May 2026

Sotheby’s $304M Modern Evening Auction Confirms the Market Has Found Its Footing

Anchored by top consignments, fresh-to-market museum-grade masterpieces and excellent provenance, Sotheby’s Modern Evening Auction on May 19 closed with a $304 million result, a 98 percent sell-through rate across 45 lots and more than double the total achieved in the equivalent sale in November. The result brings the running combined total for Sotheby’s marquee sales […]

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Lululemon’s Boardroom Fight With Founder Chip Wilson Gets Public—and Personal

Chip Wilson speaking onstage.” width=”970″ height=”694″ data-caption=’With U.S. sales under pressure and shares sharply down, Chip Wilson is recasting Lululemon’s slowdown as a failure of culture and leadership. <span class=”lazyload media-credit”>Jim Bennett/Getty Images</span>’> Canadian athleisure giant Lululemon is locked in a public battle with its founder, Chip Wilson, over who should fill seats On its

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Phillips’ $115.2 Million Evening Sale Was a Testament to the Power of Pre-Planning and Priority Bidding

Phillips auctioneer takes bids in a packed saleroom as Andy Warhol’s Sixteen Jackies appears on the screen beside its estimate.” width=”970″ height=”655″ data-caption=’Phillips Evening Sale on May 20 closes white-gloves with a $115.2 million total, 122 percent up from May 2025. <span class=”lazyload media-credit”>Courtesy Phillips</span>’> Phillips may not have made as much noise ahead of

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Yarra Valley Is Ushering in a New Era of Australian Winemaking

Harvest is in full swing when I arrive at Mount Mary, a small, single vineyard estate in the prestigious Yarra Valley in Victoria, a historic winemaking region in southeast Australia. Third-generation winemaker Sam Middleton peels away from his crew, who are busy maneuvering vats filled with grapes toward the crusher, and ushers me over to

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Summer Is Here, New York. We’ve Got a Weekly Guide to Help You Get Through It.

And we’re back! Our weekly seasonal newsletter, Summer & THE CITY, is returning for another year of splashing in the surf, soaking up the sun, seeing something new and surviving the dog days. Our newsroom’s resident Summer Enjoyers, Katie Honan and Haidee Chu, will tell you the stories of the New Yorkers who make summer

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