Word: auction
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Dates: during 2000-2009
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...real stories of Paris," says Christian Louboutin, sitting in his cluttered office on the rue Jean-Jacques Rousseau. "Hôtel Drouot, for example, is a place where you see people selling their estate, and when they do, you see really their whole life. It's not just an auction house with glamour sales of famous paintings." Among his other usual haunts: a gardening bookshop, a restaurant for the blind and a very reliable Parisian shirtmaker. Here's a peek inside the little black book of one of fashion's greatest footwear designers...
...Drouot, 9 rue Drouot (33-1-48-00-20-20). This is a true Parisian auction house. It's very moving when you see an entire estate for sale?from paintings to dish towels. Plus, it's really a very wide range of social classes all mixed together...
Germany and Austria, mindful of their post-war obligations to Jewish families, have traditionally supported efforts to restore paintings allegedly looted by the Nazis to their original and rightful owners. But the stratospheric prices fetched by some of those paintings in recent weeks - and the resultant fees collected by auction houses and the lawyers representing the owners - have given both countries second thoughts...
...which point it fetched the highest price ever for a Kirchner. The family did not sell because of pressure from the Nazis, he said. The new round of restitution claims, he argues, is being driven not by the heirs of Jewish victims but by lawyers and auction houses in search of the fees generated by such sales...
Remember in the early '80s when BONO suffered from a severe mullet? A stylist improved his look for the Joshua Tree tour in 1987 but made off with his Stetson. U2 learned the ex-staffer had his hat and other garb when she tried to auction them at Christie's in 2002. The band won a protracted lawsuit last week after Bono testified that the stylist's apartment might be an "Aladdin's cave" of stolen U2 memorabilia. Guess that means the band still hasn't found what it's looking...