Tag: Reports

Sotheby’s Reports $7.3 B. in Sales for 2021 – ARTnews.com

After its fall auctions series drew pre-pandemic sums and crowds, Sotheby’s reported $7.3 billion in sales in 2021—a record high for the auction house. That total is 32 percent more than what the house made in 2020, when it reported $5.5 billion in sales. It even exceeds pre-pandemic figures—Sotheby’s said in 2019 that it brought in $4.8 billion in sales. The 2021 figure suggests ...

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Christie’s Reports $3.5 Billion in H1 2021 Sales – ARTnews.com

Christie’s released sales figures for the first half of 2021 today. The report indicates that the global pandemic has been inconvenient for the auction market, but far from catastrophic. After improvising throughout 2020, Christie’s seems to have dialed itself in to take advantage of a world awash in cash creating buyers eager to acquire significant pieces of cultural property. Christie’s CEO announced the headline ...

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Prado Museum Reports 75 Percent Revenue Loss in 2020 – ARTnews.com

A fuller picture of how Covid-19 lockdowns affected museum revenue is beginning to emerge, with international museums starting to reveal just how much they lost last year. The Museo Nacional del Prado in Madrid reported on Monday that it sustained a 75.5 percent decrease in revenue in 2020, ending the financial year with a loss of 18.5 million euros ($22 million). The lockdown provoked ...

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Christie’s Reports 25 Percent Drop in 2020 Sales – ARTnews.com

Christie’s has announced a 25 percent drop in annual sales overall, but has forecasted a total of £987 million ($1.2 billion) in annual private sales for the year of 2020. Total sales for the house are projected at £3.4 billion–£3.5 billion ($4.6–$4.7 billion), according to Christie’s CEO Guillaume Cerutti’s statement in a press briefing. “It was expected since we entered in the Covid-19 situation ...

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Art and Sculpture Market to Witness Growth Acceleration During 2019-2025 – 3w Market News Reports

Art and Sculpture Market (2018) Report Provides an in-depth summary of Art and Sculpture Market Status as well as Product Specification, Technology Development, and Key Manufacturers. The Report Gives Detail Analysis on Market concern Like Art and Sculpture Market share, CAGR Status, Market demand and up to date Market Trends with key Market segments. The latest report about the Art and Sculpture market provides ...

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