According to Bloomberg.com, Sotheby’s Chief Financial Officer, William Sheridan, thinks the art market has bottomed out. The auction house reported an 87 percent drop in earnings for their second quarter so they’d better hope so.
Rock Bottom?
According to Bloomberg.com, Sotheby’s Chief Financial Officer, William Sheridan, thinks the art market has bottomed out. The auction house reported an 87 percent drop in earnings for their second quarter so they’d better hope so.