THE ART NEWSPAPER | Anny Shaw:
Christie’s and Sotheby’s are emerging as the frontrunners in the online art market, according to the annual report by the fine art insurer Hiscox, released today, 25 April. Christie’s online business increased by 34% in 2016 (from $162m to $217m), while Sotheby’s equivalent activities grew 19% to $155m, according to the Hiscox Online Art Trade Report, produced in association with ArtTactic. It ranks the auction houses first and second respectively in a poll of 758 art buyers. Last year Christie’s was voted top overall and Sotheby’s fourth… Read more
Image: Sotheby’s online business grew 19% to $155m, according to the Hiscox Online Art Trade Report