{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Open Bid — Daily Morning Briefing on Stocks, Auctions, Luxury Market","title":"$50M Pollock Fails in Sotheby's Private Sale; Prada Heads to the Moon","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/0f20dca5\"></iframe>","width":"100%","height":180,"duration":261,"description":"June 8: $50M Pollock Fails in Sotheby's Private Sale; Prada Heads to the MoonIn this episode:$50M Pollock Fails in Private Sale- A Jackson Pollock owned by dealer Arne Glimcher, reportedly priced ~$50M, failed to sell in a Sotheby's private sale- Follows last week's news that Pace Gallery is cutting ~50 artists; CEO Marc Glimcher called the mega-gallery model \"unfixable\"- Artnet asks whether the mega-gallery model is collapsing; reports Asia's art market is recalibratingLeadership Moves- Printemps names Remy Baume CEO, effective immediately — role vacant since September last year- Carven names Kai Nesselrath (from Anthony Vaccarello's Saint Laurent studio) design director; debut collection for the ICCF-owned label at Paris Fashion Week in autumnPrada in Space- Prada and Axiom Space unveil a new inner-layer garment for NASA astronauts on the lunar surface, ahead of Artemis IV- Shown at Prada's SoHo flagship; part of Prada's push to be the first major luxury house in the space industryQuick Hits- Bombardier's new Global 8000 flew Montreal to Nice in just over six hours (record)- 'Entourage' actor Jeremy Piven sold his Hollywood Hills home for $6.85M — just $50K more than he paid in 2017, after first listing at $9.5M- London: the buyer of a Regent's Park mansion flipped it for ~£195M (~$260M), a markup of ~£56M — one of the UK's highest-value home sales on record (Bloomberg)- Espolon released a new Extra Anejo tequila finished in Chardonnay casks — its second extra anejo expression- Timberland opened at the American Dream Mall (NJ) — part of a plan to open 20 new stores in fiscal 2027Luxury Equities at the Open (European names; open / Friday close)- LVMH (MC.PA): EUR 473.15 / 479.05 (-1.2%)- Hermes (RMS.PA): EUR 1,591 / 1,619 (-1.7%)- Kering (KER.PA): EUR 244.50 / 249.45 (-2.0%, weakest of the group)- Richemont (CFR.SW): CHF 162.15 / 164.65 (-1.5%)- Swatch (UHR.SW): CHF 201.20 / 203.30 (-1.0%)- Sector down ~1-2% at the open, following Friday's global tech selloff;...","thumbnail_url":"https://img.transistorcdn.com/1z6r8f5r5Nhr5bhZafuzDRKp6vb1jRw2SVyBQTEXHzQ/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8yZjBi/ZDI5ODQ1ZTAwOTg3/MzMyNTZmOTEwNTY2/NDFiYS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}