Christie’s acquisition of Gooding & Company aims to reenter the collector car market, establishing a new luxury brand synergy, while seeking global growth opportunities.
Guillaume Cerutti, Christie’s CEO, expressed confidence that bringing together the resources of both companies will unlock potential for significant global growth in the luxury sector.
François-Henri Pinault believes the Gooding & Company acquisition fits well with other businesses the Pinault family has invested in, enhancing the overall luxury portfolio.
Despite a recent decline of 22% in auction sales, Cerutti emphasizes resilience in Christie’s results, suggesting potential for recovery and growth post-acquisition.
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