Annual price changes in design provoke last-minute shopping

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Released on: 31, December 1969
, Author: Allan Majotra
, Audience: Internet related

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23 January 2008, Madrid, Miami

In spite of the markets recent roller-coaster ride, January has shown an increasein sales for art and design at PicassoMio.com. While art is often acquired forinvestment early in the year, the recent sales for design seem to indicate thatshoppers are becoming savvier than ever before. For when else to finally acquirethat beloved piece of design than just before the annual price change?

Particularly one Dutch manufacturer, whose collection includes works from designersMarcel Wanders and Bertjan Pot, has garnered much attention in the past two weeks, muses Allan Majotra, co-founder of PicassoMio.com. Our clients are aware of theaesthetic and financial value of contemporary art. We ve been pleased to note thatthis awareness extends to contemporary design.

And while clients around the world are eager to make the most of the last remainingseven days, Allan Majotra is quick to comfort those who choose to wait. Not alldesigners and manufacturers have chosen to change prices in 2008. Ultimately, thebest deal you can make is purchasing works of art and design you love.

At PicassoMio.com, one can also find curated, one-of-a-kind or limited-editionworks, including paintings, graphic prints, photographs and sculptures, by modernmasters, such as Matisse, Chagall and Miro; contemporary masters, such as Hirst,Hockney and Wegman, and hundreds of extraordinary emerging artists. The currentonline-catalog includes more than 50,000 different artworks valued at $200 million,with prices ranging from $100 to $100,000. In 2007, PicassoMio opened PicassoMioDesign, featuring design, furniture and jewellery to become the one-stop gallery forthe complete range of curated high-end arts.For more information, please contact margaret@picassomio.com or ana@picassomio.comor visit the website at www.picassomio.com.

About PicassoMio.com/PicassoMio Galleries

With a presence in Europe and the U.S., PicassoMio.com / PicassoMio Galleries is anart company that operates the leading online gallery. In operation since 2000,PicassoMio.com has sold contemporary art by over 4,000 artists to clients in over 50countries. The gallery s sales are growing at a rate of over 50% per year.

At PicassoMio.com, one can find curated, one-of-a-kind or limited-edition works,including paintings, graphic prints, photographs and sculptures, by modern masters,such as Matisse, Chagall and Miro; contemporary masters, such as Hirst, Hockney andWegman, and hundreds of extraordinary emerging artists. Their current catalog onlineincludes more than 50,000 different artworks valued at $200 million, with pricesranging from $100 to $100,000.

Every month PicassoMio.com receives approximately 1 million visitors and serves overa hundred clients. The average order size is approximately $1,500. Clients includeprivate parties, businesses and trade companies, including interior designers andgalleries and dealers. Customers are served by art consultants, all of whom havesignificant art business and art history experience.

The website s powerful art search engine allows buyers to find the artwork of theirchoice by selecting from medium, style, theme, colour, price, etc. All clients arealso assured of a 7-day, no-questions-asked return policy. The company contributes5% of its gross profits, in cash or kind, back to the art world.

In 2005, El PaĆ­s called PicassoMio Gallery the world s biggest gallery ,Emprendedores magazine selected PicassoMio.com as one of the 100 Best Companies ,the Wall Street Journal s Smart Money magazine selected PicassoMio.com as the onlyrecommended art website, and Financial Times called PicassoMio.com the Amazon.com of the contemporary art scene.

In 2007, PicassoMio Europe was ranked as one of the Top 50 companies by the EuropeanTech Tour. In 2004, the company was nominated as a finalist for FAST50, organizedby Fast Company magazine, and was selected for the Gate-2-Growth forum, sponsored bythe European Commission. In 2001, PicassoMio Europe was nominated as a finalist inthe pan-European Milestones Business Awards. PicassoMio has also been recommendedby the New York Times, Architectural Digest, Real Simple magazine and ArtsWorld TV,amongst others.

PicassoMio was founded by Allan Majotra and Nicholas Marchalleck and has offices andgalleries in Miami and Madrid.


Source: Express-Press-Release.com
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