David Goodman joins Sotheby’s as Digital and Marketing chiefnews Private Art Investor Expert 2 Jun 15 0David Goodman started work on Monday as executive vice president of Digital Development and Marketing for Sotheby’s. Goodman is based in New York and reports to… Read more
Ex Christie’s head joins Saffronart as CEOnews Private Art Investor Expert 1 Jun 15 0Hugo Weihe, former international director of Asian Art at Christie’s, has joined Indian art auction house Saffronart as its chief executive officer. Weihe will oversee… Read more
Fashion billionaire Bernard Arnault invests in online auction site Auctionatanews Private Art Investor Expert 14 May 15 0Online auction house Auctionata has received financial backing from Groupe Arnault, the controlling shareholder of luxury giant LVMH Moët Hennessy Louis Vuitton chaired by Bernard… Read more
Sotheby’s: strong sales and improved commission margins are driving growthnews Private Art Investor Expert 11 May 15 0For the three months ended 31 March 2015, Sotheby’s reported adjusted operating income of $22.2 million, an increase of $12.4 million (127%) over the prior year,… Read more
Global art stocks in decline according to Skate’snews Private Art Investor Expert 5 May 15 0Skate’s have published one of their market notes which details the declining stock value of many companies in the global art market. Out of the… Read more
Art fairs under threat from online platformsnews Private Art Investor Expert 22 Apr 15 0Art fairs need to act urgently to curb the erosion of their status as the key marketing platform for galleries, according to the Q2 2015 edition… Read more
Yves Bouvier steps down from Le Freeport governancenews Private Art Investor Expert 13 Apr 15 0Swiss businessman Yves Bouvier has announced that he is to step down from active involvement in the governance of Le Freeport, a freeport in Luxembourg,… Read more
Online auction house Auctionata closes €42m funding roundnews Private Art Investor Expert 1 Apr 15 0Online auction house Auctionata has completed its series C financing round with a total new investment of €42 million (US $45 million). The round is… Read more
ArteQuesta to accept Bitcoinsnews Private Art Investor Expert 26 Mar 15 0ArteQuesta, a fine art investment company, is to accept Bitcoins as a method of payment for the purchase of artworks. Bitcoin is a popular peer-to-peer… Read more
Art collecting as a means to store valuenews Private Art Investor Expert 25 Mar 15 0 What is the best way to approach art investment? Private Art Investor asked Aude Lemogne and Aymeric Thuault, founders of art advisory firm Link… Read more