×
89 170
Fashion Jobs
URBN
Free People Senior Merchandise Planner
Permanent · PHILADELPHIA
UNDER ARMOUR
Stock Lead, ft
Permanent · WOODBURY
PRANA
Director, Strategic Accounts & Sales Business Development
Permanent · CARLSBAD
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - ny 59th st
Permanent · NEW YORK
BLOOMINGDALE'S
Asset Protection Detective, Full Time - Soho
Permanent · NEW YORK
BLOOMINGDALE'S
Registry Consultant, Full Time - Boca Raton
Permanent · BOCA RATON
H&M
842 Area Visual Manager
Permanent · LOS ANGELES
BLOOMINGDALE'S
Asset Protection Detective, Full Time - Short Hills
Permanent · MILLBURN
URBN
Urban Outfitters Visual Merchandising Manager
Permanent · COSTA MESA
COLUMBIA SPORTSWEAR COMPANY
Regional Loss Prevention Manager (Northwest-us)
Permanent · SALEM
COLUMBIA SPORTSWEAR COMPANY
Operations Manager - Swing Shift
Permanent · PORTLAND
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time, Chestnut Hill
Permanent · NEWTON
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time, Chevy Chase
Permanent · CHEVY CHASE
BLOOMINGDALE'S
Asset Protection Detective, Full Time, San Francisco
Permanent · SAN FRANCISCO
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time, Huntington
Permanent · HUNTINGTON STATION
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time, San Francisco
Permanent · SAN FRANCISCO
BLOOMINGDALE'S
Asset Protection Outlet Associate, Part Time, Dolphin Mall
Permanent · MIAMI
BLOOMINGDALE'S
Asset Protection Outlet Associate, Part Time, Jersey Gardens
Permanent · ELIZABETH
BLOOMINGDALE'S
Wedding & Gift Registry Consultant, Full Time, Norwalk
Permanent · NORWALK
BLOOMINGDALE'S
Manager, Sales - Women's Ready to Wear/Shoes: Norwalk
Permanent · NORWALK
BLOOMINGDALE'S
Manager, Sales - Mens Shoes
Permanent · NEW YORK
BLOOMINGDALE'S
Senior Art Director, Photo
Permanent · NEW YORK
By
AFP-Relaxnews
Published
Oct 17, 2016
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Christie's seeks more 'realistic' auction prices

By
AFP-Relaxnews
Published
Oct 17, 2016

The global economic slowdown combined with "selective demand" are pushing Christie's to seek more realistic prices on their collections, directors of the auction house said Sunday.


Christie's 'Important Watches' auction will take place in the Emirates this week, despite a more "challenging market" - Christie's


"This year the market is not at the same level as it was one year or two years ago. We are facing a more challenging market," Guillaume Cerruti, Christie's president for Europe, the Middle East, Russia and India, told journalists in Dubai.

"To face this situation, the key word for us is selectivity," he said, announcing two auctions this week in the glitzy Gulf emirate, one on Modern and Contemporary Art and another showcasing "Important Watches".

"We want to have sales that are well curated, sales with maybe less objects but of high quality at... realistic estimates," he said.

While he did not provide specific figures on the fall in overall sales, he said that online-only sales "have been a real success".

"For the first six months of the year, we have sold through our online-only sales of 20 million pounds ($24.4 million) around the world," a 100-percent over the same period of 2015, he added.

"We're making sure that we find good quality of works that are well priced to ride through this more challenging period," said Christie's Middle East managing director, Michael Jeha.

In an auction on Tuesday of 113 artworks, the highest estimated price has been set at $180,000, far lower than the $400,000 price tag on paintings sold in March this year.

Around 150 watches go up for auction on Wednesday, with estimated prices reaching $250,000.

Among them are two Patek Philippe 18K white gold automatic wristwatches with the Iraqi coat of arms and the name "Saddam", after executed Iraqi president Saddam Hussein who ordered the watches in 1974 and 1980 as gifts.

Their prices are estimated at $10,000 and $18,000 each.

London-based Christie's, which celebrates its 250th anniversary on December 5, says its sales at Dubai auctions have exceeded $300 million since it opened a branch in the emirate 10 years ago.
 

Copyright © 2022 AFP-Relaxnews. All rights reserved.