After seven years in Zurich, Galerie Philipp Zollinger will cease operations, its founder announced today on Instagram.

“I have always believed in hoping for the best while preparing for the unexpected,” Zollinger said in a statement. “A few months ago, I wrote to you about resilience and flexibility. At the start of this year, I was prepared to once again invest the time, energy, and conviction required to push the gallery forward. I wanted to believe in a recovering market and a path toward growth.”