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Search resuls for: "Seungjin Chung"


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Seoul, South Korea Reuters —The Frieze art fair returned to South Korea for a second year on Wednesday, with dealers hoping the event would provide a boost for the burgeoning local art market, after economic woes triggered a slump in sales this year. The fair, run by Endeavor Group-owned Frieze, made its Asia debut in South Korea last year, drawing over 70,000 visitors. Visitors take a look around at the Frieze art fair in Seoul, South Korea. Kim Hong-Ji/ReutersDespite this backdrop, the South Korean and the Asian art market remain resilient, Patrick Lee, Director of Frieze Seoul, told Reuters. "Weave Magenta, 2023" (right), by artist Sean Scully, on show at Frieze Seoul 2023.
Persons: Kim Hong, Patrick Lee, , Lee, ” Lee, Seungjin Chung, Sean Scully, Jung Yeon, Jungmin Cho, Organizations: South Korea Reuters, Hyundai, Endeavor Group, Ministry of Culture, Tourism, South, Korea Arts Management Service, Visitors, Frieze, Reuters, G, Getty, BTS Locations: Seoul, South Korea, Asia, Frieze Seoul, China, Japan, AFP
[1/6] Visitors take a look around at the Frieze art fair in Seoul, South Korea September 6, 2023. REUTERS/Kim Hong-Ji Acquire Licensing RightsSEOUL, Sept 6 (Reuters) - The Frieze Art Fair returned to South Korea for a second year on Wednesday, with dealers hoping the event would provide a boost for the burgeoning local art market, after economic woes triggered a slump in sales this year. The fair, run by Endeavor Group-owned (EDR.N) Frieze, made its Asia debut in South Korea last year, drawing over 70,000 visitors. South Korea's art market reached 1 trillion won ($750.85 million) in revenue for the first time in 2022, according to data from the Ministry of Culture, Sports and Tourism. Despite this backdrop, the South Korean and the Asian art market remain resilient, Patrick Lee, Director of Frieze Seoul, told Reuters.
Persons: Kim Hong, Patrick Lee, Lee, Seungjin Chung, Jungmin Cho, 1,331.8200, Hyunsu Yim, Hyun Young Yi, Sharon Singleton Organizations: REUTERS, Rights, Art, Hyundai, Endeavor Group, Ministry of Culture, Tourism, South, Korea Arts Management Service, Frieze, Reuters, G, BTS, Thomson Locations: Seoul, South Korea, Rights SEOUL, Asia, Frieze Seoul, China, Japan
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