New study on gallery market
Almost a third of modern and contemporary galleries operate in the red, while the average profit margin of 1,300 galleries from the UK, US and Germany is 6.5%, according to a forthright book about the art industry.
Almost a third of modern and contemporary galleries operate in the red, while the average profit margin of 1,300 galleries from the UK, US and Germany is 6.5%, according to a forthright book about the art industry.
