postwar Archives - Arts & Collections

Christie’s Restructures to Reflect Evolving Art Market

Auction house Christie’s has announced plans to change its structure to “reflecting evolving market demand and the collecting habits of clients” Its Impressionist and Modern department will be merged with the Postwar and Contemporary department in a new hybrid sector called “20/21,” or “20th and 21st Century Art.” The decision is seen as a sign that auction houses are being forced to make changes to reflect the current state of the market both in terms...

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