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Home > Company Index > Diversified Services > Miscellaneous Business Services > Phillips, de Pury & Luxembourg

Phillips, de Pury & Luxembourg
 NEWS FROM THE STANDARD
Sotheby's Profits Are Going, Going, Gone
Mar 14 2001 01:26 PM PST

 PROFILE
The next time you have $8.5 million to plunk down on a Cézanne, check the catalog for the auction houses of Phillip, de Pury & Luxembourg. The #3 auction house in the world (formerly Phillips Auction Group) behind Sotheby's and Christie's, Phillips sells items for more than 80,000 vendors at more than 800 auctions each year in London, New York City, Sydney, and Zurich. The firm also auctions financial assets (endowments, property rights) through its Foster & Cranfield subsidiary. Founded in 1796, Phillips is owned by luxury goods purveyor LVMH Moët Hennessy Louis Vuitton, known for such brands as Dom Pérignon, Moët & Chandon, Christian Dior, and Louis Vuitton.

 COMPETITION
Butterfields (dossier)
Christie's International plc (dossier)
Sotheby's Holdings, Inc. (BID)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 226.30

 KEY PEOPLE
• John Block
    CEO

 CONTACT INFO
101 New Bond St.
London W1Y 0AS, United Kingdom
Phone: 44-20-7629-6602
Fax: 44-20-7629-8876
Online: Web Site

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