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Sotheby’s relocates April Hong Kong auctions to New York due to coronavirus

//The global auction calendar continues to be buffeted by pestilence and geopolitics as Sotheby’s announced today it is relocating its Modern and contemporary art sales in Hong Kong in April to New York due to the coronavirus.

//Kevin Ching, the chief executive of Sotheby’s in Asia, says in a statement the decision was taken after “careful consideration and reflection on nearly 50 years of working with our clients in Asia”.

//The majority of auctions that had been due to take place during New York’s Asia Week in March have now been postponed until June.

//Sotheby’s European chairman and worldwide head of Impressionist and Modern art says ,"The goal now is to create a jam-packed week in London following Art Basel and ending in time for US clients to return home for 4th July. Live auctions will also be supplemented by online-only sales. "//


Full Article: The Art Newspaper, (24-Feb)
https://bit.ly/2To0kM5

#Coronavirus #Ecomony #Sotheby #Art