Carvana acquires Adesa US auction business for $2.2B to jump-start used car sales

Carvana, the online used car marketplace, has agreed to buy Kar Global’s Adesa U.S. auction subsidiary for $2.2 billion in cash, an acquisition aimed at adding another revenue stream as well as a network of physical sites that could help bolster

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Louis Vuitton x Nike “Air Force 1” by Virgil Abloh Auction Hits $25.3 Million

Image: Louis Vuitton The Louis Vuitton and Nike “Air Force 1” by Virgil Abloh has raised a record-breaking US$25.3 million at the Sotheby’s auction concluded earlier this month. This 200-lot sale is the auction house’s most valuable charity auction in

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Two Record-Shattering Sales At Karl Lagerfeld’s Estate Auction

Image: Chanel Sotheby’s in Paris sold €6.2 million worth of possessions from the late Karl Lagerfeld. And two world records were set for a Chanel handbag and an artwork of Martin Szekely. Digital bidding was open on December 6 through

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Ugás and Stanionis reach an agreement; WBA auction is suspended

The World Boxing Association (WBA) auction between Yordenis Ugás and Eimantas Stanionis , due to be held tomorrow, was suspended because both sides reached an agreement to finalize the fight. The teams of both boxers communicated with the WBA sanctioning

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Givenchy Teams Up With Chito to Auction 15 NFTs

Image: Givenchy Givenchy joins the list of luxury brands releasing NFTs as it partners up with graphic artist, Chito to create a series of 15 collectable NFTs. Givenchy’s creative director, Matthew Williams, previously collaborated with Chito for Givenchy’s Spring/Summer 2022

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Steve Jobs’ personal bomber jacket, vintage business card, and more up for auction

A new lot of Steve Jobs and Apple memorabilia is up for auction this month including some interesting items. Along with a vintage Steve Jobs Apple Computer business card, there’s a NeXT bomber jacket that Jobs actually wore, Apple Computer

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