SOTHEBY'S news and archive

CFDA and Sotheby’s celebrate Defining American Style auction

Ahead of the upcoming New York Fashion Week, the event’s organiser Council of Fashion Designers of America (CFDA) had already set out to celebrate American fashion through the opening of an exhibition honouring designers from the region. The display was held as a preview to luxury auction house Sotheby’s latest sale, ‘Vision of America’, which...

People

Sotheby’s names new head of media, editor-in-chief

Auction house Sotheby’s has announced the appointment of Kristina O’Neill to the newly created role head of Sotheby’s Media as well as editor-in-chief of Sotheby’s Magazine, effective January 8. The media division of the company will launch as a new global initiative dedicated to omnichannel content covering digital, audio and video elements....

Business

Princess Diana's sweater fetched one million, over ten times more than expected

A jumper belonging to Princess Diana fetched 1.1 million dollars at Sotheby's, according to the auction house's website. That is 10 times more than Sotheby's initial estimate, which expected proceeds of between 50,000 and 80,000 dollars. A newly engaged Diana wore the jersey to Prince Charles' polo match in 1981. The sheep depicted on the jersey...

Business

Sotheby’s and Louis Vuitton to team up on charity auction

Luxury label Louis Vuitton has unveiled a new partnership with high-end auction house Sotheby’s, which will see 22 of the brand’s artist-designed Artycapucines bags become available in an auction for charity. The handbag collection allows contemporary artists to bring their own vision to the classic, limited edition pieces, with those involved...

Business

CFDA and Sotheby’s to partner on American design auction

The Council of Fashion Designers of America (CFDA) has announced a new partnership with luxury auction house Sotheby’s to curate a collection of pieces by American designers. Among the items will be a number of iconic designs and rare pieces donated by CFDA members and collectors of American fashion, the organisation said. Furthermore, an...

Business

Pendant worn by Princess Diana to come to auction via Sotheby’s

Auction house Sotheby’s has announced that a jewellery item worn by the late Princess Diana is set to become available as part of its annual Royal and Noble sale. The Attallah Cross is currently owned by Ramsay Attallah, a relative of Naim Attallah, the former group chief executive of Asprey & Garrard. According to Attallah, the princess had...

Fashion

Rare diamond sells for 52 million pounds in Hong Kong auction

Sotheby’s in Hong Kong sold an extremely rare pink diamond for 453m Hong Kong dollars, approximately 52m pounds. The diamond, which has a link to Queen Elizabeth II, fetched more than double its estimate. Called the Williamson Pink Star, it is one of the world’s purest, most saturated pink diamonds at 11.15 carats. By standards, it is the...

Fashion

Sotheby's sells most expensive historical jacket at US auction

Sotheby’s has sold its most expensive jacket and artefact in US history. While first thoughts may link the jacket to a luxury house, like a post world war Coco Chanel jacket, or something fabulously decadent worn at Studio 54, it is in fact the first jacket worn in space by American astronaut Buzz Aldrin. Sold for 2.77 million dollars, the...

Fashion

Sotheby's auctions Karl Lagerfeld belongings from his various residences

In the third installment of the Karl Lagerfeld sale series, Sotheby's is selling Lagerfeld’s personal belongings from his various residences, presenting an anthology of his personal taste but also of his life and career. The Cologne sale represents his image, multiple and surprising, telling the story of the couturier, the collector, the...

Fashion

Virgil Abloh Louis Vuitton x Nike sneakers fetch 25 million dollars at auction

Sotheby’s this week auctioned an online sale of 200 pairs of Louis Vuitton Virgil Abloh x Nike sneakers, selling for a total of 25.3 million dollars. One pair in a rare size sold for 352,800 dollars, with most selling over 100,000 dollars, well over the original estimates of 5,000 – 15,000 dollars. The Nike collaboration was a shoe designed by...

Fashion

Sotheby's to auction Virgil Abloh Louis Vuitton x Nike Air Force 1 sneaker

From January 26 bidding will open on Virgil Abloh’s Louis Vuitton and Nike collaboration, with 200 pairs of its Air Force 1 shoe to be sold via luxury auctioneers Sotheby’s. The auction is a link in a string of related Louis Vuitton events to take place from January through 2022. Proceeds will benefit The Virgil Abloh™ “Post-Modern” Scholarship...

Fashion Featured

These Nike Air Jordans are set to be the most expensive auctioned sneakers of all time

Sotheby’s has opened bidding on what will be the most expensive sneaker ever sold at auction: a pair of Nike Air Ships worn by Michael Jordan. Current bidding is at 1.1 million dollars, with estimates of a sale to reach 1.5 million dollars. The British auction house says the sneakers are accompanied by a Letter of Provenance from its owner, Mr....