ARTFEED — Contemporary Art Intelligence

Art Market Uncertainty, Gallery Diversity Study, and Cultural Commentary in German Media

publication · 2026-04-08

Gisela Capitain, celebrating her 40 years in the art world, observes significant uncertainty in the market, with buyers exhibiting caution. She perceives the German art scene as less competitive compared to the U.S. and critiques Art Cologne for its need for change, while appreciating Cologne as a fruitful 'province.' A report for Art Paris indicates that 34.8% of artists in the 'Paris Gallery Map' network are women, increasing to 41.9% among newer galleries; however, 85.9% of artists hail from Europe or the U.S. Financially, 33% of galleries report earnings below €1 million, while 17.6% surpass €20 million, with Galerie Mennour (€44.9 million) and Lelong & Co. (€30 million) at the forefront. Bonaventure Soh Bejeng Ndikung, director of HKW, addresses issues of ongoing colonialism and political challenges. Actress Jasna Fritzi Bauer commends Florentina Holzinger's 'Sancta' for its political messages. The history of Kristen Visbal's 'Fearless Girl' is detailed, highlighting its installation in 2017 and the ensuing legal conflicts.

Key facts

  • Gisela Capitain marks 40 years as a gallerist, criticizing current art market uncertainty as extreme.
  • A Paris gallery study shows 34.8% of represented artists are women, but geographic diversity is limited with 85.9% from Europe or the U.S.
  • Only 15.3% of artists in Paris galleries are under 40 years old.
  • Economically, 33% of Paris galleries earn under €1 million, while 17.6% exceed €20 million.
  • HKW director Bonaventure Soh Bejeng Ndikung describes colonialism as a continuing reality and faces political challenges.
  • Jasna Fritzi Bauer praises Florentina Holzinger's 'Sancta' for its visual impact and political themes on female autonomy.
  • Kristen Visbal's 'Fearless Girl' sculpture, installed in 2017, sparked a legal battle over copyright and trademark issues.
  • Gisela Capitain views the German art market as less aggressive than the American one and calls for reforms to Art Cologne.

Entities

Artists

Institutions

  • HKW
  • Tagesspiegel
  • FAZ
  • Kölner Stadt-Anzeiger
  • Art Newspaper
  • Paris Gallery Map
  • Art Paris
  • Galerie Mennour
  • Lelong & Co.
  • MDR
  • NZZ
  • State Street Global Advisors
  • Art Cologne
  • New York Stock Exchange

Locations

  • Cologne
  • Germany
  • Paris
  • France
  • Europe
  • USA
  • Africa
  • Asia
  • Latin America
  • Oceania
  • New York

Sources