
Itzkoff reports The new event, to be called Masterpiece 2010, is scheduled to take place from June 25 to June 30, and its organizers are presently reaching out to art and luxury goods dealers to secure their participation. Simon Phillips, the chairman of the antiques dealer Ronald Phillips, which was formerly an exhibitor at the Grosvenor House fair, told Bloomberg that locations including the Royal Hospital Gardens in Chelsea were being considered for the Masterpiece 2010 event, but cautioned that permissions had not yet been secured. “There is a real need for this event if London wants to be capital of the art world,” Mr. Phillips said, according to Bloomberg. Last month, organizers of the 75-year-old Grosvenor House fair said it was being discontinued, citing declining profits and increasing costs.
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