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Sotheby’s Commissions Slump by Nearly 20% as Luxury Falters

Sotheby’s reported a pre-tax loss of $247.9 million as the auction house continues to struggle amidst a prolonged slump in the art market.
Sotheby's
Sotheby’s, whose brand dates back to the 18th century, is struggling through a prolonged slump along with the rest of the art market. (Getty Images)

Sotheby’s

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  • Sotheby's Institute of Art

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