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ARTFIXdaily News Feed - Tuesday, March 09, 2010
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| A sale chock-full of clocks Luxist - March 9th, 2010 04:52
Nearly 500 lots, dating from the 16th through the 20th centuries, in a wide variety of styles and price ranges, is on offer at the Bonhams & Butterfields Fine European Furniture and Decorative Arts sale in Los Angeles on March 29. With a focus on pieces of English, French, Italian, Spanish and German origin, the sale is noteworthy for a strong collection of 30 clocks by prominent makers. One highlight is a 117-inch tall French gilt bronze mounted marble regulateur from the 19th century. ...Read more | |
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| Art market rebound talk at Armory Week Bloomberg - March 9th, 2010 04:39
Some exhibiting galleries at the bevy of fairs making up New York's Armory Week, which ended March 7, report the art market is back to "crazy," although collectors were keen to get quality at the right price. Sales at the Art Show included small watercolors depicting flowers and pregnant silhouettes by Louise Bourgeois, priced between $65,000 and $75,000 each, at Cheim & Reid. Unsold at the fair's close, but much admired, was a $35 million canvas collage by Robert ...Read more | |
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| Bonhams eyes Asia for expansion opportunities Wall Street Journal - March 9th, 2010 00:31
Following last week's announcement that Bonhams will open an outpost in Tokyo, Robert Brooks, the London-based chairman of the international auction house, now plans to relaunch a branch in Australia. Bonhams already has a presence in Hong Kong, where rivals Christie's and Sotheby's have also set up shop and added more sales recently, including important wine, jewelry and fine art auctions. Last year, Christie's saw a 94% increase in the value of items purchased by Chinese ...Read more | |
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| Cost-cutting pushes up profits for Sotheby's BusinessWeek - March 8th, 2010 18:40
Sotheby’s reported a fourth-quarter profit of $73.6 million, its second best quarter ever, reportedly due to a downsizing of staff (1/5 lost jobs), salary cuts, and the elimination of money-losing price guarantees. Chief Executive Officer William Ruprecht has now had his full salary restored to $700,000 after taking a voluntary $100,000 pay cut last May. Ruprecht's 2008 compensation package was valued at $6.4 million, but his total take for 2009 is expected to be more conservative ...Read more | |
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Featured Event |
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| TEFAF Maastricht March 12-21, 2010 the world's most influential art and antiques fair Maastricht, Netherlands Read more | |
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