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Losses or Politics in Haunch of Venison Departure?

June 2, 2010 by Marion Maneker

Sarah Thornton is on the Haunch of Venison story with a vengeance providing both history and near real-time reporting on the split of Blain and Southern from the company. She writes: “Insiders variously cite corporate politics, turf wars and information withholding—rather than overspending,” though she cites some figures [below] that belie her own assertion.

Thornton also points to Francois Pinault as the primary instigator of the purchase suggesting that one should never buy a business where you are already one of the best customers:

Christie’s will retain the brand name and reposition Haunch as purely a primary-focused gallery, with any secondary-market activities taken over by Christie’s post-war and contemporary department. […] Word has it that Haunch NY will also leave its high-rise premises in Rockefeller Centre, because the connotations of the location are “too secondary market”, and set up shop alongside other primary galleries in Chelsea. Continue Reading

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