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Sotheby's Offers Interest to Sellers Amid Art Market Slowdown
Primul articol: 13 apr. 2026, 07:00
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Ultima actualizare: 13 apr. 2026, 07:00
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Sotheby's, a leading auction house, is taking steps to bolster its inventory by offering to pay interest to sellers. This unusual move comes as the art market shows signs of a slowdown, with concerns about decreased demand and potential price corrections. By incentivizing consignments with interest payments, Sotheby's aims to maintain a steady flow of high-quality artworks and collectibles.Articole despre acest subiect
Foto: Financial Times
Sotheby’s offers to pay sellers interest as art market struggles
Patrick Drahi-owned auction house contends with heavy debt burden in shrinking market
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