The Powers That Be: Daily

Sotheby’s New Year Resolutions

Dec 26, 2024
Marion Maneker, Puck's art market expert, dives headfirst into the turmoil at Sotheby's, discussing layoffs and the unexpected reversal of their new fee structure by C.E.O. Charles Stewart. He sheds light on the Emirati investment implications and how they’ve muddled the auction house’s future. They also explore the stagnant art market and speculate on a potential bounce back in 2025, highlighting the importance of strong client relationships and skilled staff in navigating these turbulent waters.
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