Tag: Sotheby’s

A rare dinosaur skeleton, dubbed Apex, recently sold for a record-breaking $44.6 million at Sotheby’s New York, making it the most valuable fossil ever to be sold at auction. The

Sotheby’s Asia has unveiled its highly anticipated Maison space in Hong Kong, showcasing two non-selling exhibitions. The 24,000 sq. ft space in the Landmark Chater building features a street-facing ground

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

Pretty much everyone in the global art market agrees that the industry is experiencing a decline. The big question now is whether this downturn is a temporary phase or a

The financial challenges faced by Sotheby’s have been brought to light in a recent report by the Financial Times, revealing an 88% decrease in core earnings for the auction house

The latest episode of The Week in Art discusses the current state of the art market, with Sotheby’s core earnings down 88% in the first half of the year, indicating