Auction house Phillips expects Chinese buyers to drive art sales as market proves resilient to Covid-19 pandemic

//Auction house Phillips expects Chinese buyers to drive art sales as market proves resilient to Covid-19 pandemic

Auction house Phillips expects Chinese buyers to drive art sales as market proves resilient to Covid-19 pandemic

Even as the coronavirus pandemic wrecks havoc on the global economy, a handful of businesses such as art auctioneers have proven resilient and even thrived, clocking record sales as they bolster their limited physical auctions with a much larger online presence and strategic partnerships.Against this backdrop, auction house Phillips and Poly Auction, a unit of Hong Kong-listed Poly Culture Group, will jointly conduct the upcoming fall auction, hoping to keep the momentum going, said Jonathan…

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By | 2020-10-04T08:30:17+00:00 October 4th, 2020|Entertainment|Comments Off on Auction house Phillips expects Chinese buyers to drive art sales as market proves resilient to Covid-19 pandemic