Bloomberg experts call South Korea's art-market slowdown structural, not cyclical

Bloomberg reported on 4 September 2025 that South Korea's art market is undergoing a structural shift, not a temporary dip, with sales down and galleries shutting. Yet established dealers at Frieze Seoul and Kiaf Seoul beat low expectations, according to Artnet. ARTnews found success concentrated at the top and low ends, with the middle squeezed — a bifurcation seen in New York and London since 2023.