- Sector: Arts
- Region: London
The art of dealing
With two Mayfair galleries, Richard Green is at the heart of the London art world. The family business has been dealing in paintings of the highest quality for four generations. It is not just a matter of buying and selling art works, though. The company also provides provenance and scholarly backgrounds on paintings, and advises on framing, hanging and all other aspects of collecting,– both for private clients and museums.
Although it is in many ways a traditional business, Richard Green is far from being stuck in time. It recently redeveloped its building at 33 New Bond Street. "We were able to purchase the freehold, expand the space and turn it into a gallery for our blue-chip, 20th-Century British and European paintings and sculpture," says Jonathan Green, CEO.
The company has also been active overseas, helping to launch two art fairs in New York under the TEFAF (The European Fine Art Fair) brand. "As a Trustee of TEFAF, I have been closely involved with this, and Richard Green has stands at both TEFAF New York fairs," says Jonathan.
The art market is a constantly changing one, as the popularity of particular artists and schools rises and falls. Richard Green has invested heavily in the 20th-Century British market, with artists such as Henry Moore, Barbara Hepworth and Patrick Heron. Such works, along with other 20th-Century European pieces, are the focus of its 33 New Bond Street gallery. Farther up the street at 147 New Bond Street, the emphasis is on Old Masters, 18th-Century British, sporting and marine works, Victorian, Impressionist and Post-Impressionist paintings. The key to all this is adaptability.
"We are small and flexible enough to adapt to the changing climate," says Jonathan. "We have grown the business by concentrating our time and effort into the American market and the museum market."