Gems sparkle in Sotheby's earnings

Aboriginal Art Directory | 08.12.10

Mr Goodman said Sotheby's jewellery and decorative arts divisions had boosted the company's results, in the face of a difficult market for both finding buyers and consigning items for auction across the company's divisions, which include Australian art, Aboriginal art and cars.

"Jewellery is a highly profitable part of our business, and this year we had the third-best decorative arts sale in Sotheby's history," he said.

Turnover of senior department heads has been high in the 12 months since Goodman acquired a 10-year licence to operate under the Sotheby's banner thoughout Australia.

URL: http://www.theaustralian.com.au/news/nation/gems-sparkle-in-sothebys-earnings/story-e6frg6nf-1225966041766


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