Sotheby’s revenue dropped nearly 20 percent in 2024, posting a $248 million USD pre-tax loss as the art market slowed The auction house secured a $909 million investment from Abu Dhabi’s ADQ to pay ...

Sotheby’s has secured two valuable private collections for the auction house’s autumn New York sales, offering significant wins as the auction house’s losses mount amid a weakened market. The 37 works ...

Sotheby’s annual pretax loss more than doubled to $248 million (€211 million) in 2024, as the auction house owned by billionaire Patrick Drahi continued to struggle with a multiyear slump in the art ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sotheby’s annual pre-tax loss more than doubled to $248mn in 2024, as the auction house owned by billionaire ...

Sotheby’s will host Independent 20th Century at the Breuer building in Manhattan in 2026, positioning the company as “more than an auction house.” By Tim F. Schneider More than two years of tremors in ...

Sotheby’s will launch its first auction series in Abu Dhabi this December as the emirate steps up its bid to become a global destination for art and luxury. The Abu Dhabi Collectors’ Week, running ...

Kerry Breen is a news editor at CBSNews.com. A graduate of New York University's Arthur L. Carter School of Journalism, she previously worked at NBC News' TODAY Digital. She covers current events, ...

She brings a background in law and a history of leadership in real estate operations, growth strategy, and regulatory affairs. “It is a privilege to join Pacific Sotheby’s International Realty and the ...

The model comes from the personal collection of the Oscar-winning special effects and makeup effects artist Carlo Rambaldi, who has a long list of credits on high-profile films like 'King Kong' and ...

Abraham-Louis Breguet (1747 – 1823) is arguably the most important and influential watchmaker in the history of horology, inventing many landmark innovations during a career as a watchmaker. He is ...

In an hourlong presentation to reporters this morning, Sotheby’s offered an upbeat take on its lackluster 2024 results, which saw total global sales fall a whopping 23 percent, to $6 billion, from ...

As the high-flying art market has contracted, the company is looking elsewhere, expanding its luxury brand and real estate in New York, Paris and Hong Kong. By Julia Halperin Sotheby’s laid off more ...