Agenda-setting intelligence, analysis and advice for the global fashion community.
Depending on your perspective, the verdict delivered by art services and technology company Winston Artory Group was either very good or very bad. A print that had recently been appraised for $1 million was, the company determined earlier this month, now worth just $300,000—a 70 percent decline in possible value. These were happy tidings for the insurance company that requested the appraisal, and potentially devastating for the print’s owner. “The insurance company loved it,” says Winston Artory’s Co-Executive Chairman Elizabeth von Habsburg. “The client, maybe not so much.”
Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.
