News New Filing Shows Phillips Doubling UK Losses Last Year Amid Rising Costs In October, Phillips board of directors recommended against paying a dividend to investors. By Angelica Villa Dec 13, 2023 5:37 pm
News In London, Auction Growth Halts, with Sales Down 20 Percent from 2022 It's a sharp drop from last year. By Angelica Villa Oct 17, 2023 6:29 pm
News Phillips Sees 40 Percent Drop in Sales in First Half of 2023, Offering Another Sign of a Market Slowdown Private sales took a tumble, decreasing by 72 percent compared to the same period last year. By Angelica Villa Aug 9, 2023 12:37 pm
News Phillips Launches Direct-from-Artist Sales Platform, Expanding into E-Commerce "Blue-chip" and "self-represented" artists are being vetted for future sales on the platform. By Angelica Villa Aug 8, 2023 4:52 pm
News Hong Kong Makes 2024 Venice Biennale Pick, Phillips Readies Sales Platform, and More: Morning Links for August 8, 2023 Here's what we're reading this morning. By The Editors of ARTnews Aug 8, 2023 8:16 am
News Sotheby’s Cuts Multiple Senior Staffers and NFT Specialists Amid Market Softening At least 15 staffers have lost their jobs at Sotheby's and Phillips is consolidating its West Coast offices. By Shanti Escalante-De Mattei, Angelica Villa Jul 12, 2023 4:29 pm
News A Baffling $11.5 M. Sale at Phillips Marks the End of London’s Summer Auctions The word "pass" was heard many times during a sale that generally lacked momentum. By Daniel Cassady Jun 30, 2023 5:05 pm
Market Undervalued and Cult Artists Reign in Low-Haul $69.5 M. Evening Sale at Phillips New York Hours after the latest edition of Frieze New York opened to VIPs Wednesday, Phillips staged an evening sale dedicated to art from the 20th century to today that brought in a total of… By Angelica Villa May 17, 2023 11:17 pm
News Andy Warhol’s Portrait of O.J. Simpson Is Up for Auction at Phillips this May It was one of 200 portraits Warhol made for his 'Athletes Series,' which included portraits of Muhammad Ali, Kareem Abdul-Jabbar and Dorothy Hamil. By Shanti Escalante-De Mattei May 1, 2023 11:23 am
News Russian-Owned Phillips Is Facing ‘Significant Doubt’ Over Its Finances, According to Records "There are no planned adjustments to the company's operations and staffing," the house said. By Angelica Villa Mar 31, 2023 5:46 pm