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Sotheby’s Loss Doubles As Margins Fall, Expenses Rise

May 10, 2013

front entrance to sotheby'sAmazing to think that with all the BIG prices they get, the firm still loses money.  Guess that is why they continue to increase the buyer’s premium and are now going into the ‘retail gallery’ business.

Source: Sotheby’s Loss Doubles as Margins Fall, Expenses Rise