Phillips Expands as Mitterrand Opens Avenue Matignon Space and Almine Rech Departs

Phillips is accelerating its development in Paris, while a new gallery venture led by Mitterrand opens on avenue Matignon and Almine Rech leaves the same street. The moves were reported by Le Journal des Arts on 18 September 2026 in issue n°683, under the heading Marché. The article itself is reserved for subscribers, so further operational details, exact addresses, opening dates and the reasons behind Almine Rech's departure remain unavailable. The simultaneous arrival and exit on avenue Matignon underscore the ongoing reshuffling of galleries and auction houses in Paris's prime art-dealing districts. The same issue also covers the 25th edition of Parcours des mondes, which drew sustained attendance and returning foreign collectors despite an uncertain market, and features a profile of auctioneer Charles-Édouard Delettrez, who is betting on the Left Bank to grow his auction house while keeping its rue Drouot base. An interview with Florence and Capucine, who took over their family gallery after the death of their mother Anisabelle Berès-Montanari, examines how roles and artistic directions are being redefined. A separate piece highlights thirteen works from a major series by British sculptor Caro, shown in France for the first time.