Tag: Auction houses

Phillips achieved sales of $72.3m ($86.2m with fees) during their recent evening sale of Modern and contemporary art in New York. Although falling slightly short of the estimated range, the

A recent report from the London-based art market research firm ArtTactic has revealed that global auction sales for Modern and contemporary African art contracted by 8.4% in 2023. This is

Alex Fortescue, the managing partner of the London-based private equity firm Epiris, passed away last week at the age of 55. He was a board member representing Epiris at Bonhams

Brooke Lampley, a prominent figure in the art world, will be leaving Sotheby’s to join Gagosian as a senior director in New York. During her time at Sotheby’s, Lampley achieved

The cyberattack on Christie’s website by the hacker group RansomHub has caused concern as they claim to have sensitive information on Christie’s customers worldwide. This data includes names, document numbers,

Sotheby’s is undergoing a restructuring process in its London office, with around 50 employees expected to be laid off. The auction house is also planning layoffs in its New York

The aftermath of the cyberattack on Christie’s continues to escalate, with a class action lawsuit filed against the auction house over its failure to protect the personally identifiable information (PII)

Christie’s is planning redundancies, as the auction house’s main rival Sotheby’s also prepares for layoffs. According to reports, Christie’s has not begun a collective consultation process, a legal obligation before

Chabi Nouri, a Swiss luxury goods and private equity expert, has been appointed as the new global CEO of Bonhams auction house. With a background in luxury goods and retail,

Abu Dhabi’s sovereign wealth fund, ADQ, has secured a deal with Sotheby’s owner, French-Israeli telecoms tycoon Patrick Drahi, for a minority stake in the auction house. The transaction is set