PINACOTHEQUE WOES: Pinacothèque de Paris has been placed into receivership by a Paris commercial court, the private museum’s founder and president Marc Restellini said. A French commercial court on Nov. 3 granted the request for protection to Art Héritage France, the operating company behind Pinacothèque de Paris.

Pinacothèque de Paris, located on two sites next to each other at 28 Place de la Madeleine and Rue Vignon nearby gourmet mecca Fauchon and a Sephora store, has seen visitor numbers decrease 20 to 25 percent over the last two years, Restellini explained to WWD, adding a move to another site with a cheaper rent is one avenue being explored by the museum.

Currently on display is “Karl Lagerfeld, a Visual Journey,” a sprawling and diverse photo exhibition slated to run through March 20, as well as “Leonardo da Vinci, Il Genio” on view through Jan. 31.

The gallery’s key exhibitions in the last 10 years included “Pollock and Shamanism,” “Edvard Munch or L’Anti-Cri” and more recently “In the Time of Klimt, The Vienna Secession,” that drew 400,000 visitors. 

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