape.
Original Source: www.nytimes.com