Deciphering, analysis, advise

Sign of change

An Ecosystem of Resistance

Art Market | For several years now, Belgian collector Alain Servais, a new generation collector and independent financial advisor, has been informing the international art market community on the workings of a new economic reality, while questioning the traditional gallery system. He stresses the need for balance with a new ecosystem in order to hold ground as the circumstances surrounding the global art market change and the power of mega galleries - which are starting to make headway in the forward-looking market, seeking to revive artists with valuable potential - becomes apparent. Recently invited by Talking Galleries#2, a symposium examining the effects of globalisation on the art market, he sent out a warning to galleries, encouraging them to clearly define and revamp their corporate strategy and come up with new operational models, or else risk being left behind.