Tag: Sotheby’s
Sotheby’s opens versatile space in Hong Kong business district
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
DetailAbu Dhabi Sovereign Wealth Fund to Acquire Stake in Sotheby’s
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
DetailHow Global Turmoil and Rising Taxes are Shaping the Future of the Art Market
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
DetailSotheby’s sees an 88% drop in core earnings, says Financial Times report
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
DetailThe Art Market Slump and Max Ernst in Paris: US-Russia Prisoner Swap Artist Freed – Podcast
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
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