At 220 years old, you certainly wouldn’t describe Phillips auction house as a hot young upstart. But as Sotheby’s and Christie’s spin their wheels in the 2010s, it’s their inventive, smaller rival that’s left us highly impressed.
Modern luxury players have taken conglomerates by complete surprise. But it’s a storyline you’re unlikely to find reported in any real depth outside of Lean Luxe. Here’s what we’re reading between the lines.