Rich Swiss collectors back inaugural sale as LVMH back out of picture
Is there a future for Phillips de Pury & Luxembourg (15/10% buyer’s premium) now that Bernard Arnault and the financial might of the LVMH group have distanced themselves from the company and the enormous guarantees it was paying to secure high-value consignments?
Irene Stoll, director of Phillips de Pury & Luxembourg’s Swiss Art department certainly seems to…