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Sotheby’s and Phillips de Pury will be testing the confidence of the contemporary-art market in London tomorrow and the day after, with sales that are expected to set European record totals for the auction houses. The two are forecasting revenue of at least … Read full story by Scott Reyburn at Bloomberg.com
Auction house Sotheby’s expects to sell HK$1.3 billion ($167 million) worth of Asian art at its upcoming spring sales in Hong Kong, downplaying concerns over a correction in Asian art prices amid global market turmoil. Read full story
Sotheby’s (NYSE: BID – News) will be holding its fourth quarter and twelve months ended December 31, 2007 earnings conference call on Tuesday, February 26, 2008. The call will be hosted by Bill Ruprecht, President and Chief Executive Officer, and Bill Sheridan, Chief Financial Officer, at 4:45 PM EST. The call will consist of a … Read more
Celebrities, including supermodels and pop stars, were out in force with art collectors and dealers for the biggest charity art auction in history in New York last week. It was Valentine’s Day, and Sotheby’s was selling 73 works to raise money for United Nations-funded relief programmes for HIV and Aids in Africa. Organised by Bono, … Read more
Clock-watching staff at a leading auction house sparked a terrorist alert when they turned off the lights and locked up for the night. For trapped inside Sotheby’s in the darkness was America’s Ambassador to the UK with his two bodyguards – convinced they were about to come under attack. The envoy, Robert Tuttle, was viewing … Read more