Editing Christie's (section)

=== 21st century ===

In 2002, Christie's France held its first auction in Paris.<ref>[[Souren Melikian]] (17 January 2004), [https://www.nytimes.com/2004/01/17/style/17iht-melik_ed3__1.html The battle of Paris: Christie's rising] ''[[International Herald Tribune]]''.</ref>

Like Sotheby's, Christie's became increasingly involved in high-profile private transactions. In 2006, Christie's offered a reported $21M guarantee to the [[Donald Judd]] Foundation and displayed the artist's works for five weeks in an exhibition that later won an [[International Association of Art Critics|AICA award]] for "Best Installation in an Alternative Space".<ref>[[Souren Melikian]] (12 January 2007), [https://www.nytimes.com/2007/01/12/arts/12iht-melik13.html How Christie's kept top spot over Sotheby's in 2006 sales] ''The New York Times''.</ref> In 2007 it brokered a $68M deal that transferred [[Thomas Eakins]]'s ''[[The Gross Clinic]]'' (1875) from the [[Jefferson Medical College]] at the [[Thomas Jefferson University]] in Philadelphia to joint ownership by the [[Philadelphia Museum of Art]] and the [[Pennsylvania Academy of the Fine Arts]].<ref>Judd Tully (24 October 2011), [http://www.blouinartinfo.com/market-news/article/38947-private-sales-go-public-why-christies-and-sothebys-are-embracing-galleries-like-never-before Private Sales Go Public: Why Christie's and Sotheby's Are Embracing Galleries Like Never Before] {{Webarchive|url=https://web.archive.org/web/20131023122731/http://www.blouinartinfo.com/market-news/article/38947-private-sales-go-public-why-christies-and-sothebys-are-embracing-galleries-like-never-before |date=23 October 2013 }} ''[[The New York Observer]]''.</ref> In the same year, the [[Haunch of Venison]] gallery<ref>Colin Gleadell (27 February 2007), [https://www.telegraph.co.uk/culture/art/3663467/Christies-move-stuns-dealers.html Christie's move stuns dealers] ''[[The Daily Telegraph]]''.</ref> became a subsidiary of the company.<ref>Kate Taylor (16 April 2007), [http://www.nysun.com/arts/auction-houses-vs-dealers/52493/ Auction Houses Vs. Dealers] ''[[New York Sun]]''.</ref>

On 28 December 2008, ''[[The Sunday Times]]'' reported that Pinault's debts left him "considering" the sale of Christie's and that a number of "[[private equity]] groups" were thought to be interested in its acquisition.<ref>{{cite news | url=http://business.timesonline.co.uk/tol/business/industry_sectors/consumer_goods/article5404112.ece | archive-url=https://web.archive.org/web/20091009132201/http://business.timesonline.co.uk/tol/business/industry_sectors/consumer_goods/article5404112.ece | url-status=dead | archive-date=9 October 2009 | title=Pinault woes may force Château Latour sell-off | work=(London) Sunday Times | first=Kate | last=Walsh | date=28 December 2008 | access-date=14 January 2009}}</ref> In January 2009, the company employed 2,100 people worldwide, though an unspecified number of staff and consultants were soon to be cut due to a worldwide downturn in the art market;<ref name="downturn">{{cite news | url=https://www.nytimes.com/2009/01/13/business/worldbusiness/13auction.html | title=Christie's Plans Cuts as Auctions Slow | work=The New York Times|first=Julia|last=Werdigier| date=12 January 2009 | access-date=12 January 2009}}</ref> later news reports said that 300 jobs would be cut.<ref name="downturn2">{{cite news | url=https://www.nytimes.com/2009/02/08/nyregion/08auction.html | title=In World of High-Glamour, Low-Pay Jobs, the Recession Has Its Bright Spots | work=The New York Times|first=Laura M. |last=Holson| date=8 February 2009 | access-date=10 February 2009}}</ref> With sales for premier Impressionist, Modern, and contemporary artworks tallying only US$248.8M in comparison to US$739M just a year before, a second round of job cuts began after May 2009.<ref name="BloombergSecondCut">{{cite news|work=Bloomberg News|date=18 June 2009|access-date=30 June 2009|title=Christie's Resumes Cutting Jobs After May N.Y. Auctions Decline|url=https://www.bloomberg.com/apps/news?pid=20601088&sid=aqb7SPnwv3RM}}</ref>

In 2012, Impressionist works, which dominated the market during the 1980s boom, were replaced by contemporary art as Christie's top category. Asian art was the third most lucrative area.<ref name="bloomberg.com" /> With income from classic auctioneering falling, treaty sales made £413.4 million ($665M) in the first half of 2012, an increase of 53% on the same period last year; they now represent more than 18% of turnover.<ref>Georgina Adam (17 October 2012),
[http://theartnewspaper.com/articles/Battle+for+private+selling+shows/27295 Battle for private selling shows]{{webarchive|url=https://web.archive.org/web/20121023000033/http://theartnewspaper.com/articles/Battle%2Bfor%2Bprivate%2Bselling%2Bshows/27295 |date=23 October 2012 }} ''[[The Art Newspaper]]''.</ref> The company has since promoted curated events, centred on a theme rather than an art classification or time period.<ref>{{Cite news|title = 'Curated' auctions and new buyers keep Christie's in the frame|url = http://www.ft.com/cms/s/70d74b86-c386-11e5-808f-8231cd71622e,Authorised=false.html?siteedition=uk&_i_location=http%253A%252F%252Fwww.ft.com%252Fcms%252Fs%252F0%252F70d74b86-c386-11e5-808f-8231cd71622e.html%253Fsiteedition%253Duk&_i_referer=&classification=conditional_standard&iab=barrier-app#axzz3z6fCpaCf|newspaper = Financial Times|date = 26 January 2016|access-date = 10 February 2016|issn = 0307-1766|first = Mary|last = Childs}}</ref>

As part of a companywide review in 2017, Christie's announced the layoffs of 250 employees, or 12 per cent of the total work force, based mainly in Britain and Europe.<ref name="auto">Scott Reyburn (8 March 2017), [https://www.nytimes.com/2017/03/08/arts/design/christies-to-close-a-london-salesroom-and-scale-back-in-amsterdam.html Christie's to Close a London Salesroom and Scale Back in Amsterdam] ''The New York Times''.</ref>

In June 2021, Christie's Paris held its first sale dedicated to women artists, most notably [[Louise Moillon|Louise Moillon's]] ''Nature morte aux raisins et pêches''.<ref>{{Cite news|url=https://observer.com/2021/06/christies-france-women-artists-auction-sale/|title=Christie's Paris is Holding Its First Sale Dedicated to Women Artists in June|work=Observer|access-date=8 June 2021|language=en}}</ref>

In 2022 Christie's sold $8.4bn in art and luxury goods, an all-time high for any auction house.<ref name="All-Time High"/><ref>{{Cite news |last=Crow |first=Kelly |date=19 December 2022 |title=Christie's Sells Record $8.4 Billion in Art, Spurred by Big Estates and Young Bidders |url=https://www.wsj.com/articles/christies-sales-record-11671485386 |newspaper=[[The Wall Street Journal]] |url-access=subscription |archive-url=https://archive.today/20221220111155/https://www.wsj.com/amp/articles/christies-sales-record-11671485386 |archive-date=20 December 2022 |url-status=live}}</ref>

Christie's agreed to acquire American [[classic car]] auction house, [[Gooding & Company]], in September 2024.<ref>{{Cite news |last=Elliot |first=Hannah |date=12 September 2024 |title=Merger of Christie's, Gooding Auction Houses Applauded as 'Overdue' |url=https://www.bloomberg.com/news/articles/2024-09-12/christie-s-auction-house-buys-gooding-and-even-competitors-are-happy |publisher=Bloomberg News |url-access=subscription}}</ref>