Icon 01
Content @CircleMe
shared a link
5d3e477e35103c5346b65477ea0e4655
articles/Sothebys ramps up commitment to middle market — theartnewspaper.com

Sotheby's management says that a focus on the middle market and its new buyer’s premium rate structure should help even out its profit margins Sotheby’s management said that it will boost its commitment to the middle market (the market below the highest profile sales) on its 2 March conference call to discuss its 2014 full-year results. In answer to questions from Wall Street analysts, Patrick McClymont, Sotheby’s chief financial officer, stressed that this wasn’t a change in strategy, more a broadening of the marketing plan that the auction house put into action in the second half of 2014.

Read More



This site uses cookies to give the best and personalised experience. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.

Sign Up or Login

Invalid username or password
Not yet on CircleMe? Join now
Please input a email
Please input a valid email
Max 50 characters
Email already in use
{{email_serverError}}
Please input a username
Min 3 characters
Max 20 characters
Please use only A-Z, 0-9 and "_"
Username is taken
Please input a password
Min 6 characters
Max 20 characters
By clicking the icons, you agree to CircleMe terms & conditions
Already have an account? Login Now