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LIFESTYLE BRANDING
Premium Cotton, Linen and Eco-Friendly Lyocell Products Make it Easy for Men to Dress Well NEW YORK, April 25, 2019 /PRNewswire/ -- Charles Tyrwhitt, a British menswear brand, today unveiled its 2019 Summer Collection with new business casual wardrobe essentials. Offering a range of products including shirts, suits, jackets, blazers, pants, shoes and accessories, Charles Tyrwhitt produces premium and affordable menswear with a touch of British style.
Now available in US retail stores and on CTShirts.com, Charles Tyrwhitt's 2019 Summer Collection provides light and comfortable options that are both practical for warm weather and up to date with the latest in business style trends. The collection's three core fabrics – Tyrwhitt Cool Cotton, wrinkle-resistant Linen, and eco-friendly Lyocell – provide comfort and flexibility in summer weather and feature a variety of products, including button-down shirts, jackets, pants and polos. "Over the last 12 months, we've seen a steady increase in men embracing modern business casual as more organizations relax the traditional dress code, so this became a key focus for our 2019 Summer Collection," said Spencer Riley, Head of Product Design for Charles Tyrwhitt. "Whether it's the 'Made in the Sun' Italian Linen jacket, the breathable Tyrwhitt Cool shirts or the Lyocell performance pants, this collection is equally at home in the boardroom and at a rooftop bar, making it easy for men to dress well and keep cool." Tyrwhitt Cool shirts are made with new, innovative 100% cotton fabric specifically treated to wick away moisture for a cool, dry and comfortable feeling: Soft-Washed Non-Iron Tyrwhitt Cool Shirt – This quick drying, lightweight and soft-to-the-touch shirt has Charles Tyrwhitt's signature non-iron finish. In 100% cotton poplin fabric, the shirt is smooth and exceptionally breathable. Soft-washed for a relaxed, casual feel, it is available in both long and short sleeves. ($69.00) Aircool Polo Shirt – A classic polo shirt with fabric-finishing technology to draw away moisture, it is knitted to a clean jacquard texture weave with natural stretch. Charles Tyrwhitt offers three vibrant summer colors with an updated collar for a clean aesthetic. ($55.00) Charles Tyrwhitt linen products are soft and lightweight, while also allowing air flow to the body: Italian Linen Jacket – This jacket is made from 100% linen, woven in Italy at solar-energy powered mill Nova Fields and tailored to a soft construction. Designed to look sharp with a relaxed fit, it is lightweight and breathable with its natural shoulder line and canvas. Available in Charles Tyrwhitt slim fit, the jacket comes in mid blue and olive. ($399.00) Easy-Care Linen Pants – These pants have the cool, breezy benefits of linen with the added convenience of Charles Tyrwhitt's easy-care finish – they are durable, easy to iron and have enhanced wrinkle recovery to maintain a clean and crease-free look. With a slim fit leg and pre-washed fabric for a soft feel and added comfort, these pants are permeable and highly absorbent, which allows moisture to evaporate quickly, providing a cool, airy feel. ($89.00) The Business Casual Non-Iron Cotton Linen Shirt – Made from two of the most breathable fabrics – 76% cotton and 24% linen – these shirts are lightweight and woven specially to create natural stretch for perfect fit, comfort and movement. With a linen feel, the non-iron finish prevents wrinkles and is ready to wear after washing and hanging for a hassle-free morning routine. Styled with no front pocket and a softer collar lining, it is available in slim and extra slim fit and comes in white, blue, blue stripe and red stripe. ($69.00) New to the Charles Tyrwhitt collection, Lyocell is an eco-friendly fiber produced from wood pulp harvested from sustainably managed forest. Natural Performance Pants – Made from a blend of cotton, lyocell and elastane for stretch, comfort and temperature regulation, the Natural Performance Pants are a business causal must-have. These pants are soft, durable and cut to a slimmer, more tapered fit for a refined, contemporary shape. A curved stretch waistband provides added comfort and ease of movement during wear, making them our most comfortable pants to date. ($119.00) Tencel Linen Casual Shirt – Perfect for the summer months, these shirts are crafted from 100% natural fibers for breathability and a soft feel. The combination of Tencel and linen creates a casual shirt with a marvelous drape for both a sophisticated appearance and comfort. It is made up of 53% Tencel and 47% linen, making it less prone to creasing than pure linen or a cotton-linen blend. ($69.00) Charles Tyrwhitt's 2019 Summer Collection, full of quality menswear items at affordable prices and a hint of British charm, is available today. Imagery can be found here. The reimagined Four Seasons Private Jet further enhances the in-flight experience for an elevated take on five-star service in the sky TORONTO, April 23, 2019 /HalcyonTV/ -- Four Seasons Hotels and Resorts, the world's leading luxury hospitality company, unveils plans for an all-new Four Seasons Private Jet that will take flight in early 2021, evoking the bygone glamour of air travel coupled with thoughtful, guest-centric design.
A new A321LR aircraft, part of the new Airbus NEO family, is being fully customised by Four Seasons and tailored to the continually evolving vision of its industry-first Private Jet experience. The concepts embodied in the current Four Seasons Jet with its luxurious comforts and amenities, are being taken to the next level with even more space for Private Jet guests and staff to mix and mingle, or simply relax and enjoy the ride. "The Four Seasons Private Jet experience defines modern luxury air travel, encouraging meaningful connections between people and places while delivering a seamless and highly personalised journey," says Christian Clerc, President, Worldwide Hotel Operations, Four Seasons Hotels and Resorts. "Building on the tremendous success of our Private Jet program to date, with consistent sell outs, waitlists, and near perfect guest satisfaction rates, our drive to continuously innovate and push the conventional limits of travel has led to this new opportunity to experience Four Seasons like never before." An Interactive Flight Experience Built to replace the current aircraft, the new Four Seasons Private Jet will offer an even more modern, enriching and interactive flight experience thanks to meticulous construction and thoughtful Four Seasons design. Offering the widest and tallest cabin in its class, key features include a new spacious lounge area that invites socialising among guests, and also becomes the stage for a series of Four Seasons artisans to showcase their talents and craft in interactive workshops. Guests will have the opportunity to meet and learn from Four Seasons master chefs and mixologists, wellness experts and arts and culture aficionados for an enriching in-flight experience. With only 48 custom handcrafted seats designed by Optimares, with leather from Italian producer Poltrona Frau, the spacious interior will also allow guests to socialise more easily while seated. New purpose-built personal ottomans at each seat will encourage interaction and comfortable face-to-face connections. With every detail under consideration, lavatories are also being expanded for added comfort and flexibility, reflecting a more residential style. The Evolution of Luxury Travel "When designing the new Four Seasons Private Jet, we were inspired by the glamour and prestige of air travel in times past, when every flight was a special occasion," says Dana Kalczak, Four Seasons Vice President, Design. "With a laser focus on comfort and functionality, our aim is to create an environment that encourages spontaneous social interaction between everyone on board, reinforcing the power of connection." Culinary Delights The on-board Four Seasons Executive Chef will enjoy an expanded galley area in which to prepare menus that are inspired by the journey itself, with the opportunity for spur-of-the-moment culinary surprises along the way. The Executive Chef is joined by a full complement of dedicated Four Seasons staff, including a Four Seasons Concierge, Director of Guest Experience, Physician, and Four Seasons-trained in-flight crew, ensuring an elevated and highly-personal experience that guests have come to expect from Four Seasons. What Isn't Changing? Four Seasons Private Jet guests will continue to enjoy the ultimate freedom of travelling worry-free, knowing that every step of the journey - from the accommodations and trip itinerary to the highly exclusive excursions and local recommendations, will be looked after with the attention to detail, exceptional quality and caring service for which Four Seasons is renowned. Since launching the hospitality industry's first fully branded and customised private jet in 2015, the Four Seasons Private Jet experience has transported hundreds of guests on bespoke journeys around the world, opening doors to extraordinary adventures and memorable destinations, while staying in complete comfort and luxury with Four Seasons along the way. Travellers interested in booking the luxury adventure of a lifetime are invited to visit fourseasons.com/privatejet for a closer look at the exclusive journeys on offer in some of the world's most captivating destinations. All-new itineraries aboard the new Four Seasons Jet are currently in development and will also be unveiled in 2019. Welcome to the new Four Seasons Private Jet. AUGUSTA, Ga., April 9, 2019 /HalcyonTV/ -- TaxSlayer, a leading online and professional tax and financial company, is reminding America's taxpayers that the deadline to file for tax year 2018 is just days away. To be considered on time, returns must be submitted to the IRS no later than midnight on April 15th. People have their reasons for filing late in the season but waiting until the last minute is not without risk. For taxpayers with a tax liability, missing the due date means owing late filing penalties and interest. For those expecting a refund, it means additional time without the money they deserve. "Simple mistakes are easy to commit under pressure and can cause your refund to be delayed," says Nicole Lapin, personal finance expert and New York Times best-selling author. "Avoid tax-panic at the deadline and get pumped to fight for your money now." Filing an extension may be the answer for taxpayers that need a little extra time to get their documents in order. An extension allows taxpayers an additional six-months to file their return. But the IRS still expects taxpayers to pay their tax bill by the April deadline to avoid interest and penalties. Tips for Filing Last-Minute As tax season draws to a close, time is of the essence for anyone who hasn't filed already. Lapin has a few essential tips to help these individuals save time and ensure accuracy on their return. 1. Get organized. "You should have all of your forms and tax documents in hand by the end of February or mid-March at the latest. The sooner you file, the faster you can enjoy your refund," says Lapin "and the sooner you can check taxes off your to-do list." 2. File online. "Filing your taxes doesn't have to consume you. TaxSlayer makes the process quick and easy to understand, and you'll know if your return was accepted within just 48 hours," says Lapin. 3. Avoid rushed mistakes. "The tax laws changed this year. That means you could be eligible for more tax breaks than you realize," Lapin says. "Be thorough when you are entering your tax information. It's your money – you deserve every dollar." Tax Filing for the Gig Economy TaxSlayer knows that self-employed taxpayers, in particular, tend to file later in the tax season. To best serve the needs of the gig worker, the freelancer, and the small business owner, TaxSlayer's Self-Employed Edition comes with specific features, like one-on-one support from a tax professional, an exclusive guide to self-employment tax breaks, record-keeping tips, and tax filing updates year-round. Click here for TaxSlayer's Self-Employed Guide About TaxSlayer TaxSlayer makes life simpler and less stressful for millions of Americans with exceptional, easy-to-use technology. The company successfully completed more than 10 million state and federal e-filed tax returns in 2018 and processed $12 billion in refunds. TaxSlayer is highest rated for ease of use, speed of filing, best value and most trusted according to the 2017-18 American Online Tax Satisfaction Survey. Additionally, TaxSlayer is rated #1 in the tax prep software category among companies with 3,500+ reviews on Trustpilot. For more information, visit www.taxslayer.com. SOTHEBY'S SPRING 2019 HONG KONG SALES TOTAL $482 MILLION - Second Highest Total in Company History4/3/2019 Strong Overall Sell-Through Rate of 90%, with Competition Seen Across All Categories 35,000+ Visitors, 4,331 Lots Sold, 28 Records, 20 Auctions in Just 6 Days; Sales Attract New Generation of Buyers HONG KONG, April 3, 2019 /HalcyonTV/ -- Sotheby's (NYSE: BID) Spring 2019 Hong Kong auction series concluded today with a grand total of $482 million, exceeding the pre-sale high estimate for the series $300-428 million* and establishing the second highest total in company history, second only to Sotheby's landmark 40th anniversary sale total in Autumn 2013. The sales were marked by healthy activity across all categories and from all corners of Asia, with a strong combined sell-through rate of 90%.
"These superb results are up on what were already very strong results last spring, despite the fact that the estimates were lower than a year ago," commented Tad Smith, Sotheby's CEO, adding "our excellent performance against low estimate is a clear indicator of the health of the market in Asia and bodes very well for our important upcoming May auctions in New York." Kevin Ching, CEO of Sotheby's Asia, said: "With all eyes firmly fixed on our Hong Kong sales for this first indicative season, I think we can say that the Asian market did not disappoint. Our total follows what was already a record year for Sotheby's in Asia, with this season's results now sitting among the top results we have ever achieved here in Hong Kong – a testament to the fact that, when you get it right, collectors from across Asia remain ready to go the extra mile." Patti Wong, Chairman of Sotheby's Asia, said: "When building the sales for these big seasons, we try to keep our finger firmly on the pulse of our collectors so as to understand, not only what they want right now, but also where their interests are taking them, so our offerings reflect both where the market is and where it is going. That is why we are bringing an ever-more diverse range of material to Hong Kong, along with an ever-wider range of possibilities for collectors to engage with us. This, for me, is what is so exciting about these seasons – they are not only a data point for the Asian market, they are also testimony to the excitement, and opportunity, that exists within it." KEY STATISTICS AT A GLANCE
WINE SALES TOTAL HK$273 MILLION / US$35 MILLION
Established with a Books Auction in London on 11 March 1744, Today Marks 275 Years of Art Market 'Firsts' and Connecting Collectors with the World's Greatest Treasures. Sotheby's Commemorates Its Anniversary By Ringing the Opening Bell of the New York Stock Exchange, Where It Is the Oldest Traded Company. ![]() Today, March 11, 2019, Sotheby’s turns 275. Sotheby’s history is marked by a number of pioneering firsts and innovations that have not only transformed the company, but the industry along with it. Pictured here is the first ever evening “event” auction - now a mainstay of the art market - presented by Sotheby’s London in 1958. Sotheby's first sale was held on 11 March 1744 in London at Exeter Exchange on The Strand – an auction of 'several Hundred scarce and valuable Books in all branches of Polite Literature' that fetched a grand total of £826. Founded as an auctioneer of books – predating both the American and French Revolutions – the firm soon added fine art, house sales, jewelry, and more, and expanded from London to America, Asia, and beyond. Today, Sotheby's has 80 offices in 40 countries and is the oldest company traded on the New York Stock Exchange (almost 50 years older than the Exchange itself) - where we are honored to ring the Opening Bell this morning.
Sotheby's was the first auction house to set sail across the Atlantic and open offices in America (1955) and the first to hold auctions in Asia (1973). Sotheby's pioneered the format of the evening "event" auctions that are a mainstay of today's art market (1958), and were the first to use satellite transmission to allow for simultaneous bidding in London and New York (1960s). A Sotheby's auction in the 1970s is credited with transforming the modern art market with the first auctions of works by living artists including Jasper Johns, Andy Warhol and Robert Rauschenberg, the first to sell a work for more than $100 million (2004), pioneers in the field of e-commerce (2000), and we recently brought scientific research (2017) and artificial intelligence (2018) in-house. Along the way, some of the world's most precious objects and collections have passed through Sotheby's: Napoleon's Library (1823), the original manuscript for Alice's Adventures Under Ground, presented by Lewis Carroll to the original Alice, Alice Liddell (1928), the 68-carat diamond bought by Richard Burton and Elizabeth Taylor (1969), Einstein's Theory of Relativity (1987), The Jewels of the Duchess of Windsor (1987), The Andy Warhol Collection (1988), The Estate of Jacqueline Kennedy Onassis (1996), Sue the T Rex, now the star of the Field Museum in Chicago (1997), the collection of the Duke & Duchess of Windsor (1998), The Forbes Collection of Fabergé, including nine Fabergé Imperial Easter Eggs (2004), Martin Luther King's Library (2006), The Magna Carta (2007), Edvard Munch's 'The Scream' (2012), and property from the Collection of Mrs. Paul Mellon (2014). "Sotheby's has thrived for 275 years precisely because it has dared to reinvent itself again and again, and in so doing has continually redefined the business of trading art on a global basis," said Tad Smith, Sotheby's CEO. "The company's history is marked by a series of innovations that have not just continually changed Sotheby's, but transformed the wider industry along with it. We are thrilled to share this important milestone with our clients, colleagues and shareholders around the world." Below is a look at some of the key moments and innovations that helped drive the art market and sustain Sotheby's business over the better part of three centuries: BEGINNINGS AS A BOOKSELLER A tradition of innovation has defined Sotheby's from the beginning. With that first auction in 1744, the company's founder, Samuel Baker, kick-started his small book-selling business with the presentation of the library of a British nobleman, Sir John Stanley, as a single auction event. Soon, Baker's company had transformed into the leading auctioneer of aristocratic libraries, culminating in the 1823 auction of the books Napoleon brought with him into exile to St. Helena. A literary thread has run through Sotheby's history ever since with legendary sales of treasures ranging from the original autograph manuscript of Lewis Carroll's Alice's Adventures Under Ground (1928) and the unpublished papers of Sir Isaac Newton (1936), to the collection of Dr. Martin Luther King Jr. (2006), and Magna Carta (2007). MOVE TO BOND STREET By 1883, Sotheby's had begun to offer works of art and, recognizing the significant opportunity in the market, the company made the bold move to fashionable Bond Street in the West End of London in 1917. The post-WWI restructuring of British society presented a unique opportunity for the young Sotheby's and the concept of the House Sale – in which the auction was conducted at the residence where the collection was housed – was reinvented on a massive scale beginning with Sotheby's 1929 sale of the contents of Kinmel Park in Wales. THE RISE OF THE HOUSE SALE One of the most memorable pre-WWII house sales happened over four days in April 1937 in the ballroom at 148 Piccadilly, one of the palatial residences of the Rothschild family. Held in the same year as the coronation of King George VI and Queen Elizabeth, London was bustling with distinguished visitors from all over the world and the auction was a national event. Supposedly among the first of its kind to be broadcast by the BBC, the glittering contents achieved the then staggering sum of £125,000. And for centuries to come, many of the most notable collections have been handled by Sotheby's – from Thurn und Taxis (1993), Baden-Baden (1995) and Chateau de Groussay (1999), to Brook Astor (2012), Mrs. Paul Mellon (2014), the Duchess of Devonshire (2016), and the last residences of Pierre Bergé (2018). FIRST INTERNATIONAL AUCTION HOUSE In 1955, Sotheby's became the world's first international auction house with the opening of a New York office to directly serve American clients. The pioneering move almost immediately bore fruit in 1957 when Sotheby's secured the American-based collection of French Impressionist and Post-Impressionist paintings belonging to William Weinberg, which was sold in London that summer. Sotheby's had only recently opened a department of Impressionist & Modern Art and the auction was the first ever dedicated entirely to the category. Viewed by Queen Elizabeth II, the sale was a sensation and heralded a new era for the art market. Sotheby's further enhanced their foothold in the United States in 1964 with the purchase of a majority stake in Parke-Bernet, America's largest fine art auction house. At the helm of Parke-Bernet was Louis J. Marion, whose son, John L. Marion, would go on to be the Chairman of Sotheby's North and South America, a legendary auctioneer, and Honorary Chairman of the company to this day. THE BIRTH OF THE "EVENING AUCTION" Just one year later – in 1958 – Sotheby's staged a legendary event whose impact is still felt today. Following the successful handling of the Weinberg Collection, Sotheby's won the collection of Jakob Goldschmidt – seven important paintings by Édouard Manet, Paul Cézanne, Vincent Van Gogh and Pierre-August Renoir. To mark the occasion, Sotheby's chairman, Peter Wilson, devised an ingenious strategy to offer the works in a stand-alone, glamorous evening auction. The black-tie event – with Kirk Douglas, Anthony Quinn and Lady Churchill in the audience – set a new benchmark for a fine art sale and the "Evening Sale" – a mainstay of today's art market – was born. BOOM FOR OLD MASTERS Sotheby's closed out the 1950s with a series of important sales and records prices including Sir Peter Paul Rubens'Adoration of the Magi from the collection of the Duke of Westminster, which sold for £275,000, a record for any Old Master painting at the time, and is now on view in Kings College Chapel, at Cambridge University. That record was soon eclipsed with the sale of Rembrandt van Rijn's Aristotle Contemplating the Bust of Homer, which was purchased by the Metropolitan Museum of Art in 1961 for $2.3 million, at the time, the most expensive painting ever sold at auction. Other treasured Old Masters handled by Sotheby's have made their way into the collections of the world's great museums, including Joseph Mallord William Turner's Modern Rome - Campo Vaccino (2011), and Orazio Gentileschi's Danaë and the Shower of Gold (2016), both of which now reside in the J. Paul Getty Museum in Los Angeles. In addition to record-breaking sales, the 1960s ushered in a decade of physical expansions – with Sotheby's opening offices in Los Angeles (1967), France (1967), Italy (1968) and Germany (1969) – as well as virtual developments, with the advent of telephone bidding and satellite transmission to allow for global participation in the company's New York and London salesroom. "HERALDING THE BEGINNING OF A NEW ERA IN THE ART WORLD"* A Sotheby's auction in 1973 marked a turning point for the modern art market – A Selection of Fifty Works from the Collection of Robert C. Scull featured, for the first time, works by living artists including Andy Warhol, Jasper Johns and Robert Rauschenberg. The final total was an astonishing $2.2 million and individual prices were, in many cases, multiples of the original purchase prices, shining a new light on the contemporary art market and launching a debate about the resale of the work of living artists that continues today. That tradition of pushing the boundaries of the market has continued throughout Sotheby's history, most notably in 2008 with Sotheby's radical sale, Beautiful Inside My Head Forever, which brought directly to market 200 new works by Damien Hirst that totaled $200.8 million. EXPANDING TO ASIA In 1973, Sotheby's became the first international auction house to open an office and hold auctions in Asia, leading to the legendary sales of the collection of Edward T. Chow in 1980. The finest assembly of Ming and Qing porcelain to have ever come to market, the sale broke numerous records. Sotheby's operation in Asia now boasts more than 200 employees across nine locations, including a gallery in Hong Kong, leading to sales of more than $1 billion in 2018. LAUNCH OF THE CELEBRITY AUCTION In 1988, Sotheby's presented The Andy Warhol Collection in New York, drawing 60,000 visitors over the 18-day exhibition period and raising $25.3 million. The sale was the largest auction in the 20th Century – 2,500 lots in over 27 different collection categories – and launched the "celebrity auction". Sotheby's would successfully mount dozens of events of similar scale over the next several decades, including the Estate of Jacqueline Kennedy Onassis (1996), the Collection of The Duke and Duchess of Windsor (1998), and the Collection of David Bowie (2016). NEW MARKETS Sotheby's made auction and political history in 1988 with the first international art auction held in Moscow since the Bolshevik Revolution. Held in collaboration with the Soviet Culture Ministry, the groundbreaking sale of 100 works of Russian Avant-Garde and Soviet Contemporary Art made headlines around the world. Sotheby's commitment to Russia continued with sales on behalf of the Russian Space Program in the 1990s, and the opening of an office in Moscow in 2007, which followed many years of unprecedented growth in the Russian art market and landmark sales including The Forbes Collection of Imperial Fabergé eggs and the private collection of Mstislav Rostropovich and Galina Vishnevskaya. BILLION DOLLAR SALES Sotheby's ended the 1980s with global sales of Impressionist & Modern Art that crossed the billion dollar threshold for the first time. Prices would only continue to rise in the 1990s with record-breaking sales, including Pierre-Auguste Renoir's Au Moulin de la Galette for $78 million. Sotheby's was the first auction house to break the $100 million barrier for a single work of art at auction with the sale of Pablo Picasso's rose period Garçon à la pipe, which sold for $104.2 million (2004), and was followed by Edvard Munch's iconic masterpiece, The Scream, which commanded $120 million(2012). BREAKING DOWN BARRIERS American businessman A. Alfred Taubman bought Sotheby's in 1983 and took the company private (it has been publicly listed in the United Kingdom since 1977). A self-made man, A. Alfred Taubman launched The Taubman Company – dedicated to designing and building retail projects – in 1950. He revolutionized the retail experience, creating many of the design innovations that are considered standard in the industry today. The central focus of Mr. Taubman's business philosophy was the customer and he considered the auction process too inaccessible for most. For close to two decades, he set about changing the way Sotheby's did business, opening it up far beyond the dealers who were its historic mainstays, and helping to create the stunning growth of the international art market. Mr. Taubman took the company again in 1988 with a listing on the New York Stock Exchange under the ticker symbol BID. SOTHEBY'S TODAY Today, Sotheby's remains synonymous with innovation. Online bidding has become the preferred method of engagement in our salesrooms, and Sotheby's has recently rolled out a new online auction engine with mobile bidding and other features to make it easy and fun to engage with us. The house sales pioneered by Sotheby's in 1920s can now also come to life online through the company's retail website, Sotheby's Home. In 2018, sales to online buyers – which include items from live auctions purchased online, all online-only sales, as well as purchases made on our retail websites, Sotheby's Home and Sotheby's Wine – totaled $220.4 million, a 24% increase compared to 2017. Beyond auction, Sotheby's now offers collectors the resources of Sotheby's Financial Services, the world's only full-service art financing company, as well as the collection, artist, estate & foundation advisory services of its subsidiary, Art Agency, Partners. Sotheby's also presents private sale opportunities in more than 70 categories and in 2018, private sales totaled more than $1 billion, a five-year high. In 2016, Sotheby's brought scientific research in-house with the acquisition of Orion Analytical and the appointment of renowned scientist James Martin, mirroring a trend seen in the world's great museums and placing Sotheby's in a position to provide even greater service to collectors. Also in an effort to better serve clients and meet a growing demand for data, Sotheby's acquired the Mei Moses Art Indices, widely recognized as the preeminent measure of the state of the art market. Now known as Sotheby's Mei Moses, the indices provide Sotheby's with unique access to an analytic tool that provides objective and verifiable information to complement the world-class expertise of the Company's specialists. And in keeping with the spirit that led Sotheby's to look beyond books in the 19th century and beyond England's shores in the 1950s, Sotheby's acquired Thread Genius in 2018, a startup specializing in taste-based image recognition and recommendation technologies. Founded by two software and machine learning engineers, the acquisition continues focus on data and technology to drive innovation and improve both internal processes and client service and experience, and positions the company well for future innovations. 2019 will also mark the most significant transformation of Sotheby's physical premises in many years: in May, we will unveil new galleries at our Manhattan headquarters, which will be the premiere commercial gallery space in the world; in October, we will unveil spectacular upgrades to our New Bond Street property in London; and in December, we will complete the refresh of our beautiful gallery space opposite the Elysée Palace in Paris. *Doug Woodham, Art Collecting Today (New York: Allworth Press, 2017). |
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