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Major auction houses have posted steep falls in turnover for the year so far鈥攂ut some categories, such as luxury goods, are booming
After an underwhelming series of auctions in New York in May, dealers exhibiting at this year鈥檚 Art Basel fair in Switzerland 鈥� which opened to VIPs Tuesday and welcomes the general public from Friday onward 鈥� hoped to quell concerns about a dip in the art market.
The first major international art event since the lockdown started took place at smaller venues around the city, rather than under a single roof.