Paris Internationale Launches Milan Edition During Art Week, Highlighting City's Growing Art Hub Status
Later this month, Paris Internationale, a non-profit art fair, will debut its first edition in Milan, featuring 34 galleries such as Jocelyn Wolff, kaufmann repetto, Luisa Delle Piane, and Sylvia Kouvali. This launch aligns with Miart and the Salone del Mobile during Milan Art Week. Co-founder Nerina Ciaccia highlights Milan's rich cultural heritage and its robust tradition of collecting as pivotal factors for selecting this city. The local art landscape has expanded, exemplified by Thaddaeus Ropac opening a gallery last September, following Italy's reduced 5% VAT on art sales. Although there is significant international interest, Italy's art market accounts for just 1% of global trade, with Milan hosting approximately 20 foundations, many associated with fashion, drawing collectors from near and far.
Key facts
- Paris Internationale launches its first Milan edition later this month with 34 galleries.
- The fair coincides with Miart and Salone del Mobile during Milan Art Week.
- Nerina Ciaccia cites Milan's cultural maturity and strong collecting tradition as key reasons for the launch.
- Italy implemented a 5% VAT on art sales in September, the lowest rate in the EU.
- Thaddaeus Ropac opened a Milan gallery last September, noting an influx of millionaires from London due to UK tax changes.
- Tax breaks for expats in Italy initially offered a flat €100,000 annual rate, now increased to €300,000.
- Italy's domestic art market represents 1% of global trade, with northern Italy having a long-established collector base.
- Well-known collectors like Miuccia Prada, Luigi Rovati, and Marco Tronchetti Provera have opened museums in Milan.
Entities
Institutions
- Paris Internationale
- Jocelyn Wolff
- kaufmann repetto
- Luisa Delle Piane
- Sylvia Kouvali
- Galerie Ciaccia Levi
- Miart
- Salone del Mobile
- The Art Newspaper
- Thaddaeus Ropac
- Ben Brown
- Herald St gallery
- Hauser & Wirth
- Palazzo Forcella De Seta
- David Kordansky
- Victoria Miro
- Thomas Dane
- Prada
- Luigi Rovati Foundation
- Pirelli
Locations
- Milan
- Italy
- Paris
- France
- New York
- United States
- London
- United Kingdom
- Piraeus
- Greece
- Bologna
- Palermo
- Sicily
- Venice
- Naples
- Turin
- Austria
- Los Angeles