Gagosian Temporarily Retreats from Basel, Shutters a London Location
5Aug. 3, 2026
Gagosianwill close its lone Basel gallery and has already exited its location in London’s historic Burlington Arcade, theArt Newspaperreports. According to a spokesperson, the megagallery will look for another space in Basel; the closure of the London branch is permanent. Gagosian has already erased mention of the outposts from itswebsite.
Both branches sprang to life as pop-ups. The Basel location opened at Rheinsprung 1 in 2019, concurrent with Art Basel’s flagship fair, at which Gagosian was exhibiting. The gallery hosted seventeen exhibitions, including most recently a group show timed to coincide with the latest iteration of Art Basel earlier this summer. The gallery has not specified a timeline for ceasing operations there.
The Burlington Arcade venture launched in 2023. The two-story space housed a retail shop on the lower level and presented sixteen shows on the top floor. The space’s most recent exhibition, of works connected to site-specific projects by Christo and Jeanne-Claude, closed on July 18.
The Art Newspaper reports that Gagosian agreed to leave the shopping mall so that it could welcome a long-term commercial tenant, which the publication speculated might be jeweled-egg specialist Fabergé. Gagosian will continue to operate its London outposts at 20 Grosvenor Hill and 17–19 Davies Street in Mayfair.
The closures arrive as galleries around the world are retrenching amid an art market destabilized by tariffs, war, and shifting buyer habits and tastes. Among the heavy hitters who have altered their models in the past year are Pace, which laid off employees and slashed its artist roster back in June, and Zwirner, which left the location it had operated since 2017 on Manhattan’s Upper East Side, after renovations to its Chelsea flagship, farther downtown, were completed.