Phillips Auction Co., Ltd

 Auction institutions     |      未知    |    2023-06-02 11:06
Phillips Auction Co., Ltd. is the third largest auction house in the UK, mainly auctioning cultural relics and works of art. Harry Phillips, the founder of the bank, is Christie's most proud student. In 1796, Phillips set up his own house, and there were 12 chain auction stores at the first time he ran an auction house. Soon, he established long-term cooperation with internationally famous art collectors, such as Marie Antoinette, Beau Brummell, etc.


 
Phillips Auction House was far behind Sotheby's and Christie's for hundreds of years, and had no comparable qualification until it was bought by Bernard Arnault, the boss of Louis Vuitton, France, with 70 million pounds in November 1999, and merged into the world's largest luxury goods group LVMH. Arnault took advantage of the scandal ridden opportunity of the two auction houses to invest heavily in Phillips, making him a global auction house giant in a short time.
 
In 2004, the total auction volume reached $95 million, which increased to $308 million in 2007. Its auction volume increased by 80% between 2007 and 2008.

At present, the auction house has successfully entered the Asian market in 2014. After 15 years of efforts, it has successfully entered the National Convention and Exhibition Center (English name name: National Convention and Exhibition Center (Shanghai)) in Shanghai, China through consultation with the Chinese government. The auction house was jointly built by the Ministry of Commerce and the Shanghai Municipal Government, with a total floor area of 1.47 million square meters and an aboveground floor area of 1.27 million square meters, It is currently the largest single building and exhibition complex in the world.
 

 
The center is located in the west of the core area of Hongqiao Business District in Shanghai, with a direct distance of only 1.5 kilometers from the Hongqiao transportation hub. It is closely connected to the Hongqiao High Speed Railway Station and Hongqiao Airport through the subway. The surrounding highway network is accessible in all directions, and important cities in the Yangtze River Delta can be reached within 2 hours, with convenient transportation To provide key support for foreign-funded enterprises by the Shanghai Municipal Government.