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Sotheby’s capitalises on growing second hand watch market and ramps up global expansion

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Sotheby’s has announced Yasuaki Ishizaki as chairman and managing director of Sotheby’s Japan.

The company, headquartered in New York, is capitalising on the second hand watch market this year with this new appointment extending that reach.

Ishizaki, taking office in early September, has been appointed to play a key role in business development strategy working closely with the company’s international leadership and no doubt with global head of watches Sam Hines, who was appointed in January.

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The fresh faces at Sotheby’s both based in Asia, Hines in Hong Kong and Ishizaki in Japan, point towards the expanding global reach of the auction house.

Tad Smith, CEO at Sotheby’s, said: “Sotheby’s leadership in Japan, one of the greatest locations of Eastern and Western collections, as well as home to some of the world’s most refined art, jewelry, wine and care enthusiasts, with all grow stronger with Aki’s appointment.”

In last month’s edition of the UK version of WatchPro, editor Rob Corder caught up with global head of watches at Bonhams and took an in-depth look at how important the second hand watch market has become in contributing to the growth of the industry.

BUSINESS BRIEFING: Modern auctioneering from 225-year old Bonhams

Tags : auctionSecond hand market
Alex Douglas

The author Alex Douglas

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