Bonhams announces its best-ever first-half year results in the company's history. From January to June 2023, the Bonhams network achieved more than $550,000,000 with sales across the globe.
This is a 32% increase in sales for Bonhams Network from last year. Excluding the acquisitions made in 2022, Bonhams itself grew by 20%. This builds upon the results for 2022, in which the company achieved $1billion for the year for the first time.
Bruno Vinciguerra, Bonhams Chief Executive Officer, commented: "Following a breakthrough year for Bonhams in 2022 when the network achieved $1 Billion turnover for the first time in its history, it is a pleasure to announce such strong results in the first half of 2023. The auction houses acquired last year continue to strengthen Bonhams global network, and we have seen a number of memorable sales across the world and achieved some remarkable results. These results confirm the increasing digitisation and globalisation of the art market across all price points, the two forces underpinning Bonhams' growth strategy."
Anna Melnykova, "Palace of Labor (palats praci), architector I. Pretro, 1916", shot with analog Canon camera, 35 mm Fuji film in March 2022.
ArtDependence Magazine is an international magazine covering all spheres of contemporary art, as well as modern and classical art.
ArtDependence features the latest art news, highlighting interviews with today’s most influential artists, galleries, curators, collectors, fair directors and individuals at the axis of the arts.
The magazine also covers series of articles and reviews on critical art events, new publications and other foremost happenings in the art world.
If you would like to submit events or editorial content to ArtDependence Magazine, please feel free to reach the magazine via the contact page.
