Saturday, 21st November 2009

 

24 July 2008 - Press Briefing

Christie's pips Sotheby's for Yves St Laurent art rights

Christie's has secured the rights to sell Yves St Laurent's £250m (€318m) art collection, beating arch rival Sotheby's in a heated battle, according to a report in The First Post magazine.

Pierre Berge, St Laurent's long-time companion and heir, had been courted by the two auction firms long before the French fashion designer’s death last month.

Sources said Sotheby's had been the favourite, but Francois Pinault, the billionaire French owner of Christie's, was helped by the fact that he owned the YSL couture house, which he acquired in 1999.

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