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Sotheby’s CEO expects physical sales to fire-up in June

Charles Stewart – CEO – Sotheby’s

Sotheby’s teams are returning to work in a number of offices across Europe and Asia and the business is actively preparing for the reopening of galleries in New York and London, according to the group’s chief executive Charles F. Stewart (pictured above).

Auction business has shifted online during the Coronavirus lock down.

Since March, Sotheby’s has held 37 online auctions that generated sales worth almost $70 million across categories including  watches, wine, jewellery and art.

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Mr Stewart says he is keen to get his teams back in place, where government guidelines allow.

“Looking ahead to June and July and our flagship sales – we plan to hold our evening and day sales of Impressionist, Modern and Contemporary Art in New York the week of 29 June, pending the lifting of certain restrictions and confirmation from the relevant authorities. You will hear more about our specific plans and innovations to ensure success and safety, and we are excited about the very high quality of the sales,” Mr Steward reveals.

“In Hong Kong, our spring sales series will be held from 5-11 July at the Hong Kong Convention and Exhibition Center. We have an outstanding lineup of rarities, including Chinese ceramics and paintings, modern and contemporary art, jewelry, watches and wine,” he adds.

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Rob Corder

The author Rob Corder