Source: Art Media Agency (AMA)

The Gagosian Gallery shows no intention of leaving the headlines. Having announced the opening of a new space in Bourget in autumn 2012, it is currently discovering Brazil. Rumour has it that the gallery may open a new location there.
Following the success of the exhibition Brazil: Reinvention of the Modern, displayed in 2011 at its Paris-based gallery, the Gagosian Gallery has announced its participation in the 2012 edition of the ArtRio fair, which will take place in Brazil from 12 to 16 September 2012. According to The New York Times on 19 July, Gagosian will display a large sculpture exhibition in a warehouse in Rio de Janeiro during the ArtRio event. Moreover, its stand will be designed by Brazilian designer Claudia Moreira Salles, who also designed the exhibition.
The sudden apparition of Gagosian in Rio de Janeiro recalls a similar event that took place in Russia in 2008. Following a collective exhibition at the Red October Chocolate Factory in Moscow, speculations about the opening of a gallery in the Russian capital began to spread. Gagosian currently owns eleven galleries around the world. However, it has yet to open a location in Russia. The art market in Brazil has experienced strong growth in recent years. It is indeed plausible that Gagosian would open a gallery in Brazil.