Sotheby’s take short-term hit as business develops and lot values rise 13 May 2013 Sotheby’s lost $22.3m from January to March 2013, more than twice the amount for the same period in 2012. NewsInternational
Sotheby’s also raise premium, but go further than Christie’s 01 March 2013 Sotheby’s have followed Christie’s in restructuring their buyer’s premiums, but have pushed the thresholds even higher than their rivals in the bid for better yields. News
Sotheby’s Canada quit auctions to focus on private sales 18 February 2013 After 45 years, Sotheby’s are to cease holding auctions in Canada to focus instead on private sales and sourcing material for the international market. International
Haunch of Venison to make way for Christie’s private sales 11 February 2013 Christie’s have decided to close their Haunch of Venison dealership and focus all efforts on what has become the hottest area of competition between them and rivals Sotheby’s. News
New buyers boost Christie’s totals 28 January 2013 Christie’s have released global sales figures of £3.92bn, a 10% annual rise. The figure, which includes buyer’s premium, represents the highest sales total in the company’s history. InternationalNews
Private sales prove a rising feature of French results 21 January 2013 After a tough economic year, several French auction firms have now released their sales figures for 2012. International
Private sales lead the agenda once more at Sotheby’s 13 November 2012 Sotheby’s have seen a 50% increase of revenues generated from private treaty sales for the third quarter of 2012. News
Christie’s secure exclusive deal to sell Warhol archive 17 September 2012 The Andy Warhol Foundation for the Visual Arts has struck an exclusive deal with Christie’s to sell its enormous holdings of works from the artist’s estate. Art Market
What’s happening with the auction house duopoly? 20 August 2012 Edvard Munch’s ‘The Scream’ came to the block at just the right time for Sotheby’s when it set the record for anything ever sold at auction. International
Private sales and the web remain Christie’s chief focus 23 July 2012 Christie’s first half results for 2012 show that the focus of competition at the top end of the international auction business remains the private sales market and online auctions. International
Follow us on:
