With apologies for having missed this interesting and significant announcement last week, one of the world’s most successful furniture and antiques fairs is joining the global circuit:

The Biennale des Antiquaires, France’s oldest art fair, is looking to profit from the growth of Asian wealth by starting a mini-biennale in Hong Kong.

The fair, which hired Karl Lagerfeld to stage, decorate and design its Paris Biennale this September, has now chosen Hong Kong along with Istanbul, Moscow and New York for mini-fairs in alternating years when the French show doesn’t take place.

World’s ‘Most Expensive’ Art Fair Heads to Hong Kong From Paris (Bloomberg Business Week)