{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Open Bid — Daily Morning Briefing on Auctions, Luxury & Markets","title":"David Hockney Dies at 88; Christie's South Asian Sale Hits £18.9M; Luxury Rallies on the Iran Deal","html":"","width":"100%","height":180,"duration":320,"description":"June 12: David Hockney Dies at 88; Christie's South Asian Sale Hits £18.9M; Luxury Rallies on the Iran Deal\nThe art world remembers David Hockney, a £18.9M South Asian sale at Christie's, a world-record Elizabeth Taylor handbag, and luxury stocks surging on a possible US–Iran peace deal.\nALT/FNDATA\n- Membership (PODCAST15 for 15% off): https://altfndata.com/go/ob-260612\n- Market reports: https://altfndata.com/go/ob-260612-r\n- Podcast episodes: https://altfndata.com/go/ob-260612-p\n\nIn Memoriam\n- David Hockney has died at 88 (at home in London, June 11). Born Bradford, 1937; pop-art pioneer; the Los Angeles pool paintings (\"A Bigger Splash,\" \"Portrait of an Artist\"); joiners, Yorkshire landscapes, and iPad drawings. Held at the Met, MoMA, Tate and Centre Pompidou; his 2017 Tate Britain retrospective was the most-visited in that gallery's history; Royal Academician and Order of Merit, and he turned down a knighthood. \"Portrait of an Artist\" sold for $90M at Christie's in 2018 (then the record for a living artist) — he first sold it for $20,000 in 1972\n- Nigel Cabourn, British menswear designer, has died at 77. Known for military- and workwear-inspired clothing drawn from his own vast archive of 20th-century military uniforms; a touchstone of the heritage-menswear movement\nAuction Results\n- Christie's \"Sublime Shadows: South Asian Art From a Distinguished Collection\" (London): £18.9M total — Christie's first dedicated sale of its kind since 2019, on strong international demand for South Asian modern & contemporary art\n- Christie's \"Handbags Online: The New York Edit\": $3.26M total, 97% sold by lot. A Fendi Baguette once owned by Elizabeth Taylor set a world record for the model at $21,590\nMarkets — Luxury Rallies on the Iran News\n- Luxury stocks surged on reports the US and Iran are nearing a deal to end their war; LVMH up ~5% in early trading; oil at a multi-month low. Bloomberg notes a whipsaw week, swinging from the year's worst day (Wednesday) to this rally in a...","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}