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Design Week Nets $58.4M, Young Collectors Drive Demand

12/18/2025

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Summary

Story summary

Sotheby's inaugural design week at the Met Breuer generated $58.4 million and sold 94% of lots.
The highlight was François-Xavier Lalanne, an artist, whose Hippopotame Bar sold for $31.4 million, above its $7–10 million estimate.
Christie's Design sale totaled $15.9 million, led by Claude Lalanne’s chandelier at $2.1 million.
The market shows strong demand among younger collectors, with Millennials and Gen Z making up 20% of bidders at Phillips.

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Story summary

Sotheby's inaugural design week at the Met Breuer generated $58.4 million and sold 94% of lots.
The highlight was François-Xavier Lalanne, an artist, whose Hippopotame Bar sold for $31.4 million, above its $7–10 million estimate.
Christie's Design sale totaled $15.9 million, led by Claude Lalanne’s chandelier at $2.1 million.
The market shows strong demand among younger collectors, with Millennials and Gen Z making up 20% of bidders at Phillips.