 Wysłany: Wto 14:28, 19 Kwi 2011 Temat postu: Memo Art Can Be Overpriced Even for the Rich – F |
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| While some companies are trying their hardest to come across as inexpensive as possible through advertised (and constant) sales and “everyday” low prices (Olay,http://www.khepera.org/KheperaPhotos/displayimage.php?pos=-144, Target,http://www.sullivansisters.net/videoarchive/displayimage.php?pos=-92, Bloomingdale’s),http://abi07.at/matze/cpg149/displayimage.php?pos=-117, other companies,http://www.cartaddictions.com/gallery/displayimage.php?pos=-54, we’ll call them “luxury,” simply aren’t, because the general consensus has been that the luxury market is doing just fine.
But a big impressionist and modern art auction at Christie’s last week wasn’t just uneventful – it tanked. 44% of the works,http://fastfox.hu/index.php?do=/coolboy2101/blog/fashion-news-roundup-kate-swims-for-mario-hillier-hops-r/, including 19th century landscapes by Monet, failed to sell, with the auction’s sales totaling to less than one third of the pre-sale lowball estimates. So what could this mean? Either people at the tip top of the financial echelons are hanging on to their money a little tighter these days due to their own financial woes – or, it’s simply become distasteful to drop jillions when news like this comes out. Either way, it’ll be interesting to see how all the high-end jewelry companies respond to this holiday/bonus season. Harry Winston on sale? Let us pray. Posted in: News Memo: Art Can Be Overpriced Even for the Rich By Natalie Hormilla Monday, Nov 10, 2008 / 2:39 PM GMT -5 |
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