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“Now, the visual content itself will count as much as the noise that’s being generated around those campaigns for the AI engines, too. So if people are talking about the campaigns on social media, and asking the AI about the huge productions and who’s cut deals with luxury brands, it all becomes a part of the conversation in AI engines,” Marcus says. “These campaigns are a massive spend that is already happening for the brands, but now it’s also about understanding how to optimise that spend for AI visibility, too.” Last week in Geneva, Christie’s sold a 30.6-carat carved cabochon emerald, known as the Shah Jahan, for $830,000 — eightfold its estimate. London auction house Phillips sold Tiffany’s 42.7-carat Vanderbilt Kashmir sapphire for $3.6 million, threefold its estimate. And Sotheby’s broke records with the successful auction of Napoleon’s diamond brooch, which sold for $4.4 million, or about 29 times its estimate.Officials Lawn And Order Special Mowing Unit Funny Dad Joke Shirt
Luxury auctions are thriving. Christie’s reports luxury sales are up 29% year-on-year. Consolidated luxury sales at Sotheby’s have grown from $822 million in 2019 (accounting for 14% of total sales) to $2.2 billion last year (now 37% of total sales). Auction houses are benefiting from an effort to bring in younger bidders, and they’re biting. Josh Pullan, head of global luxury at Sotheby’s, says that a third of its clients buying watches, handbags and spirits are under 40, an increase from previous years as the category performs well among young buyers. At Phillips, Gen Z and millennial clients have grown 56% in the last five years, says worldwide head of jewelry Benoît Repellin. According to figures released by Christie’s, in 2025 so far, 39% of female bidders and buyers have been millennials or Gen Zs, up from 32% in 2024. Among men, 32% were millennials or Gen Zs, compared with 28% the previous year.
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