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Subject: The $1.39 Billion Question, Basquiat Fever & The Warhol Dip
From: Marion Maneker <marion@puck.news>
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Welcome back to Wall Power, where we=E2=80=99ll attempt to put some rigor b=
ehind the results of last week=E2=80=99s outwardly disappointing (but possi=
bly auspicious) back-to-back sales. Last week=E2=80=99s sales were seen as =
a bellwether event for reasons both geographical and historical. The major =
global auction centers, of course, are New York, Hong Kong, and London=E2=
=80=94where Sotheby=E2=80=99s, Christie=E2=80=99s, and Phillips first set u=
p shop nearly 300 years ago.
=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=
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=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=
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=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=
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=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=
=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=
=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0
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PREVIEW VERSION
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Welcome back to Wall Power, where we=E2=80=99ll attempt to put some rigor b=
ehind the results of last week=E2=80=99s outwardly disappointing (but possi=
bly auspicious) back-to-back sales. I=E2=80=99m Marion Maneker, and I=E2=80=
=99ll be your guide.
Last week=E2=80=99s sales were seen as a bellwether event for reasons both =
geographical and historical. The major global auction centers, of course, a=
re New York, Hong Kong, and London=E2=80=94where Sotheby=E2=80=99s, Christi=
e=E2=80=99s, and Phillips first set up shop nearly 300 years ago. But certa=
inly since Brexit, and maybe even before that, London=E2=80=99s stature as =
an international sales center has diminished. It=E2=80=99s no longer the ga=
teway to Europe, and much of the art trading on the continent has migrated =
toward Paris.
Meanwhile, the auction houses have had outposts in Hong Kong since the 1990=
s, where sales activity steadily
increased. After the global financial crisis, a pan-Asian market was firmly=
established. In recent years, Hong Kong has faced some challenges from Cov=
id and the encroaching Mainland government. Nevertheless, all three auction=
houses are opening, or have opened, new headquarters in Hong Kong this yea=
r=E2=80=94which means they will eventually hold simultaneous sales. When th=
ose sales converge remains one of the enduring mysteries of the current mar=
ket, but clues point to the fall and next spring.
With trading in London and Hong Kong presently in flux, New York=E2=80=99s =
dominant position as the industry=E2=80=99s capital has been temporarily am=
plified. Of course, that means last week=E2=80=99s sales will be scrutinize=
d even more than usual. Today, using data provided to me by my friends at L=
iveArt ( https://liveart.io/?utm_campaign=3DWall+Power+-+LEADS+%285%2F21%2F=
24%29&utm_content=3DWall+Power+-+LEADS+%285%2F7%2F24%29&utm_medium=3Demail_=
action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 ), I will t=
ry to make
sense of what happened.
But first=E2=80=A6
* It=E2=80=99s all in the day sales: The day sales are the laboratory of th=
e art market where buyers and sellers try out new trends that might expand =
upward to the evening sales. So far, these sales are telling us that the ma=
rket...
Can=E2=80=99t see the full story?
You=E2=80=99re receiving the free version of Wall Power at enzo@showfile.co=
m. For full access to Puck, and to each of my colleagues, you can
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=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )
Warhol, Basquiat & A $1.4 Billion Question ( https://puck.news/what-may-auc=
tions-data-says-about-art-market/?utm_campaign=3DWall+Power+-+LEADS+%285%2F=
21%2F24%29&utm_content=3DWall+Power+-+LEADS+%285%2F7%2F24%29&utm_medium=3De=
mail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )
Warhol, Basquiat & A $1.4 Billion Question ( https://puck.news/what-may-auc=
tions-data-says-about-art-market/?utm_campaign=3DWall+Power+-+LEADS+%285%2F=
21%2F24%29&utm_content=3DWall+Power+-+LEADS+%285%2F7%2F24%29&utm_medium=3De=
mail_action&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )
Exactly how rich are the rich feeling these days? Data from the May sales s=
uggest some reasons to be cheerful=E2=80=94$35 million for Warhol, $28 mill=
ion for Leonora Carrington, $22 million for Joan Mitchell=E2=80=94despite a=
50 percent drop in auction house sales.
MARION MANEKER ( https://puck.news/author/marion-maneker/?utm_campaign=3DWa=
ll+Power+-+LEADS+%285%2F21%2F24%29&utm_content=3DWall+Power+-+LEADS+%285%2F=
7%2F24%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c=
60615e3d301d48d28 )
MARION MANEKER ( https://puck.news/author/marion-maneker/?utm_campaign=3DWa=
ll+Power+-+LEADS+%285%2F21%2F24%29&utm_content=3DWall+Power+-+LEADS+%285%2F=
7%2F24%29&utm_medium=3Demail_action&utm_source=3Dcustomer.io&utm_term=3Df6c=
60615e3d301d48d28 )
First, the bad news: There are many good reasons to fear that the U.S. elec=
tions in November will constrain what is already a frigid art market. Two y=
ears ago, of course, New York=E2=80=99s May sales cycle totaled $2.74 billi=
on, with an average price per lot of $1.8 million. But by 2023, after the C=
ovid-era orgy had subsided, the art market began a relentless contraction. =
This week, the May sales at Bonhams, Christie=E2=80=99s, Phillips, and Soth=
eby=E2=80=99s totaled $1.39 billion, down around 50 percent in two years. T=
he average lot value was $925k. An additional 47 lots with an estimated val=
ue of $74.4 million were withdrawn to...
Keep Reading with a Free Trial ( https://puck.news/what-may-auctions-data-s=
ays-about-art-market/?utm_campaign=3DWall+Power+-+LEADS+%285%2F21%2F24%29&u=
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utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )
FOUR STORIES WE=E2=80=99RE TALKING ABOUT
Khan=E2=80=99s Fashion War ( https://puck.news/lina-khan-war-against-tapest=
ry-capri-merger/?utm_campaign=3DWall+Power+-+LEADS+%285%2F21%2F24%29&utm_co=
ntent=3DWall+Power+-+LEADS+%285%2F7%2F24%29&utm_medium=3Demail_action&utm_s=
ource=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )
Khan=E2=80=99s Fashion War ( https://puck.news/lina-khan-war-against-tapest=
ry-capri-merger/?utm_campaign=3DWall+Power+-+LEADS+%285%2F21%2F24%29&utm_co=
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ource=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )
Will the F.T.C throw a monkey wrench in the Tapestry-Capri merger?
ERIQ GARDNER
Berson of Interest ( https://puck.news/david-berson-rips-page-from-sean-mcm=
anus-playbook/?utm_campaign=3DWall+Power+-+LEADS+%285%2F21%2F24%29&utm_cont=
ent=3DWall+Power+-+LEADS+%285%2F7%2F24%29&utm_medium=3Demail_action&utm_sou=
rce=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )
Berson of Interest ( https://puck.news/david-berson-rips-page-from-sean-mcm=
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rce=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )
On the horn with CBS Sports=E2=80=99s new boss, David Berson.
JOHN OURAND
More LVMH Murmurs ( https://puck.news/scad-student-fashion-show-thoughts-wa=
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omer.io&utm_term=3Df6c60615e3d301d48d28 )
Weighing in on the=C2=A0Kim Jones=C2=A0rumor mill.
LAUREN SHERMAN
Biden=E2=80=99s =E2=80=9924 Conundrum ( https://puck.news/new-poll-finds-vo=
ter-nostalgia-for-trump/?utm_campaign=3DWall+Power+-+LEADS+%285%2F21%2F24%2=
9&utm_content=3DWall+Power+-+LEADS+%285%2F7%2F24%29&utm_medium=3Demail_acti=
on&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )
Biden=E2=80=99s =E2=80=9924 Conundrum ( https://puck.news/new-poll-finds-vo=
ter-nostalgia-for-trump/?utm_campaign=3DWall+Power+-+LEADS+%285%2F21%2F24%2=
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on&utm_source=3Dcustomer.io&utm_term=3Df6c60615e3d301d48d28 )
Dissecting an exclusive poll illuminating voters=E2=80=99 shaky memory.
PETER HAMBY
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<div style=3D"display: none; max-height: 0px; overflow: hidden;">Welcome =
back to Wall Power, where we=E2=80=99ll attempt to put some rigor behind th=
e results of last week=E2=80=99s outwardly disappointing (but possibly ausp=
icious) back-to-back sales. Last week=E2=80=99s sales were seen as a bellwe=
ther event for reasons both geographical and historical. The major global a=
uction centers, of course, are New York, Hong Kong, and London=E2=80=94wher=
e Sotheby=E2=80=99s, Christie=E2=80=99s, and Phillips first set up shop nea=
rly 300 years ago.
=20
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<p style=3D"margin: 0; color: #000000; font-size: 16px; line-hei=
ght: 30px; margin-top: 0; margin-bottom: 0;">Welcome back to Wall Power, wh=
ere we=E2=80=99ll attempt to put some rigor behind the results of last week=
=E2=80=99s outwardly disappointing (but possibly auspicious) back-to-back s=
ales. I=E2=80=99m <b>Marion Maneker</b>, and I=E2=80=99ll be your guide. <b=
r/><br/>Last week=E2=80=99s sales were seen as a bellwether event for reaso=
ns both geographical and historical<i>.</i> The major global auction center=
s, of course, are New York, Hong Kong, and London=E2=80=94where Sotheby=E2=
=80=99s, Christie=E2=80=99s, and Phillips first set up shop nearly 300 year=
s ago. But certainly since Brexit, and maybe even before that, London=E2=80=
=99s stature as an international sales center has diminished. It=E2=80=99s =
no longer the gateway to Europe, and much of the art trading on the contine=
nt has migrated toward Paris. <br/><br/>Meanwhile, the auction houses have =
had outposts in Hong Kong since the 1990s, where sales activity steadily
increased. After the global financial crisis, a pan-Asian market was firmly=
established. In recent years, Hong Kong has faced some challenges from Cov=
id and the encroaching Mainland government. Nevertheless, all three auction=
houses are opening, or have opened, new headquarters in Hong Kong this yea=
r=E2=80=94which means they will eventually hold simultaneous sales. When th=
ose sales converge remains one of the enduring mysteries of the current mar=
ket, but clues point to the fall and next spring.<br/><br/>With trading in =
London and Hong Kong presently in flux, New York=E2=80=99s dominant positio=
n as the industry=E2=80=99s capital has been temporarily amplified. Of cour=
se, that means last week=E2=80=99s sales will be scrutinized even more than=
usual. Today, using data provided to me by my friends at <u><b><a href=3D"=
https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdQblF=
JR2U5VGxDd0lqVUFES1I3az0iLCJocmVmIjoiaHR0cHM6Ly9saXZlYXJ0LmlvLz91dG1fY2FtcG=
FpZ249V2FsbCtQb3dlcistK0xFQURTKyUyODUlMkYyMSUyRjI0JTI5XHUwMDI2dXRtX2NvbnRlb=
nQ9V2FsbCtQb3dlcistK0xFQURTKyUyODUlMkY3JTJGMjQlMjlcdTAwMjZ1dG1fbWVkaXVtPWVt=
YWlsX2FjdGlvblx1MDAyNnV0bV9zb3VyY2U9Y3VzdG9tZXIuaW9cdTAwMjZ1dG1fdGVybT1mNmM=
2MDYxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW=
5rX2lkIjo4OTEyNzB9/b776c4df488989c1bff3d220b2893d1d7a3f04e5650937f653691e33=
f35dffb8" style=3D"color:rgb(212, 0, 0);text-decoration:none;font-weight:bo=
ld" class=3D"sdf">LiveArt</a></b></u>, I will try to make
sense of what happened.<br/><br/><i>But first=E2=80=A6</i><br/><br/></p><ul=
style=3D"margin:0;color:#000000;font-size:16px;line-height:30px;margin-top=
:0;margin-bottom:0;list-style-type:square;mso-special-format:bullet"><li><i=
>It=E2=80=99s all in the day sales</i>: The day sales are the laboratory of=
the art market where buyers and sellers try out new trends that might expa=
nd upward to the evening sales. So far, these sales are telling us that the=
market...</li></ul>
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ght: 30px; font-family: 'Helvetica Neue', Helvetica, Arial, sans-se=
rif;">
<i>Can=E2=80=99t see the full story?
<b>
You=E2=80=99re receiving the free version of Wall Power at en=
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UyslMjg1JTJGMjElMkYyNCUyOVx1MDAyNnV0bV9jb250ZW50PVdhbGwrUG93ZXIrLStMRUFEUys=
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<![endif]--><a class=3D"cta" href=3D"https://email.pu=
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coration:none;width:220px;-webkit-text-size-adjust:none;">Learn More</a><!-=
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<td>
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" class=3D=
"w100pct" role=3D"presentation" style=3D"width: 100%;" width=3D"100%">
<tbody><tr>
<td style=3D"padding-bottom: 10px;"><a href=3D"https://email.p=
uck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdQblFJR2U5VGxDd0lqVU=
FES1I3az0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvd2hhdC1tYXktYXVjdGlvbnMtZGF0Y=
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JTI4NSUyRjIxJTJGMjQlMjlcdTAwMjZ1dG1fY29udGVudD1XYWxsK1Bvd2VyKy0rTEVBRFMrJTI=
4NSUyRjclMkYyNCUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdX=
JjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50Z=
XJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjg5MTI3MX0/5656e184953f=
521d8f5ecdd27892e42976aff1eb2009e9fbbe9f1f4895bb392c" target=3D"_blank"><im=
g alt=3D"Warhol, Basquiat & A $1.4 Billion Question" class=3D"w100pct" =
src=3D"https://images.scalero.io/email_assets/4014/CUNIQNUFYD8F67WTSGOZC36D=
PRY6ZCMPYI8ZIA0YTFSU2A98LMZDO2QK12BT03XS.png" style=3D"width:540px;" width=
=3D"540"/></a></td>
</tr>
<tr>
<td style=3D"padding-bottom: 10px;"><a href=3D"https://email.p=
uck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdQblFJR2U5VGxDd0lqVU=
FES1I3az0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mvd2hhdC1tYXktYXVjdGlvbnMtZGF0Y=
S1zYXlzLWFib3V0LWFydC1tYXJrZXQvP3V0bV9jYW1wYWlnbj1XYWxsK1Bvd2VyKy0rTEVBRFMr=
JTI4NSUyRjIxJTJGMjQlMjlcdTAwMjZ1dG1fY29udGVudD1XYWxsK1Bvd2VyKy0rTEVBRFMrJTI=
4NSUyRjclMkYyNCUyOVx1MDAyNnV0bV9tZWRpdW09ZW1haWxfYWN0aW9uXHUwMDI2dXRtX3NvdX=
JjZT1jdXN0b21lci5pb1x1MDAyNnV0bV90ZXJtPWY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwiaW50Z=
XJuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjg5MTI3MX0/5656e184953f=
521d8f5ecdd27892e42976aff1eb2009e9fbbe9f1f4895bb392c" rel=3D"noopener" styl=
e=3D"text-decoration: none; color: #d70a09; font-family: Beskerville, Georg=
ia, 'Times New Roman', Times, serif; font-size:30px; line-height:36=
px;" target=3D"_blank">Warhol, Basquiat & A $1.4 Billion Question</a></=
td>
</tr>
<tr>
<td style=3D"font-size:18px; color:#000000;line-height:30px; p=
adding-bottom: 10px;">Exactly how rich are the rich feeling these days? Dat=
a from the May sales suggest some reasons to be cheerful=E2=80=94$35 millio=
n for Warhol, $28 million for Leonora Carrington, $22 million for Joan Mitc=
hell=E2=80=94despite a 50 percent drop in auction house sales.</td>
</tr>
<tr class=3D"replica" name=3D"author">
<td style=3D"padding-bottom: 24px;">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" class=
=3D"w100pct" role=3D"presentation" style=3D"width: 100%;" width=3D"100%">
<tbody><tr>
<td width=3D"80"><a href=3D"https://email.puck.news/e/c/eyJ=
lbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdQblFJR2U5VGxDd0lqVUFES1I3az0iLCJocm=
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249V2FsbCtQb3dlcistK0xFQURTKyUyODUlMkYyMSUyRjI0JTI5XHUwMDI2dXRtX2NvbnRlbnQ9=
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YxNWUzZDMwMWQ0OGQyOCIsImludGVybmFsIjoiZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJsaW5rX=
2lkIjo4NDc4MTd9/ce53fa37d26c76e2890c80b0b96e6b98051ec39c083fe0470d6c47a3454=
a263d" target=3D"_blank"><img alt=3D"MARION MANEKER" src=3D"https://images.=
scalero.io/email_assets/4014/5U91RL8QH35FF9HGFOAQOSQW8H4C5DPTZ2B6X3OWH55F47=
VW83M55HOB5IFV2UDZ.png" style=3D"width:45px;" width=3D"45"/></a></td>
<td style=3D"font-size:18px; color:#555555;line-height:22px=
; border-bottom: 1px solid #bbbbbb;"><a href=3D"https://email.puck.news/e/c=
/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdQblFJR2U5VGxDd0lqVUFES1I3az0iLC=
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3454a263d" rel=3D"noopener" style=3D"text-decoration: none; color: #d70a09;=
" target=3D"_blank"> <strong>MARION MANEKER</strong></a></td>
</tr>
</tbody></table>
</td>
</tr>
</tbody></table>
</td>
</tr>
<!-- END OF STORY HERO -->
<!-- REGULAR CONTENT -->
<tr class=3D"replica" name=3D"s1">
<td style=3D"padding-bottom: 36px; color: #000000; font-size: 16p=
x; line-height: 30px; margin-top: 0; margin-bottom: 0;">First, the bad news=
: There are many good reasons to fear that the U.S. elections in November w=
ill constrain what is already a frigid art market. Two years ago, of course=
, New York=E2=80=99s May sales cycle totaled $2.74 billion, with an average=
price per lot of $1.8 million. But by 2023, after the Covid-era orgy had s=
ubsided, the art market began a relentless contraction. This week, the May =
sales at Bonhams, Christie=E2=80=99s, Phillips, and Sotheby=E2=80=99s total=
ed $1.39 billion, down around 50 percent in two years. The average lot valu=
e was $925k. An additional 47 lots with an estimated value of $74.4 million=
were withdrawn to...</td>
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v-text-anchor:middle;width:220px;" arcsize=3D"10%" stroke=3D"f" fillcolor=
=3D"#C2291B">
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<![endif]--><a class=3D"cta" href=3D"https://email.pu=
ck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdQblFJR2U5VGxDd0lqVUF=
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JuYWwiOiJmNmM2MDYxNWUzZDMwMWQ0OGQyOCIsImxpbmtfaWQiOjg5MTI3MX0/5656e184953f5=
21d8f5ecdd27892e42976aff1eb2009e9fbbe9f1f4895bb392c" style=3D"background-co=
lor:#C2291B;border-radius:4px;color:#ffffff!important;text-decoration:none!=
important;display:inline-block;font-family:sans-serif;font-size:13px;font-w=
eight:bold;line-height:44px;text-align:center;text-decoration:none;width:22=
0px;-webkit-text-size-adjust:none;">Keep Reading with a Free Trial</a><!--[=
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<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" class=3D"w1=
00pct" role=3D"presentation" style=3D"width: 540px;" width=3D"540">
<tbody><tr>
<td align=3D"center" style=3D"font-size:20px; line-height:34px; b=
order-top:1px solid #BBBBBB; padding: 0px 0;">
</td>
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<!-- DIVIDER -->
<!-- OTHER STORIES -->
<tr class=3D"replica" name=3D"stories">
<td align=3D"center" class=3D"padL20 padR20" style=3D"padding-top: 2=
0px; padding-bottom: 20px;">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" class=3D"w1=
00pct" role=3D"presentation" style=3D"width: 540px;" width=3D"540">
<tbody><tr>
<td class=3D"padL0 padR0" style=3D"font-size:14px; font-weight:bo=
ld;color:#d70a09;line-height:18px; padding: 0 30px 20px 30px;">FOUR STORIES=
WE=E2=80=99RE TALKING ABOUT</td>
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"w100pct" role=3D"presentation" style=3D"width: 100%;" width=3D"100%">
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<td style=3D"padding-right: 10px; padding-bottom: 10px;" valig=
n=3D"top"><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1=
lEQU5TTktOT05LQUdQblFJR2U5VGxDd0lqVUFES1I3az0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrL=
m5ld3MvbGluYS1raGFuLXdhci1hZ2FpbnN0LXRhcGVzdHJ5LWNhcHJpLW1lcmdlci8_dXRtX2Nh=
bXBhaWduPVdhbGwrUG93ZXIrLStMRUFEUyslMjg1JTJGMjElMkYyNCUyOVx1MDAyNnV0bV9jb25=
0ZW50PVdhbGwrUG93ZXIrLStMRUFEUyslMjg1JTJGNyUyRjI0JTI5XHUwMDI2dXRtX21lZGl1bT=
1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09Z=
jZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4Iiwi=
bGlua19pZCI6ODg4NTE5fQ/1d7b1f56b24290d62bd0bee35c4f0ac4d9c71d5e04185683a7a4=
2f0b849ecd35" target=3D"_blank"><img alt=3D"Khan=E2=80=99s Fashion War" cla=
ss=3D"w80" src=3D"https://userimg-bee.customeriomail.com/images/client-env-=
107382/Icon_Martini.png" style=3D"width:145px;" width=3D"145"/></a></td>
<td class=3D"padB30" style=3D"padding-bottom: 10px;">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" class=
=3D"w100pct" role=3D"presentation" style=3D"width: 100%;" width=3D"100%">
<tbody><tr>
<td class=3D"padB10" style=3D"padding-bottom: 20px;"><a cla=
ss=3D"fs22" href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdQblFJR2U5VGxDd0lqVUFES1I3az0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvbGluYS1raGFuLXdhci1hZ2FpbnN0LXRhcGVzdHJ5LWNhcHJpLW1lcmdlci8_dXRtX2Nhb=
XBhaWduPVdhbGwrUG93ZXIrLStMRUFEUyslMjg1JTJGMjElMkYyNCUyOVx1MDAyNnV0bV9jb250=
ZW50PVdhbGwrUG93ZXIrLStMRUFEUyslMjg1JTJGNyUyRjI0JTI5XHUwMDI2dXRtX21lZGl1bT1=
lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09Zj=
ZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4Iiwib=
Glua19pZCI6ODg4NTE5fQ/1d7b1f56b24290d62bd0bee35c4f0ac4d9c71d5e04185683a7a42=
f0b849ecd35" rel=3D"noopener" style=3D"text-decoration: none; color: #d4000=
0; font-size: 22px; font-weight: 700; line-height: 26px; font-family: Beske=
rville,Georgia,'Times New Roman',Times,serif;" target=3D"_blank">Kh=
an=E2=80=99s Fashion War</a></td>
</tr>
<tr>
<td class=3D"padB10 fs14" style=3D"font-size:14px;color:#55=
5;line-height:16px; padding-bottom: 20px;">Will the F.T.C throw a monkey wr=
ench in the Tapestry-Capri merger?</td>
</tr>
<tr>
<td class=3D"fs14" style=3D"font-size:14px;color:#000000;li=
ne-height:16px;"><strong>ERIQ GARDNER</strong></td>
</tr>
</tbody></table>
</td>
</tr>
<!-- END OF STORY ITEM -->
<!-- STORY ITEM -->
<tr class=3D"replica" name=3D"story2">
<td style=3D"padding-right: 10px; padding-bottom: 10px;" valig=
n=3D"top"><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1=
lEQU5TTktOT05LQUdQblFJR2U5VGxDd0lqVUFES1I3az0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrL=
m5ld3MvZGF2aWQtYmVyc29uLXJpcHMtcGFnZS1mcm9tLXNlYW4tbWNtYW51cy1wbGF5Ym9vay8_=
dXRtX2NhbXBhaWduPVdhbGwrUG93ZXIrLStMRUFEUyslMjg1JTJGMjElMkYyNCUyOVx1MDAyNnV=
0bV9jb250ZW50PVdhbGwrUG93ZXIrLStMRUFEUyslMjg1JTJGNyUyRjI0JTI5XHUwMDI2dXRtX2=
1lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX=
3Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4=
ZDI4IiwibGlua19pZCI6ODg5Mjg0fQ/ff4fad6bf93ae3cb459942a72bcca6f15d952977a194=
5cdc075b92ddb798ef0d" target=3D"_blank"><img alt=3D"Berson of Interest" cla=
ss=3D"w80" src=3D"https://userimg-bee.customeriomail.com/images/client-env-=
107382/Icon_MoneyBag.png" style=3D"width:145px;" width=3D"145"/></a></td>
<td class=3D"padB30" style=3D"padding-bottom: 10px;">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" class=
=3D"w100pct" role=3D"presentation" style=3D"width: 100%;" width=3D"100%">
<tbody><tr>
<td class=3D"padB10" style=3D"padding-bottom: 20px;"><a cla=
ss=3D"fs22" href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdQblFJR2U5VGxDd0lqVUFES1I3az0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvZGF2aWQtYmVyc29uLXJpcHMtcGFnZS1mcm9tLXNlYW4tbWNtYW51cy1wbGF5Ym9vay8_d=
XRtX2NhbXBhaWduPVdhbGwrUG93ZXIrLStMRUFEUyslMjg1JTJGMjElMkYyNCUyOVx1MDAyNnV0=
bV9jb250ZW50PVdhbGwrUG93ZXIrLStMRUFEUyslMjg1JTJGNyUyRjI0JTI5XHUwMDI2dXRtX21=
lZGl1bT1lbWFpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3=
Rlcm09ZjZjNjA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4Z=
DI4IiwibGlua19pZCI6ODg5Mjg0fQ/ff4fad6bf93ae3cb459942a72bcca6f15d952977a1945=
cdc075b92ddb798ef0d" rel=3D"noopener" style=3D"text-decoration: none; color=
: #d40000; font-size: 22px; font-weight: 700; line-height: 26px; font-famil=
y: Beskerville,Georgia,'Times New Roman',Times,serif;" target=3D"_b=
lank">Berson of Interest</a></td>
</tr>
<tr>
<td class=3D"padB10 fs14" style=3D"font-size:14px;color:#55=
5;line-height:16px; padding-bottom: 20px;">On the horn with CBS Sports=E2=
=80=99s new boss, David Berson.</td>
</tr>
<tr>
<td class=3D"fs14" style=3D"font-size:14px;color:#000000;li=
ne-height:16px;"><strong>JOHN OURAND</strong></td>
</tr>
</tbody></table>
</td>
</tr>
<!-- END OF STORY ITEM -->
<!-- STORY ITEM -->
<tr class=3D"replica" name=3D"story3">
<td style=3D"padding-right: 10px; padding-bottom: 10px;" valig=
n=3D"top"><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1=
lEQU5TTktOT05LQUdQblFJR2U5VGxDd0lqVUFES1I3az0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrL=
m5ld3Mvc2NhZC1zdHVkZW50LWZhc2hpb24tc2hvdy10aG91Z2h0cy13YXJlcy8_dXRtX2NhbXBh=
aWduPVdhbGwrUG93ZXIrLStMRUFEUyslMjg1JTJGMjElMkYyNCUyOVx1MDAyNnV0bV9jb250ZW5=
0PVdhbGwrUG93ZXIrLStMRUFEUyslMjg1JTJGNyUyRjI0JTI5XHUwMDI2dXRtX21lZGl1bT1lbW=
FpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjN=
jA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlu=
a19pZCI6ODg4NTIwfQ/a436ddd1423d14c81c1fd2fbfd34547f65c512996ea3b918157fefe4=
badfb973" target=3D"_blank"><img alt=3D"More LVMH Murmurs" class=3D"w80" sr=
c=3D"https://userimg-bee.customeriomail.com/images/client-env-107382/Icon_U=
FO.png" style=3D"width:145px;" width=3D"145"/></a></td>
<td class=3D"padB30" style=3D"padding-bottom: 10px;">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" class=
=3D"w100pct" role=3D"presentation" style=3D"width: 100%;" width=3D"100%">
<tbody><tr>
<td class=3D"padB10" style=3D"padding-bottom: 20px;"><a cla=
ss=3D"fs22" href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdQblFJR2U5VGxDd0lqVUFES1I3az0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3Mvc2NhZC1zdHVkZW50LWZhc2hpb24tc2hvdy10aG91Z2h0cy13YXJlcy8_dXRtX2NhbXBha=
WduPVdhbGwrUG93ZXIrLStMRUFEUyslMjg1JTJGMjElMkYyNCUyOVx1MDAyNnV0bV9jb250ZW50=
PVdhbGwrUG93ZXIrLStMRUFEUyslMjg1JTJGNyUyRjI0JTI5XHUwMDI2dXRtX21lZGl1bT1lbWF=
pbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNj=
A2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua=
19pZCI6ODg4NTIwfQ/a436ddd1423d14c81c1fd2fbfd34547f65c512996ea3b918157fefe4b=
adfb973" rel=3D"noopener" style=3D"text-decoration: none; color: #d40000; f=
ont-size: 22px; font-weight: 700; line-height: 26px; font-family: Beskervil=
le,Georgia,'Times New Roman',Times,serif;" target=3D"_blank">More L=
VMH Murmurs</a></td>
</tr>
<tr>
<td class=3D"padB10 fs14" style=3D"font-size:14px;color:#55=
5;line-height:16px; padding-bottom: 20px;">Weighing in on the=C2=A0Kim Jone=
s=C2=A0rumor mill.</td>
</tr>
<tr>
<td class=3D"fs14" style=3D"font-size:14px;color:#000000;li=
ne-height:16px;"><strong>LAUREN SHERMAN</strong></td>
</tr>
</tbody></table>
</td>
</tr>
<!-- END OF STORY ITEM -->
<!-- STORY ITEM -->
<tr class=3D"replica" name=3D"story4">
<td style=3D"padding-right: 10px; padding-bottom: 10px;" valig=
n=3D"top"><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1=
lEQU5TTktOT05LQUdQblFJR2U5VGxDd0lqVUFES1I3az0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrL=
m5ld3MvbmV3LXBvbGwtZmluZHMtdm90ZXItbm9zdGFsZ2lhLWZvci10cnVtcC8_dXRtX2NhbXBh=
aWduPVdhbGwrUG93ZXIrLStMRUFEUyslMjg1JTJGMjElMkYyNCUyOVx1MDAyNnV0bV9jb250ZW5=
0PVdhbGwrUG93ZXIrLStMRUFEUyslMjg1JTJGNyUyRjI0JTI5XHUwMDI2dXRtX21lZGl1bT1lbW=
FpbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjN=
jA2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlu=
a19pZCI6ODg5NDc1fQ/58670999b28c77b412235c342744fe11f7baefe90fa46bdd9025f256=
3e152048" target=3D"_blank"><img alt=3D"Biden=E2=80=99s =E2=80=9924 Conundr=
um" class=3D"w80" src=3D"https://userimg-bee.customeriomail.com/images/clie=
nt-env-107382/Icon_Ace.png" style=3D"width:145px;" width=3D"145"/></a></td>
<td class=3D"padB30" style=3D"padding-bottom: 10px;">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" class=
=3D"w100pct" role=3D"presentation" style=3D"width: 100%;" width=3D"100%">
<tbody><tr>
<td class=3D"padB10" style=3D"padding-bottom: 20px;"><a cla=
ss=3D"fs22" href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1l=
EQU5TTktOT05LQUdQblFJR2U5VGxDd0lqVUFES1I3az0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm=
5ld3MvbmV3LXBvbGwtZmluZHMtdm90ZXItbm9zdGFsZ2lhLWZvci10cnVtcC8_dXRtX2NhbXBha=
WduPVdhbGwrUG93ZXIrLStMRUFEUyslMjg1JTJGMjElMkYyNCUyOVx1MDAyNnV0bV9jb250ZW50=
PVdhbGwrUG93ZXIrLStMRUFEUyslMjg1JTJGNyUyRjI0JTI5XHUwMDI2dXRtX21lZGl1bT1lbWF=
pbF9hY3Rpb25cdTAwMjZ1dG1fc291cmNlPWN1c3RvbWVyLmlvXHUwMDI2dXRtX3Rlcm09ZjZjNj=
A2MTVlM2QzMDFkNDhkMjgiLCJpbnRlcm5hbCI6ImY2YzYwNjE1ZTNkMzAxZDQ4ZDI4IiwibGlua=
19pZCI6ODg5NDc1fQ/58670999b28c77b412235c342744fe11f7baefe90fa46bdd9025f2563=
e152048" rel=3D"noopener" style=3D"text-decoration: none; color: #d40000; f=
ont-size: 22px; font-weight: 700; line-height: 26px; font-family: Beskervil=
le,Georgia,'Times New Roman',Times,serif;" target=3D"_blank">Biden=
=E2=80=99s =E2=80=9924 Conundrum</a></td>
</tr>
<tr>
<td class=3D"padB10 fs14" style=3D"font-size:14px;color:#55=
5;line-height:16px; padding-bottom: 20px;">Dissecting an exclusive poll ill=
uminating voters=E2=80=99 shaky memory.</td>
</tr>
<tr>
<td class=3D"fs14" style=3D"font-size:14px;color:#000000;li=
ne-height:16px;"><strong>PETER HAMBY</strong></td>
</tr>
</tbody></table>
</td>
</tr>
<!-- END OF STORY ITEM -->
</tbody></table>
</td>
</tr>
</tbody></table>
</td>
</tr>
<!-- END OF OTHER STORIES -->
<!-- DIVIDER -->
<tr class=3D"replica" name=3D"quote3">
<td align=3D"center" style=3D"padding-bottom: 20px;">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" class=3D"w1=
00pct" role=3D"presentation" style=3D"width: 540px;" width=3D"540">
<tbody><tr>
<td align=3D"center" style=3D"font-size:20px; line-height:34px; b=
order-top:1px solid #BBBBBB; padding: 0px 0;">
</td>
</tr>
</tbody></table>
</td>
</tr>
<!-- DIVIDER -->
<!-- IMAGE -->
<tr>
<td align=3D"center" class=3D"padL12 padR12" style=3D"padding: 10px;=
"><a href=3D"https://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTk=
tOT05LQUdQblFJR2U5VGxDd0lqVUFES1I3az0iLCJocmVmIjoiaHR0cHM6Ly9wdWNrLm5ld3Mva=
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99f444bb1721ced47ff6288c5a9" target=3D"_blank"><img alt=3D"Start your free =
trial today" class=3D"w100pct" src=3D"https://images.scalero.io/email_asset=
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<td align=3D"center" class=3D"padL20 padR20" style=3D"padding: 50px =
0 30px;">
<table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" role=3D"pre=
sentation" width=3D"100%">
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<td align=3D"center" style=3D"padding-bottom: 20px;"><a href=3D"h=
ttps://email.puck.news/e/c/eyJlbWFpbF9pZCI6ImRnVDJ4Z1lEQU5TTktOT05LQUdQblFJ=
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<td align=3D"center" style=3D"padding-bottom: 16px;">
<table align=3D"center" cellpadding=3D"0" cellspacing=3D"0" role=
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<td style=3D"padding: 0 10px;"><a href=3D"https://email.puck.n=
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