Auctions in New York Reflect a Dip in the Market
While some risk was offloaded to third-party guarantors at the November series, and sales hit estimates, Sotheby’s saw a loss on a Rothko and seemingly the Fisher Landau collection.
Posted inArt Christie's Collectors and Collections Guarantees and Warranties Landau, Emily Fisher Mitchell, Joan (1925-92) Phillips Auctioneers LLC Picasso, Pablo Sotheby's
Will the Art Market Need to Discount Its Masterpieces?
Amid fears that a new war could threaten the world economy, New York’s coming auctions will test a growing consensus that the $60 billion art market is headed toward a down cycle.
Posted inBalenciaga (Fashion Label) Bottega Veneta Celebrities Christie's Creative Artists Agency Endeavor Group EQT Funds Management Ltd Fashion and Apparel France Gucci Hanks, Tom Hayek, Salma Hollywood (Calif) internal-storyline-no Johansson, Scarlett Kering SA LVMH Moet Hennessy Louis Vuitton SA Pinault, Francois Pitt, Brad TPG Capital
CAA Deal Sees François-Henri Pinault Shopping for Star Power
The French billionaire François-Henri Pinault’s deal for the talent agency CAA is driven by the belief that fashion increasingly needs celebrities.
Posted inChristie's Pop and Rock Music Summer, Donna
Donna Summer’s Bedazzled Closet and Ephemera Will Go Up for Auction
Eleven years after her death, the disco legend’s family has combed through her possessions, deciding to sell many of her glittering dresses, manuscripts and paintings.