Top-End Auction Sales Help Pull Global Art Market Out of Slump, Study Says
The biggest drivers include $2.2 billion worth of sales during New York auction week and strong fall fairs, according to annual reports from Art Basel and UBS Group AG.
Move Over Online Resale Sites—The Real Treasure Is Waiting at Estate Sales
While there are real estate sales all over the country, Los Angeles is a particular hotspot. On any given weekend, there can be up to 100 sales in the city, Champagne explained,
An Analysis of the Mid-Season Sales at Christie’s, Sotheby’s, Phillips
If paying $7.6 million for a set of 4-foot-tall smiling wooden bears has anything to do with it, prices at major auction houses’ mid-season sales could rise. Last Thursday, Christie’s auction house
What Would Happen to Auction Houses If Luxury Sales Outstrip Art?
Editor’s note: This story originally appeared in On Balance, art news Newsletter about the art market and beyond. Register here Receive it every Wednesday. Since I started covering the convergence of the
OTB Group Sales Dip 5% in 2025
OTB Group, which owns Maison Margiela, Diesel, Jil Sander and other brands, reported that net sales fell 5% year-on-year to 1.6 billion euros in the year ended December 31, 2025. Sales were
L’Oréal Group Sales Accelerate in Q4
L’Oreal Group’s fourth-quarter sales increased 6% year-on-year to 11.2 billion euros, slightly lower than analysts’ expectations of 6.3% growth. This marked an acceleration in sales growth after revenue growth fell 4.2% in
Hermès Delivers 9.8% Sales Growth in Q4
Hermès continues to deliver. On Thursday, the French luxury brand announced that sales in the fourth quarter of 2025 ended December 31 increased by 9.8% year-on-year at constant exchange rates to 4.1
New York Old Masters Sales Set Records for Michelangelo and Rembrandt
Editor’s note: This story originally appeared in On Balance, art news Newsletter about the art market and beyond. Register here Receive it every Wednesday. As crowds packed Sotheby’s new Madison Avenue headquarters
Kering Sales Down 3% in Q4
On Tuesday, Kering said sales in the fourth quarter of fiscal 2025, which ended on December 31, fell 3% at constant exchange rates to 3.9 billion euros. The result was better than
Coty Sales Decline 3% in Q2
Coty’s transformation began under executive chairman and interim CEO Markus Strobel, who succeeded Sue Nabi in December. The company said net income fell 3% to $1.68 billion in the second quarter of
Ralph Lauren Sales Spike 10%, Raising Expectations
On a constant currency basis, Ralph Lauren’s revenue in the third quarter of 2026 increased 10% year-on-year to $2.4 billion, once again exceeding internal expectations. The brand continues its double-digit growth in
Coach Sales Surge 25% in Q2
In the second quarter of 2026, which ended on December 27, Tapestry revenue increased 14% year over year to $2.5 billion. The growth was driven by strong growth at Coach, which has
Estée Lauder sales picks up by 6% in Q2
The Estée Lauder Companies (ELC) is recovering. Organic net sales increased 4% to $4.16 billion in the second quarter of fiscal 2026, which ended December 31, 2025. Shares were up 3% in
Nvidia AI Chip Sales to China Delayed Again on Security Review
Nvidia’s long-delayed plan to sell its second-best artificial intelligence chip, the H200, to China now faces another hurdle, this time due to delays in U.S. officials’ review of the license application. The
Art Basel Qatar Opens with Slow Sales and Plenty of Promise
The first Art Basel opens in Doha this week, and its pace is markedly different from that of fairs in Basel, Paris, Hong Kong or Miami Beach. The format of the Qatar
Post-Versace, Capri Beats Sales Expectations
Capri Holdings, the parent company of Michael Kors and Jimmy Choo, said revenue in the third quarter of fiscal 2026, which ended Dec. 27, fell 5.9% year-on-year to $1.03 billion on a
LVMH Fashion Sales Down 3% in Q4
“First of all, I think we will get through this winter, which is good news,” Bernard Arnault, chairman and CEO of LVMH, the world’s largest luxury goods group, joked on Tuesday night
$1 M. Jack Whitten Work Leads Sales at San Francisco’s FOG Design+Art
The tone for Thursday’s opening night of San Francisco’s FOG Design+Art art fair, held on two piers in the center of Fort Mason, was set by what was happening around the event.
Bonhams Posts $970 Million in 2025 Sales as It Navigates a Market Reset
Bonhams’ global sales as of 2025 were $970 million, a headline number that might have been seen as unequivocally good news in another year. Instead, it emerged against a flurry of background
Burberry Sales Grow 3% in Q3
In the third quarter of fiscal 2026, which ended on December 27, 2025, Burberry’s comparable retail sales increased by 3% year-on-year to 665 million pounds on a constant currency basis. The company
Richemont Sales Rise 11% in Q3
Richemont Group maintains strong sales momentum during the 2025 holiday period, providing a positive signal for its upcoming fourth-quarter earnings. Group sales in the third quarter of fiscal 2025, which ended on
Brunello Cucinelli Sales Grow 11.5% in 2025
According to preliminary full-year results released on Monday, Brunello Cucinelli’s revenue in 2025 increased by 11.5% year-on-year at constant exchange rates to 1.41 billion euros. Sales growth remained strong in all regions.
BYD struggles at home but record foreign sales help it beat Tesla
Chinese electric carmaker BYD is expected to solidify its position as the world’s largest seller of electric cars in 2025, thanks to booming overseas sales and a fall by its main rival
17 Best After Christmas Sales of 2025 | Vogue
While you’re in the mood after enjoying some post-festive cake, why not buy yourself something to keep your spirits up because the best post-Christmas 2025 sales are already here. This is the