{"id":3316,"date":"2013-05-10T11:08:13","date_gmt":"2013-05-10T11:08:13","guid":{"rendered":"https:\/\/rehs.com\/blog\/?p=3316"},"modified":"2024-03-22T01:46:57","modified_gmt":"2024-03-22T05:46:57","slug":"sothebys-loss-doubles-as-margins-fall-expenses-rise","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2013\/05\/sothebys-loss-doubles-as-margins-fall-expenses-rise\/","title":{"rendered":"Sotheby\u2019s Loss Doubles As Margins Fall, Expenses Rise"},"content":{"rendered":"<p><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/11\/sothebys_web.jpg\"><img decoding=\"async\" class=\"alignleft wp-image-40842\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/11\/sothebys_web.jpg\" alt=\"front entrance to sotheby's\" width=\"193\" height=\"190\" srcset=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/11\/sothebys_web.jpg 1218w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/11\/sothebys_web-300x296.jpg 300w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/11\/sothebys_web-1024x1009.jpg 1024w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/11\/sothebys_web-768x757.jpg 768w\" sizes=\"(max-width: 193px) 100vw, 193px\" \/><\/a>Amazing to think that with all the BIG prices they get, the firm still loses money. \u00a0Guess that is why they continue to increase the buyer&#8217;s premium and are now going into the &#8216;retail gallery&#8217; business.<\/p>\n<p>Source: <a href=\"http:\/\/www.bloomberg.com\/news\/2013-05-09\/sotheby-s-loss-doubles-as-margins-fall-expenses-rise.html\" target=\"_blank\" rel=\"noopener\">Sotheby\u2019s Loss Doubles as Margins Fall, Expenses Rise<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazing to think that with all the BIG prices they get, the firm still loses money. \u00a0Guess that is why they continue to increase the buyer&#8217;s premium and are now going into the &#8216;retail gallery&#8217; business. Source: Sotheby\u2019s Loss Doubles &hellip; <a href=\"https:\/\/rehs.com\/eng\/2013\/05\/sothebys-loss-doubles-as-margins-fall-expenses-rise\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":21,"featured_media":40842,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[9,606],"class_list":["post-3316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rehs-galleries","tag-rehs-galleries-news","tag-sothebys"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sotheby\u2019s Loss Doubles As Margins Fall, Expenses Rise<\/title>\n<meta name=\"description\" content=\"Amazing to think that with all the BIG prices they get, the firm still loses money.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2013\/05\/sothebys-loss-doubles-as-margins-fall-expenses-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sotheby\u2019s Loss Doubles As Margins Fall, Expenses Rise\" \/>\n<meta property=\"og:description\" content=\"Amazing to think that with all the BIG prices they get, the firm still loses money.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rehs.com\/eng\/2013\/05\/sothebys-loss-doubles-as-margins-fall-expenses-rise\/\" \/>\n<meta property=\"og:site_name\" content=\"Rehs Galleries\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RehsGalleriesInc\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/howard.rehs\" \/>\n<meta property=\"article:published_time\" content=\"2013-05-10T11:08:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-22T05:46:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/11\/sothebys_web.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1218\" \/>\n\t<meta property=\"og:image:height\" content=\"1200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Howard L. Rehs\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Howard L. Rehs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2013\\\/05\\\/sothebys-loss-doubles-as-margins-fall-expenses-rise\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2013\\\/05\\\/sothebys-loss-doubles-as-margins-fall-expenses-rise\\\/\"},\"author\":{\"name\":\"Howard L. 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