SHARES

The trade association of art dealers in France (Comité professionnel des galeries d’art) has warned that a third of French galleries may be forced to close before the end of the year due to coronavirus. This is based on the findings of a survey of the association’s 279 members, which suggests that a total of €184m will have been lost between March and June. Americans for the Arts, meanwhile, has released results from a survey of 11,500 US organisations, which estimates that a total of $4.5 billion has been lost due to the crisis.