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Impressionist and Modern art sales follow the world economy

10 November 2008

Following the sometimes painful results of last week's Impressionist and Modern art sales in New York, there can now be little doubt that the worldwide financial distress is undermining demand for trophy paintings and sculpture. All sales missed their low estimates by some margin.

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Contemporary sales in New York total close to $1bn

19 May 2008

THE gargantuan sums of money being spent at the top end of the contemporary art market continued unabated as the latest sales series in New York saw a staggering overall premium-inclusive total of $990m.

LVMH bow out with Tajan sale

19 January 2004

Fashion giants LVMH have sold their controlling stake in leading French auction house Tajan to Rodart, a company owned by American businesswoman Rodica B. Seward. Financial details of the transaction have not been disclosed.

 

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