LONDON - Christie's art sales surged to a record high of £4.54 billion in 2013 as new buyers and rising Asian demand contributed to a buoyant art market in a fragile global economy. Sales at the London-based auction house rose 16 percent from 2012, Christie's said on Wednesday, helped by a push to attract Asian art collectors that included the company's first auctions in China and India in 2013. "Our strategy to invest in new markets such as China, new channels such as private sales and online sales, and to build on our position at the leading auction house, has enabled Christie's to grow," Chief Executive Steven Murphy said. Rival auction house Sotheby's said on Wednesday its sales grew by almost 20 percent last year, making it the fastest growing art auctioneer in 2013 and underscoring a burgeoning art market.
Source: REUTERS
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