Sotheby’s boosted by online and private sales
Sotheby’s has reported a 16% jump in sales to $6.4bn (£4.8bn) for 2018 – a reward for its focus on growing online and private sales. Profit, or adjusted net income, improved by 5.9% to $128.9m.
Private deals at Sotheby’s reached $1.02bn, a 37% increase on the previous year and the highest to…