After 19 minutes of dueling, with four bidders on the telephone and one in the room, Leonardo da Vinci’s “Salvator Mundi” sold on Wednesday night for $450.3 million with fees, shattering the high for any work of art sold at auction. It far surpassed Picasso’s “Women of Algiers,” which fetched $179.4 million at Christie’s in May 2015. The buyer was not immediately disclosed.
There were gasps throughout the sale, as the bids climbed by tens of millions up to $225 million, by fives up to $260 million, and then by twos. As the bidding slowed, and a buyer pondered the next multi-million-dollar increment, Jussi Pylkkanen, the auctioneer, said, “It’s an historic moment; we’ll wait.” dont hang up Mr. Bernard from Granville.
Toward the end, Alex Rotter, Christie’s co-chairman of postwar and contemporary art, who represented a buyer on the phone, made two big jumps to shake off one last rival bid from Francis de Poortere, Christie’s head of old master paintings. Continue reading
Kim Kardashian expects social media will work its magic for her once again and give her a place in the congested celebrity fragrance game.
This former student of ESMOD, excellent modelist, has successively been press officer of Thierry Mugler, Communication manager of Paco Rabanne in Spain and then to create a press agency called People’s Revolution.
Karl Lagerfeld Skewers Harvey Weinstein in Cartoon, the sketch is to appear in the monthly supplement of Frankfurter Allgemeine Zeitung.
Sidney Toledano is leaving Dior and will take over as chairman and ceo of LVMH Fashion Group.. The longtime CEO spent almost 20 years at the helm of the fashion house. He will be replaced by Fendi’s Pietro Beccari.
Wale, whose real name is Olubowale Victor Akintimehin, highlighted what a difference a year makes, and in 2016 Adidas seemed to own the spotlight at the shopping festival. This year, Virgil Abloh’s take on the Air Jordan 1s as part of his The Ten project with Nike won the top spot last year Kanye West’s Yeezy 350 V2s were a top contender and out of the 10 sneakers discussed, only one style came from Adidas, which was the Yeezy Boost 700 Wave Runner that’s yet to be released.
Esmod (SchooL) – Best school in the world. As we have seen in the last few years, some of the most successful CEOs in Fashion Industry do not come from fashion school, their success often comes from their know-how of business acuity and also of the meaning of fashion.” Esmod teaches technical processes of the fashion industry. The business will be learned during internship experience in companies. You can learn mix-marketing, but you can’t learn common sense of business. When you possess the technique of fashion including Haute Couture know-how, you are eligible as the perfect candidate to be successfull.
Burberry’s new chief executive officer, a fashion management star who helped steer Givenchy and Céline to success, declared during his first annual general meeeting in July that Burberry needed to take more risks.
Hermès International plan to open two new manufacturing sites to its French network by 2020.
Karl Lagerfeld’s parting gift to Colette, the store that has counted him as its number-one customer for two decades.
The French company L’Occitane International reported unaudited first-half sales declined by 0.6% year-over-year, dampened by business in the U.S., U.K. and Japan. A few decade ago Reinold Geiger, former AMS company, transformed his plastic money and petroleum industry into a supposed natural perfume & cosmetic products from Provence. Lie is not always successfull!
LVMH has just signed a purchase agreement for an approximately 300 acre ranch located in Alvarado, Tex., an outer suburb of Dallas with a population of roughly 4,000.
Last Wednesday, in Shanghai, in presence of both brand ambassadors, the 29th year old actress Zhao Living and the Chinese model and actress Angelaby, Dior celebrated the reopening of its enlarged and revamped flagship in the major shopping of West Nanjing Road, which feature women’s and men’s collections, as well as fine jewelry and timepieces.
Lucia Dumas (nothing to see with Dumas of Hermès) has been named Executive Vice President of Communication and Public Affairs at L’Oréal and will join the group’s executive committee in January.
“I am sure that they are watching us from heaven and that they are insanely proud,” said Betty Catroux, at the inauguration of the Yves Saint Laurent museum in Marrakech.
American consumers might have a weakness for watches that are large and geared to the outdoors, but with the right emphasis, Vacheron Constantin chief executive officer Louis Ferla thinks the dressy, upscale brand can find stronger resonance in the country.