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World’s Top Auction Houses to Convene in Boston to Explore Industry’s Online Future amid Rapid Business Transformation

First-Ever Global Auction House Summit Is Presented by Invaluable

Category:

Friday, August 25, 2017 9:30 am EDT

Dateline:

BOSTON
"The goal of the Summit is to bring industry leaders together under one roof to discuss common challenges and explore solutions in an effort to propel the industry forward, especially as we think about how things will continue to evolve five, 10 or 15 years into the future"

BOSTON--(BUSINESS WIRE)--Representatives from the world’s top auction houses will gather in Boston in September for the first-ever Global Auction House Summit, presented by Invaluable, to examine the industry’s rapidly-evolving online future.

The invitation-only event, themed “Global Technology Trends: Driving the Auction Industry Forward,” will be held at The Boston Park Plaza Hotel from Sept. 6-8 and will include panels and keynotes led by CEOs, industry experts and key influencers from across the art, auction and ecommerce industries. Topics to be discussed as part of the Summit include the globalization of the art world, the shifting nature of selling estates, the next generation of auction buyers, art law in the digital age, data and transparency, building an online brand, and more.

“The auction industry is evolving rapidly as more business shifts to online and mobile channels. The evolution is not coming – it’s here now,” said Rob Weisberg, CEO of Invaluable, the world’s leading online marketplace for fine art, antiques and collectibles.

According to the 2017 Hiscox Online Art Trade Report, online art market sales reached an estimated $3.75 billion in 2016. The report estimates the online art market to be worth $9.14 billion by 2021 – representing a 144% increase in online hammer in just five years’ time.

“The goal of the Summit is to bring industry leaders together under one roof to discuss common challenges and explore solutions in an effort to propel the industry forward, especially as we think about how things will continue to evolve five, 10 or 15 years into the future,” Weisberg added.

A full agenda for the summit is available at www.invaluable.com/summit.

For press inquiries and credentials to cover the Summit, please contact Andrew Gully, Director of Public Relations, at 617-206-2875 or at agully@invaluable.com.

For more information on Invaluable, please visit www.Invaluable.com or follow us on Twitter at @InvaluableLive.

About Invaluable
Invaluable is the world’s leading online marketplace for fine art, antiques and collectibles. Working with more than 5,000 of the world’s premier auction houses, dealers and galleries, Invaluable helps buyers from more than 180 countries connect with the things they love. With best-in-class online bidding technology, along with a fixed-price retail platform, Invaluable provides sellers with e-commerce and marketing solutions, as well as auction management software. Recently called “one of the fastest growing e-commerce sites in the art world” by Blouin ArtInfo, Invaluable has also been recognized by Deloitte’s Technology Fast 500™ and the EY Entrepreneur Of The Year® program in both 2015 and 2016. Headquartered in Boston, Invaluable also has offices in the United Kingdom, France, Germany, Belgium and Australia.

Contact:

Invaluable
Andrew Gully, 617-206-2875
agully@invaluable.com