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Home > Company Index > Diversified Services > Miscellaneous Business Services > Sotheby's Holdings, Inc.
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Sotheby's Holdings, Inc. |
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NEWS FROM THE WIRES |
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U.S.stock index futures end mixed,eyes Cisco earnings Aug 07 2001 01:52 PM PDT
Sotheby's net income drops by more than half Aug 07 2001 01:48 PM PDT
S&P cuts Sotheby's debt to junk Jul 16 2001 12:51 PM PDT
S&P cuts Sotheby's debt to junk Jul 16 2001 12:51 PM PDT
> More WIRE STORIES about this company
NEWS FROM THE STANDARD |
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Sotheby's Profits Are Going, Going, Gone
Mar 14 2001 01:26 PM PST
PROFILE |
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For Sotheby's, business is going, going, gone! The company (along with Christie's International) is one of the world's leading auction houses, holding 1,000 sales a year at its 21 auction centers around the world. The company deals mainly in fine art, antiques, and collectibles. On each sale, Sotheby's collects commissions and fees from both the buyer and the seller. In addition to its live auctions, the company offers online sales on its own Web site, but has shut down a co-branded site with Amazon.com. A group led by Ronald Brown owns about 55% of the company; former chairman Alfred Taubman, who resigned and has been indicted by a federal grand jury amid allegations of a price fixing scheme, owns a 24% stake.
COMPETITION |
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Christie's International plc (dossier)
Phillips, de Pury & Luxembourg (dossier)
eBay Inc. (EBAY)
DEALS |
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Deal: Sotheby's, Amazon.com Form Alliance
Date Announced: 06.16.99
Value of transaction (US $Mil): 45
Description: Offline and online auctions agree to 10-year alliance for high-end auction site; Amazon to invest $45 million in Sotheby's.
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 397.80
1-Yr. Sales Growth: (10.1)%
Employees: 2,048
Revenue per employee: $194,238.28
KEY PEOPLE |
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William F. Ruprecht
CEO
William S. Sheridan
CFO
CONTACT INFO |
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1334 York Ave.
New York, NY 10021
US
Phone: 212-606-7000
Fax: 212-606-7027
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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